UK Stocks-Factors to watch on Wednesday Oct. 29

miércoles 29 de octubre de 2014 03:25 GYT

(Updates with company news, futures)

EDINBURGH Oct 29 (Reuters) - Britain's FTSE 100 index is set to open higher on Wednesday, with futures rising 0.4 percent ahead of the cash market open. 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.

* NEXT - Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wears, sending an ominous sign to rivals ahead of the crucial Christmas season.