November 10, 2016 / 6:47 AM / 2 years ago

UK Stocks-Factors to watch on Nov 10

Nov 10 (Reuters) - Britain's FTSE 100 index is seen opening 34 to 35
points higher, or up 0.5 percent on Thursday, according to financial bookmakers.
    * The UK blue chip index closed 1 percent higher after setting a one-week
high, boosted by mining companies and drugmakers, after a volatile Wednesday
that saw the index slumping 2 percent in early trading following Donald Trump's
victory in the U.S. presidential election. 
    * RIO TINTO: Top Rio Tinto  executives in 2011 approved a
$10.5 million payment to a consultant to smooth relations with the president of
Guinea as it struggled to secure land for a giant iron ore mine, emails made
public on Thursday showed.  
    * SHELL: Royal Dutch Shell shut down an Escravos crude oil flow
station in Nigeria's Niger Delta after villagers demanding aid staged a protest,
the firm and residents said on Wednesday. 
    * TATA STEEL UK: Tata Steel UK is looking at closing its defined
benefit pension scheme to future accruals and move members onto a defined
contribution pension instead, a union source said on Wednesday. 
    * ROLLS-ROYCE/L&G: Rolls-Royce Holdings Plc has signed an over 1
billion pound ($1.24 billion) with Legal & General Group Plc to offload
a chunk of its pension liabilities, Sky News reported.
    * UK HOUSE PRICES: British house prices rose last month at the fastest pace
since April as a shortage of new homes intensified, adding to tentative signs a
recent slowdown in the market is now easing, a survey showed on Thursday.
    * UK MINING: Mining companies led gains on London's FTSE bluechip index on
Wednesday as Republican Donald Trump's victory in the U.S. presidential election
spurred hopes for higher metal demand and drove investors to buy gold as a
shelter against economic uncertainty. 
    * BREXIT: New office space planned for Dublin over the next five years can
comfortably accommodate more than 100,000 extra workers and any companies
relocating as a result of Brexit, a survey from real estate group Savills
 published on Thursday, said. 
    * UK/CHINA: Britain will seek to rekindle its "Golden Era" of relations with
China on Thursday in talks with Chinese Vice Premier Ma Kai focused on trade,
infrastructure investment and closer financial cooperation. 
    * OIL: Oil prices dipped on Thursday, pulled down by rising U.S. crude
inventories and as markets tried to interpret U.S. President-elect Donald
Trump's surprise victory. 
    * EX-DIVS: BP Plc and Whitbread Plc as well as Royal Dutch
Shell A and Royal Dutch Shell B will trade without entitlement to their
latest dividend pay-out on Thursday, trimming 18.37 points off the FTSE 100,
according to Reuters calculations. 
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 National Grid PLC                        Half Year
 3i Group PLC                             Half Year
 Dairy Crest Group PLC                    Half Year 
 SuperGroup PLC                           Q1
 Auto Trader Group PLC                    Half Year
 IMI PLC                                  IMS
 Derwent London PLC                       Q3
 Halfords Group PLC                       Half Year
 Hikma Pharmaceuticals PLC                IMS
 UBM PLC                                  Trading Update
 AstraZeneca PLC                          Q3 
 ITV PLC                                  Q3 
 Vedanta Resources PLC                    IMS
 Beazley Plc                              Q3
 Wincanton Plc                            Half Year
 Bovis Homes Group Plc                    Trading Update
 Aldermore Group Plc                      Q3
    > Financial Times                      
    > Other business headlines             
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($1 = 0.8059 pounds)

 (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sherry
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