UK Stocks-Factors to watch on June 20

Published 20-06-2017, 11:37 am
Updated 20-06-2017, 11:40 am
© Reuters. UK Stocks-Factors to watch on June 20

June 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points higher on Tuesday, according to financial bookmakers.

* BT: French telecoms company Orange ORAN.PA could get 900 million pounds ($1.15 billion) by reducing its stake in British rival BT Group BT.L from 4 percent to as little as 1.33 percent, it said on Monday. SHELL: A consortium comprising France's Total TOTF.PA and Royal Dutch Shell RDSa.L won the 15th shallow water oil and gas block put up for auction on Monday, the Mexican oil regulator said. UNILEVER: Unilever ULVR.L UNc.AS said on Monday it would buy luxury cosmetics brand Hourglass. Terms of the deal were not disclosed. SSE: British energy supplier SSE SSE.L is eyeing the offshore wind power industry for a possible first foreign investment, its chief executive said on Monday. HINKLEY POINT: The head of one of Britain's top utilities, SSE, said on Monday that EDF's EDF.PA planned nuclear power station at Hinkley Point is likely to be the only one to go ahead in the UK. SHAWBROOK: Private equity groups trying to buy British challenger bank Shawbrook Group Plc SHAW.L said on Monday that shareholder acceptance of the takeover had exceeded a key threshold, allowing the buyers to take the lender private. STANDARD LIFE/ABERDEEN: Standard Life 's SL.L 11 billion pound ($14.04 billion) deal to buy Aberdeen Asset Management ADN.L was approved by both companies' shareholders at meetings on Monday. GSK: GlaxoSmithKline GSK.L has struck a deal for Luke Miels to start as its new head of pharmaceuticals in September, following a lengthy dispute over his contract with his former employer AstraZeneca AZN.L . JAGUAR LAND ROVER: India's Tata Motors Ltd TAMO.NS said on Monday it had no plans to list its luxury British car brand Jaguar Land Rover after Bloomberg reported that the automaker was considering an initial public offering of the unit. BREXIT: British Finance minister Philip Hammond and Bank of England Governor Mark Carney are expected to spell out on Tuesday how they plan to prevent a further hit to its already weakened growth prospects following the launch of the country's historic Brexit talks. BREXIT: Britain has not agreed to make any financial settlement to the European Union to cover outstanding obligations when it leaves, a senior EU official said after the first day of negotiations between London and the EU. BREXIT: The chief Brexit negotiators of Britain and the European Union agreed on Monday that talks until October should focus on citizens rights, a financial settlement and other separation issues, with a separate dialogue on Northern Ireland, a document showed. BRITAIN ECONOMIC GROWTH: The Confederation of British Industry on Tuesday bumped up its forecast for economic growth in Britain, reflecting strong momentum towards the end of last year rather than any fundamental change to its view. OIL: Oil markets held around seven-month lows on Tuesday as investors focused on persistent signs of rising supply that are undermining attempts by OPEC and other producers to support prices. COPPER: London copper traded little changed on Tuesday, supported by upbeat sentiment over the global economy after confidence at Japanese manufacturers rebounded, but prices were capped by a stronger dollar. GOLD: Gold edged higher on Tuesday after hitting near five-week lows in the previous session when the dollar rose as an influential Federal Reserve official reaffirmed the central bank's hawkish stance. The UK blue chip index closed 0.81 percent higher at 7,523.81 on Monday. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY: RWS Holdings PLC

RWS.L

Half Year Wolseley Plc

WOS.L

Q3 Accsys Technologies PLC

ACCS.L Preliminary Earnings Release

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