UK Stocks-Factors to watch on Nov 29

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UK Stocks-Factors to watch on Nov 29
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Nov 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 25 points lower at 7,435.9 on Wednesday, according to financial bookmakers.

PALMER&HARVEY: UK cigarette wholesaler Palmer & Harvey has been placed in administration, with accountants PwC appointed to oversee the process, the accounting firm said on Tuesday.

ANTOFAGASTA: Antofagasta PLC ANTO.L sees the global copper market balanced or in a small deficit this year, with the situation continuing into 2018, its chief executive officer said on Wednesday.

TESCO: Tesco 's TSCO.L former UK finance director Carl Rogberg did not coerce and bully employees to manipulate profit figures in 2014, his lawyer told a London court on Tuesday. ROYAL

DUTCH SHELL: Royal Dutch Shell Plc RDSa.L plans to shut a portion of an olefins unit at its Norco, Louisiana, chemical plant next week an overhaul of the heat exchanger, sources familiar with plant operations said.

BRITAIN-EU: Britain and the EU have reached agreement on the size of the Brexit divorce bill, the Daily Telegraph newspaper reported on Tuesday, citing unidentified sources.

GOLD: Gold prices edged higher on Wednesday amid a slightly weaker dollar, while North Korea's latest missile test had little impact on the safe-haven metal. OIL: Oil prices fell on Wednesday on doubts OPEC and Russia will agree an extended crude production cut that the market has priced in, and after a report of an unexpected rise in U.S. fuel inventories. The UK blue chip index closed 1 percent higher on Tuesday, as Royal Dutch Shell RDSa.L surged after a solid earnings update and a Bank of England stress test on banks delivered no nasty shocks.


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