UK Stocks-Factors to watch on Nov 5
Nov 5 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.16%.
* SHEIN: Sales by Shein's Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hitting 7.684 billion euros, according to annual results published.
* CONSUMER SPENDING: British consumer spending grew only modestly last month as uncertainty in the run-up to finance minister Rachel Reeves' Oct. 30 budget and rising energy bills deterred shoppers, a survey showed.
* TOBACCO: The British government plans to ban smoking outside schools, hospitals and playgrounds as a way of reducing the pressure on the state-run National Health Service and the cost to taxpayers.
* SHELL: Shell SHEL.L said it is moving non-essential personnel from its Appomattox, Vito, Ursa, Mars, Auger, & Enchilada/Salsa assets to shore due to disturbance in the Gulf of Mexico.
* OIL: Oil prices traded in a narrow range ahead of what is expected to be an exceptionally close U.S. presidential election, after rising more than 2% in the previous session as OPEC+ delayed plans to hike production in December.
* METALS: Copper prices edged higher while traders awaited more stimulus cues from top consumer China as well as the outcome of the U.S. presidential election.
* FTSE: The UK's benchmark FTSE 100 rose marginally on Monday, helped by energy shares, while cautious investors braced for the U.S. presidential election and a potential interest rate cut by the Bank of England later this week.
* UK CORPORATE DIARY:
Associated British Foods | ABF.L | FY results |
ASOS | ASOS.L | FY results |
Schroders | SDR.L | Q1 Trading update |
TP ICAP | TCAPI.L | Q3 Trading update |
Smiths News | SNWS.L | FY results |
IWG | IWG.L | Q3 Trading update |
Weir | WEIR.L | Q1 Trading update |
Coca-Cola Europacific | CCEPC.L | Q3 Trading update |
TI Fluid Systems | TIFS.L | Q3 Trading update |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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Reporting by Prerna Bedi in Bengaluru
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