December 17, 2018 / 6:09 AM / 7 months ago

UK Stocks-Factors to watch on Dec 17

    Dec 17 (Reuters) - Britain's FTSE 100 index is seen opening 3 points
lower at 6,842 on Monday, according to financial bookmakers. 
    * BP: BP in Trinidad and Tobago (bptt) gave the go-ahead to two new
gas developments, Cassia compression and Matapal, offshore Trinidad, it said on
    * MEARS GROUP: Activist investor Shareholder Value Management has called on
Mears Group to move swiftly to appoint a new chairman or it will call a
fresh extraordinary general meeting, a letter to the company seen by Reuters
    * SAINSBURY: A British court ruled on Friday that the country's competition
regulator treated Sainsbury's and takeover target Asda unfairly in not
allowing the supermarket groups more time to respond to evidence submitted as
part of a probe of their deal.
    * GLENCORE: A Glencore PLC-controlled mining company and some of its current
and former executives have agreed to pay more than $22 million to settle
Canadian allegations they hid the risks of doing business with an Israeli man
close to Congolese President Joseph Kabila, the Wall Street Journal reported on
    * GOLD: Gold prices inched down on Monday ahead of a U.S. Federal Reserve
meeting this week, pressured by a robust dollar as investors outside the United
States sought the safety of the greenback amid global growth concerns. 

    * OIL: Oil prices were largely steady on Monday after falling 2 percent in
the previous session, but remained under pressure amid weaker growth in major
economies and concerns about oversupply.
    * The UK blue chip index closed down 0.7 percent at 6845.17 on Friday,
energy stocks and Astrazeneca gained after SunTrust gave it a "buy"
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 APC Technology Group                      FY Earnings Release
 Byotrol Plc                               HY Earnings Release
    > Financial Times                     
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 (Reporting by Samantha Machado in Bengaluru)
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