December 30, 2013 / 7:30 AM / 4 years ago

UPDATE 1-UK Stocks-Factors to watch on Dec. 30

LONDON, Dec 30 (Reuters) - Britain’s FTSE 100 index is seen opening flat on Monday according to financial bookmakers, with futures steady ahead of the cash market open.

* The UK blue chip index closed up by 0.9 percent, or 56.70 points, at 6,750.87 points on Friday.

* Copper edged lower on Monday as the market took a breather after hitting its highest since mid-August in the previous session, fuelled by signs of global economic recovery and hopes of improving Chinese demand.

* Brent oil held steady above $112 per barrel on Monday, supported by continued unrest in oil-producing African nations.

* LLOYDS : The British government could sell off all of its 18.4 billion pound ($30.35 billion) stake in Lloyds in 2014, the Daily Telegraph reported, citing unnamed sources.

* MAX PETROLEUM : The oil company announced successful drilling results at the Sagiz West appraisal well.

* FAROE PETROLEUM : The oil company announced the spudding of its Butch East exploration well.

* CAPITAL & REGIONAL : The property group said it had increased its stake in The Mall Shopping Centre Fund.


> Financial Times

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