UK Stocks-Factors to watch on Monday March 16

lunes 16 de marzo de 2015 02:53 GYT

LONDON, March 16 (Reuters) - Britain's FTSE 100 index is seen
opening up 26 points, or 0.4 percent higher on Monday, according to financial
bookmakers. For more on the factors affecting European stocks, please click on
    * The blue-chip FTSE 100 index closed down 0.3 percent at 6,740.58
points on Friday, extending a pull-back since hitting a record high of 6,974.26
on March 2, hit by a fall in utilities. The index declined 2.5 percent over the
course of the week. 
    * FINANCIALS - British finance minister George Osborne offered a sweetener
to pensioners on Sunday, less than two months before a national election,
extending reforms announced last year to give pensioners the freedom to cash in
their annuities in exchange for lump sums. 
    * ROYAL DUTCH SHELL - Royal Dutch Shell is pulling back from its
shale projects in South Africa due to lower energy prices, its country manager
said on Monday. 
    * BP - Oil company BP has signed an agreement to invest $12 billion
in Egypt that will produce 3 billion barrels of oil equivalent, a joint
statement from the company and the government said on Saturday. 
    Also, the U.S. government is appealing a federal court ruling that reduced
the potential penalty BP Plc must pay for the 2010 Gulf of Mexico oil spill by
almost $4 billion. 
    * ANTOFAGASTA - Copper miner Antofagasta cannot guarantee that its
the embattled Los Pelambres mine in Chile will continue to operate, company
President Diego Hernandez said in an interview published by local newspaper La
Tercera on Sunday. 

    * UK CORPORATE DIARY:       
 Tribal Group PLC                Full Year 2014 Tribal
                                 Group PLC Earnings Release
    > Financial Times                      
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 (Reporting by Alistair Smout)