UK Stocks-Factors to watch on Oct 31
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On October 31, the FTSE 100 index is expected to open lower, with futures down 0.22%. TT Electronics rejected three takeover bids from DBAY Advisors. Princes Group plans to float at a valuation of £1.16 billion. Shell will sign an agreement with Angola’s ANPG for oil exploration. BP restocked fuel supplies in Indonesia. British house prices rose in October, exceeding forecasts. Wood Group reported a profit decline due to uncertainty. Oil prices eased amid a stronger dollar and weak data from China.
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