UK Stocks-Factors to watch on Dec 17 (updated)
17/12/2024 07:57
(Adds new items, updates futures)
Dec 17 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Tuesday, with futures FFIc1 down 0.5%.
* BUNZL: Britain's Bunzl BNZL.L forecast that
stickier-than-anticipated deflation will have a slight impact on
its annual profit, especially in its Continental Europe
division.
* BRITVIC: Britain's competition regulator cleared
Carlsberg's CARLb.CO deal with soft drinks maker Britvic
BVIC.L , saying it would not refer the $4.23 billion
transaction for an in-depth probe.
* INDIVIOR: Indivior INDV.L said its finance chief Ryan
Preblick will step down as the British drugmaker makes changes
to its board following pressure from no.2 shareholder Oaktree
Capital.
* LAND SECURITIES: British commercial property firm Land
Securities LAND.L said it acquired a 92% stake in shopping
centre Liverpool ONE for 490 million pounds ($622.40 million).
* PAY: British pay rose by more than expected in the three
months to October, official data showed.
* SHEIN: Fast fashion retailer Shein is considering asking
UK regulators to waive listing rules that require at least 10%
of its shares to be sold to the public in its planned London
flotation, two people with knowledge of the matter said.
* RIO TINTO: Australia's BHP BHP.AX and Rio Tinto RIO.AX
will jointly develop a pilot plant to produce low-carbon iron
from Pilbara ores as they take steps to speed up decarbonisation
in the steel industry, the companies said in a joint statement.
* THAMES WATER: Britain's Thames Water will attempt to
convince a court on Tuesday to approve a 3 billion pound ($3.8
billion) lifeline, one of several hurdles it must clear to avoid
nationalisation.
* OIL: Oil prices were range-bound in early Asian trading.
* GOLD: Spot gold steadied on Tuesday.
* For more on the factors affecting European stocks,
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TODAY'S UK PAPERS
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($1 = 0.7873 pounds)
(Reporting by Aby Jose Koilparambil and DhanushVignesh Babu in
Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))