UK Stocks-Factors to watch on Wednesday Oct. 29

miércoles 29 de octubre de 2014 02:58 GYT
 

EDINBURGH Oct 29 (Reuters) - Britain's FTSE 100 index is seen opening up 23 points, or 0.4 percent higher on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The blue-chip FTSE 100 index closed up by 0.6 percent, or 38.71 points, at 6,402.17 points. Mining companies such as Glencore, BHP Billiton and Rio Tinto added the most points to the FTSE after the price of copper neared a two-week high.

* The U.S. Federal Reserve on Wednesday is expected to shutter its bond-buying program, closing one controversial chapter in its crisis response even as it struggles to manage a full return to normal monetary policy.

* BP - Oil majors BP and Statoil said the U.S. Federal Trade Commission (FTC) was closing a probe into anticompetitive practices in oil price reporting, while a European Union investigation continued.

* ROYAL DUTCH SHELL - Shell Midstream Partners LP IPO-SHLX.N, a master limited partnership formed by Royal Dutch Shell Plc, priced its enlarged initial public offering of 40 million units at $23 per unit, above its expected price range of $19-$21 per unit.   Continuación...