UK Stocks-Factors to watch on Nov 18

Reuters11-18
UK Stocks-Factors to watch on Nov 18 

Nov 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 1.17%.

* RIO TINTO: Anglo-Australian miner Rio Tinto RIO.L, RIO.AX will cut output at its Yarwun alumina refinery in Queensland by 40% from next October to extend the plant's life, the company said on Tuesday.

* BP: BP BP.L was responding to a release of refined products on the Olympic Pipeline System east of Everett, Washington, and had partially restored part of the system, the company said on Monday.

* WPP: The chief executive of France's Havas HAVAS.AS has denied being in talks with WPP WPP.L about a potential investment in the British ad firm, Bloomberg News reported on Monday.

* OIL: Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian flows.

* COPPER: Copper extended fall on Tuesday, pressured by a stronger dollar as policymakers at the U.S. Federal Reserve remained divided on a December interest rate cut, with the delayed September payrolls data in focus.

* GOLD: Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month.

* FTSE 100: London stocks closed lower on Monday, with financials leading the decline as investors braced for a data-heavy week, while modest gains in healthcare and utilities stocks provided limited support to the market.

* UK CORPORATE DIARY:

Imperial Brands

IMB.L

FY results

Crest Nicholson

CRST.L

Trading update

Intermediate Capital Group

ICGIN.L

HY results

Diploma

DPLM.L

FY results

FirstGroup

FGP.L

HY results

Greencore

GNC.L

FY results

* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS> Financial Times PRESS/FT> Other business headlines PRESS/GB

(Compiled by Tuhina in Bengaluru)

((tuhina@thomsonreuters.com))

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