November 29, 2017 / 6:32 AM / in a year

UK Stocks-Factors to watch on Nov 29

    Nov 29 (Reuters) - Britain's FTSE 100 index 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 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 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 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
    * 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 surged after a solid earnings update and a Bank of England stress
test on banks delivered no nasty shocks.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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    > Financial Times                     
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 (Reporting by Harish Bhaskar)
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