UK Stocks-Factors to watch on Nov 4

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov 4
Credit: © Reuters.

Nov 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 46 points higher at 5,833 on Wednesday, according to financial bookmakers.

* BP: British oil major BP BP.L is close to selling its central London headquarters for about 250 million pounds ($325.28 million)as the coronavirus pandemic has forced the company to cut costs, the Financial Times reported. UK REGULATOR: The British government is in talks with U.S. data analytics company Palantir Technologies Inc PLTR.N in an attempt to strengthen its test-and-trace program for COVID-19, the Financial Times reported. GOLD: Gold fell as the dollar strengthened after U.S. President Donald Trump grabbed an early lead in the key state of Florida, muddying the path for his Democratic rival Joe Biden. OIL: Oil rose around 2% after industry data showed crude inventories in the United States fell sharply, but trading was choppy as the outcome of the U.S. presidential election remained unclear. The UK blue-chip index .FTSE closed 2.3% higher on Tuesday, getting a boost from banks on rising bets of more stimulus measures to soften the economic blow from a new wave of coronavirus infections. UK CORPORATE DIARY:

Marks and Spencer Group Plc

MKS.L HY results Provident Financial Plc

PFG.L Q3 trading statement

* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

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PRESS/GB

($1 = 0.7686 pounds)

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