UK Stocks-Factors to watch on Nov. 21
21/11/2023 04:53
Nov 21 (Reuters) - Britain's FTSE 100 index .FTSE is
expected to open lower on Tuesday, with futures FFIc1 down
0.01%.
* SHELL: Venezuela is close to approving a license for Shell
SHEL.L and the National Gas Company of Trinidad and Tobago to
develop a promising offshore natural gas field and export its
production to the Caribbean country, two people close to the
matter said.
* CMA: Britain's antitrust regulator will overhaul its
merger assessment regime, including improving interaction with
the parties and letting remedies be pitched sooner, after it was
criticised over the Microsoft-Activision Blizzard deal.
* MARKS & SPENCER: British government's decision to
block retailer Marks & Spencer MKS.L from rebuilding its
flagship store in Marble Arch in London can go to judicial
review, the High Court ruled.
* BRITISH BUSINESS BANK: The British Business Bank (BBB)
will set up a new fund for pension schemes and asset managers to
invest in growth companies, part of wider reforms to unlock
savers' cash to boost the economy, the UK finance ministry said.
* METAL: Copper prices rose to two-month highs, buoyed by
supply concerns in Peru and Panama amid protests and planned
maintenance, while a weaker U.S. dollar also lent support.
* OIL: Oil futures fell, as concerns over weaker demand amid
a slowing global economy outweighed the prospect of deepening
supply cuts by OPEC and its allies.
* FTSE 100: UK's FTSE 100 dipped on Monday, weighed by a
stronger pound and a slide in shares of equipment rental firm
Ashtead Group.
* UK CORPORATE DIARY:
PETERSHILL PHLL.L Q3 TRADING UPDATE
PARTNERS
AO WORLD AO.L FY24 INTERIM RESULTS
CRANSWICK CWK.L INTERIM RESULTS
WORKSPACE GROUP WKP.L HY RESULTS
* For more on the factors affecting European stocks, please
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TODAY'S UK PAPERS
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(Reporting by Zainab Saifuddin Saifee in Bengaluru)
((Zainab.SaifuddinSaifee@thomsonreuters.com; +91 8766460080;))