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British stocks unchanged ahead of Brexit vote; Shell dips

Published 20/12/2019, 09:30
© Reuters.  British stocks unchanged ahead of Brexit vote; Shell dips
UK100
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SHEL
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FTMC
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

* FTSE 100, FTSE 250 flat

* Brexit deal vote on agenda

* Shell lower after Q4 update

Dec 20 (Reuters) - UK shares held steady on Friday as

trading began to wind down ahead of Christmas and investors

awaited a parliamentary vote on the Brexit deal, while Shell

dipped after it forecast $2.3 billion in impairment charges for

its latest quarter.

The FTSE 100 .FTSE and the FTSE 250 .FTMC were roughly

flat by 0810 GMT. With major events such as a 'phase one'

U.S.-China trade deal and the British election done, the vote on

Prime Minister Boris Johnson's divorce deal is set to take

centre stage.

With a clear majority in parliament, the deal - which now

includes a provision for a hard, December 2020 deadline to reach

a trade agreement with the European Union - is expected to be

ratified without any major hiccups.

Shell RDSa.L gave up 1%, the most notable move in early

deals, as the oil major also trimmed its forecast for quarterly

oil production sales.

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