August 17, 2018 / 5:28 AM / 3 months ago

UK Stocks-Factors to watch on Aug 17

    Aug 17 (Reuters) - Britain's FTSE 100         index is seen opening 2 points
lower at 7,554 on Friday, according to financial bookmakers. 
    
    * HOUSE OF FRASER: House of Fraser, which is owned by Sports Direct
International Plc        , is cancelling all online orders and refunding
thousands of customers potentially millions of pounds, after a dispute with its
warehouse operator held up deliveries, The Guardian reported. bit.ly/2PgxgSv
    * OFGEM: British energy regulator Ofgem said on Thursday it would publish
draft details on how the rules of an energy price cap will work in early
September, as well as an indication of where the price cap could be set.
            
    * The UK blue chip index closed up 0.8 percent at 7,556.38 points on
Thursday, led by a strong rise in beaten-down mining stocks as news of fresh
U.S.-China trade talks lifted sentiment across markets and sectors.             
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

    TODAY'S UK PAPERS
    > Financial Times                                
    > Other business headlines                       
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 * For Top News : topnews.reuters.com

 (Reporting by Justin George Varghese)
  
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