UK Stocks-Factors to watch on Dec. 2

By Reuters / December 02, 2016 / in.investing.com / Article Link

Dec 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 48 points at 6,704 on Friday, according to financial bookmakers.

* The UK blue chip index closed down 0.5 percent on Thursday at 6,752.93, pulled down by more evidence of the weak pound damaging consumer goods companies and by some stocks trading without rights to their latest dividend payouts. TALKTALK: A cyber attack on Britain's Talktalk Telecom Group Plc TALK.L broadband affected "a small number of customer routers" on Thursday, the company said in a statement on Thursday. BP: Oil major BP BP.L has approved a $9-billion investment in its Mad Dog project in the Gulf of Mexico, its first major new platform in the region since a 2010 explosion at its Macondo well led to the worst offshore disaster in U.S. history. BHP BILLITON: Vale SA VALE5.SA , the world's top iron ore producer, said a judge was soon to ratify a settlement with the Brazilian government regarding its Samarco iron ore joint venture with BHP Billiton BLT.L . LIDL: Discount supermarket Lidl LIDUK.UL plans to spend 70 million pounds ($89 million) building a new distribution centre in Britain next year, it said on Friday, showing its appetite for investment has not been diminished by the Brexit vote. STANDARD CHARTERED: Singapore's central bank said on Friday it imposed penalties on the local units of Standard Chartered Bank STAN.L and Coutts for money laundering breaches related to Malaysia's scandal-tainted 1MDB fund. BREXIT: Britain would consider making payments to the European Union after it leaves to achieve the best possible access for businesses to the bloc's markets, Brexit minister David Davis said on Thursday. COPPER: Copper eased on Friday as traders unwound speculative positions on doubts that the post U.S. election rally has much further to run, although losses were kept in check by firmer oil prices and signs of global industrial growth. OIL: Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this week's OPEC-Russia accord on cutting output giving way to questions on the "sticking point" of implementing the deal. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY Berkeley Group Holdings PLC

BKGH.L

Half Year 2016 Earnings

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