UK Factors to watch on 28 Dec 2016
Wed Dec 28 2016
Eric Whitman (223 articles)

UK Factors to watch on 28 Dec 2016

Britain’s FTSE 100 index is seen opening 0.07 percent higher on Wednesday after a four-day Christmas break, according to financial bookmakers.

* The UK blue chip index closed 0.1 percent higher on Friday at 7,068.17 points.

* OIL: Oil prices edged down on Wednesday in quiet early Asian trading as the market waits to see how OPEC and non-OPEC members carry through on planned supply cuts in the new year.

* BP PLC: Australia’s top grocer Woolworths Ltd said on Wednesday it will sell its chain of petrol stations to BP plc for A$ 1.8 billion ($ 1.3 billion), the latest disposal in a bid to return the company’s focus to its core supermarket business.

Eric Whitman

Eric Whitman

Eric Whitman is our Senior Correspondent who has been reporting on Stock Market for last 5+ years. He handles news for UK and Europe. He is based in London

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