UK Stocks-Factors to watch on Dec. 27

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Dec. 27
Credit: © Reuters.

Dec 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 9 points on Wednesday, according to financial bookmakers, with futures FFIc1 0.1 percent higher ahead of the cash market open.

* IWG: British serviced office provider IWG Plc IWG.L said it has received a bid approach from Canadian private equity firm Onex ONEX.TO and Brookfield Asset Management BAMa.TO . SHELL: Royal Dutch Shell Plc RDSa.L said it expects recently enacted U.S. tax reform legislation to have a "favorable" impact on its operations. OIL: Oil prices on Wednesday slipped away from two-and-a-half year highs hit the previous session as the gradual resumption of flows through a major North Sea pipeline made up for supply disruption in Libya. GOLD: Gold prices edged down on Wednesday, hovering just below a three-week high hit in the previous session, as the dollar held steady and equities firmed. The UK blue chip index closed 0.2 percent lower at 7,592.66 points on Friday, touching a fresh record high in holiday-shortened trade before easing at the close as weakness among cyclical stocks weighed. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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