UK Stocks-Factors to watch on Feb. 14

Published 14/02/2020, 06:37
Updated 14/02/2020, 06:45
© Reuters.  UK Stocks-Factors to watch on Feb. 14

Feb 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10

points higher on Friday, according to financial bookmakers.

* VODAFONE: Vodafone VOD.L and Telecom Italia TLIT.MI will have to offer

concessions if they want to win European Union antitrust approval for their plan

to merge their mobile tower infrastructure, people familiar with the matter said

on Thursday. * 5G: British network Three is rolling out 5G mobile to major cities

including London, Glasgow and Birmingham from the end of the month, joining its

larger rivals in offering next-generation services on new 5G-enabled handsets.

* METALS: Copper prices on the London Metal Exchange (LME) fell, as the

rising death toll from the coronavirus in China dented the demand outlook for

the metal. * OIL: Oil prices were steady on Friday, but set for their first weekly gain

in six weeks on the assumption that major producers will implement deeper output

cuts to offset slowing demand in China caused by the coronavirus epidemic.

* GOLD: Gold eased from an over one-week peak as risk sentiment improved on

hopes of global measures to soften the impact of the coronavirus outbreak, but a

surge in new cases capped bullion's losses and kept it on track for a weekly

gain. * London's blue-chip index fell on Thursday after two successive days of

gains, dragged down by exporters which were hurt by a stronger pound as

investors positioned for a higher-spending budget next month under a new British

finance minister. UK CORPORATE DIARY:

Segro SGRO.L FY Results

AstraZeneca AZN.L FY Results

RBS RBS.L FY Results

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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