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TTG TT electronics News Story

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UK Stocks-Factors to watch on Oct 31 (updated)

Adds new items, updates futures

Oct 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.22%.

* TT ELECTRONICS: TT Electronics TTG.L said  it had rejected three unsolicited takeover proposals from private equity firm DBAY Advisors in the past three months, the last one worth 130 pence per share.

* PRINCES GROUP: Princes Group is set to float at a valuation of 1.16 billion pounds ($1.56 billion) in one of London's largest initial public offerings this year, pricing its shares at the lower end of the marketed range in a sign of investor caution.

* SHELL: Angola's national oil and gas agency, ANPG, will sign an exclusive negotiation agreement with oil major Shell SHEL.L  to explore and develop Blocks 19, 34, 35 as well as ultra-deep water blocks, it said in a statement.

* BP:  BP's BP.L fuel station operator in Indonesia said that it had imported base fuel from a unit of the Indonesian state energy firm Pertamina, restocking its supplies after a shortage.

* HOUSE PRICES: British house prices rose in October, lender Nationwide said outpacing forecasts by economists and adding to signs of demand in the housing market in the run-up to finance minister Rachel Reeves' budget.

* WOOD GROUP: Wood Group WG.L  posted a fall in profit for the first half of the year, citing uncertainty stemming from an independent review, delays in publishing its 2024 audited accounts and a weakening financial position.

* COMMODITIES: Oil prices eased , as a stronger dollar and weak China data capped gains, London copper slipped as the U.S. dollar firmed and Gold prices fell , as the dollar firmed on uncertainty over further Federal Reserve rate cuts.

* 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))

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