UK Stocks-Factors to watch on June 12

By Reuters / June 13, 2018 / in.investing.com / Article Link

June 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 10 points at 7,747 on Tuesday, according to financial bookmakers.

* BHP: Unionized workers at BHP's BLT.L BHP.AX Spence copper mine in northern Chile agreed on Monday to a new collective labor contract, the company and the union said. RANGER DIRECT: Two large investors in Ranger Direct Lending Fund RDL.L , Oaktree Capital Management OAK.N and LIM Advisors, said they would continue a push to elect their board nominees at the closed-end fund that announced it was winding itself down. WPP: More than a quarter of investors at WPP WPP.L have cast votes against a pay report to be discussed at Wednesday's annual general meeting, angered by benefits for former chief executive Martin Sorrell, according to Sky News reporter Mark Kleinman. IMF: International Monetary Fund chief Christine Lagarde led an attack by global economic organisations on U.S. President Donald Trump's "America First" trade policy on Monday, warning that clouds over the global economy "are getting darker by the day". VEDANTA: Vedanta Resources VED.L plans to double finished copper production at Zambia's Konkola Copper Mines (KCM) to 200,000 tonnes this year, the CEO of its Zambian unit said. OIL: Oil markets were stable on Tuesday amid cautious optimism over the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore. GOLD: Gold prices eased on Tuesday as the dollar strengthened amid encouraging signs from a historic U.S.-North Korea summit and a likely interest rate hike by the U.S. Federal Reserve, limiting demand for the yellow metal. The UK blue chip index closed 0.7 percent higher at 7,737.43 on Monday, helped by gains in big international companies such as British American Tobacco BATS.L and Diageo DGE.L . For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Ted Baker Plc

TED.L

Trading Update CML Microsystems Plc

CML.L

Full Year 2018 Results Bellway PLC

BWY.L

Trading Statement Halma PLC

HLMA.L Full Year 2018 Results British American Tobacco PLC BATS.L Half Year 2018 Trading Update

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