UK Stocks-Factors to watch on November 3 (updated)
03/11/2025 07:53
Adds new items, updates futures
Nov 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.11%.
* BP: BP BP.L said on Monday it would sell stakes in the Permian and Eagle Ford midstream assets of its U.S. onshore oil and gas business for $1.5 billion to funds managed by investment firm Sixth Street.
* EMPRIC STUDENT PROPERTY: British real estate investment trust Empiric Student Property ESP.L said on Monday that booking cycle for the academic year 2025-26 has continued to moderate as falling Chinese students numbers offset gains from UK students, amid geopolitical woes.
* M&C SAATCHI: British advertising group M&C Saatchi SAA.L said on Monday rival media group Brave Bison's BBSN.L 50 million-pound ($67.11 million) proposal for its media business undervalues the division.
* ANGOLA: Angola will not fund miner Endiama's proposed acquisition of a stake in De Beers through the national budget, Finance Minister Vera Daves de Sousa said on Friday.
* BRITISH BORDER FORCE: A union representing British Border Force workers said on Friday that more than 120 staff who patrol Britain's waters, plan to strike on November 14 to protest over pay and working conditions.
* OIL: Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, which eased rising fears of a supply glut, but weak factory data in Asia capped the gains.
* GOLD: Gold held steady on Monday, kept in check by a stronger dollar as investors dialed back bets for further Federal Reserve rate cuts following Chair Jerome Powell's hawkish remarks last week, while easing U.S.-China trade tensions also crimped demand for bullion.
* COPPER: Shanghai copper carried over last week's losses to Monday, as weak Chinese factory data weighed on sentiment.
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
(Compiled by Tuhina and Simone Lobo in Bengaluru)
((tuhina@thomsonreuters.com))