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UK Stocks-Factors to watch on Nov 11

Published 11/11/2020, 06:15
Updated 11/11/2020, 06:18
© Reuters.
UK100
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SHEL
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Nov 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points
higher at 6,603 on Wednesday, according to financial bookmakers.

* SHELL: Royal Dutch Shell RDSa.L will halve crude processing capacity and
cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to
reduce its carbon emissions. * BREXIT: U.S. President-elect Joe Biden stressed the importance of
protecting Northern Ireland's peace deal in the Brexit process when he called UK
Prime Minister Boris Johnson on Tuesday, hinting at potential tensions over
Britain's EU exit even as the pair emphasised common ground in other areas.
* UK REGULATOR: Britain will intervene to block takeovers and corporate
deals that threaten national security, publishing details of new laws covering
potentially sensitive sectors such as defence and energy, the government
said. * COVID-19: Almost two-thirds of people in Britain say they would get
vaccinated for COVID-19 but young people are far more likely to refuse a jab
than older people, according to a published opinion poll. * GOLD: Gold prices edged higher, supported by a softer dollar, while
concerns about surging COVID-19 cases in the United States and logistical
challenges over the mass roll-out of a potential vaccine further bolstered the
metal's appeal. * OIL: Oil prices climbed over 1%, after an industry report showed U.S.
crude inventories have fallen more than expected. * The UK blue-chip index .FTSE closed 1.8% higher on Tuesday as prospect
of an effective COVID-19 vaccine and optimism about a Brexit trade deal with
European Union electrified the mood. UK CORPORATE DIARY:
Renold Plc RNO.L HY earnings
Great Portland Estates GPOR.L HY earnings
Workspace Group WKP.L HY earnings
BAE Systems BAES.L Trading statement
Tullow Oil TLW.L Trading statement

* 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

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