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UK Stocks-Factors to watch on Feb. 12

Published 12/02/2020, 06:47
Updated 12/02/2020, 06:54
© Reuters.  UK Stocks-Factors to watch on Feb. 12
UK100
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RR
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DNLM
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ARBB
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PLUSP
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Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13

points higher on Wednesday, according to financial bookmakers.

* ROLLS-ROYCE: Rolls-Royce RR.L is "open-minded" on whether it will join

Boeing BA.N in a fresh attempt at addressing the mid=size jet market after

pulling out of an earlier effort over timing, a top company official said.

* INSURANCE SECTOR: Complaints about loan insurance ballooned in the final

quarter of 2019, spurred on by British regulators setting an end of August

deadline for compensation claims, the Financial Ombudsman Service said.

* OFGEM: British energy companies will from May 1 be forced to pay automatic

compensation to customers facing problems when switching supplier, regulator

Ofgem said. * BOE: Bank of England Governor Mark Carney gave his backing for government

borrowing to fund infrastructure investment on Tuesday, shortly after Prime

Minister Boris Johnson approved a major new rail link between London and

northern England. * GOLD: Gold was little changed, as equities rose after the number of new

coronavirus cases fell, while uncertainty over the economic impact of the

outbreak underpinned bullion. * OIL: Oil prices climbed as China reported its lowest daily number of new

coronavirus cases since late January, stoking investor hopes that fuel demand in

the world's second-largest oil consumer may begin to recover from the epidemic.

* UK shares rebounded on Tuesday from two sessions of losses after China's

senior medical adviser suggested the coronavirus epidemic may be over by April

and U.S. Federal Reserve chief Jerome Powell touted resilience in the American

economy. UK CORPORATE DIARY:

Dunelm DNLM.L HY Results

Plus500 PLUSP.L FY Results

Arbuthnot ARBB.L Trading update

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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