UK Stocks-Factors to watch on Dec 4

PHSC

05/12/2018 05:41

Dec 5 - Britain's FTSE 100  .FTSE  index is seen opening 72 points lower at
6,951 points on Wednesday, according to financial bookmakers.

    * OIL: Oil prices slumped by around 2 percent on Wednesday, pulled down by
swelling U.S. inventories and a plunge in global stock markets as China's
government warned of increasing economic headwinds. urn:newsml:reuters.com:*:nL4N1YA16B

    * GOLD: Gold prices were steady early Wednesday as the dollar edged up,
while palladium dipped from record highs touched in the previous session but was
in close proximity to the bullion. urn:newsml:reuters.com:*:nL4N1YA1BN

    * TAKEDA: Takeda Pharmaceutical  4502.T  shareholders approved on Wednesday
its $59 billion takeover of London-listed Shire  SHP.L , creating a global
powerhouse with a stronger drugs pipeline but one that is saddled with massive
debt. urn:newsml:reuters.com:*:nL4N1YA1TD
    
     * ROLLS ROYCE: British aero-engine maker Rolls-Royce  RR.L  has partnered
with Chicago-based artificial intelligence software maker Uptake to spot
possible operational issues in its Trent engine fleet ahead of time, the
companies said on Tuesday. urn:newsml:reuters.com:*:nL4N1Y94FJ
    
    * BT GROUP: Britain's BT Group Plc  BT.L  will remove Huawei Technologies
Co's  HWT.UL  equipment from its core 4G network within two years, the Financial
Times reported.  urn:newsml:reuters.com:*:nL4N1YA20R
    
    * The UK blue chip index closed 39.65 points lower at 7022.76 points on
Tuesday, as concerns about growth, doubts about a U.S.-China trade truce, and a
rising pound drove Britain's top stock index down on Tuesday.  urn:newsml:reuters.com:*:nL8N1Y94Y2

    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY: 
 Tricorn Group Plc                      TCN.L         Half-year results
 Numis Corporation Plc                  NUM.L         Full year results
 Caretech Holdings Plc                  CTH.L         Full year results 
 Monks Investment Trust Plc             MNKS.L        Half-year results 
 Stagecoach Group Plc                   SGC.L         Half-year results
 Henderson European Focus Trust Plc     HEFT.L        Full year results 
 JPMorgan Asian Investment Trust Plc    JAI.L         Full year results 
 PHSC Plc                               PHSC.L        Half-year results 
 
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting by Adil Bhat in Bengaluru)
 ((AdilSubzar.Bhat@thomsonreuters.com ; within UK +44 20 7542 1810; Outside UK
+91 80 6749 3638))