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UK Stocks-Factors to watch on Feb. 17

Published 17/02/2021, 07:18
Updated 17/02/2021, 07:24
© Reuters.

Feb 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points
higher at 6,751 on Wednesday, according to financial bookmakers.

* BP: BP BP.L is launching its first share award scheme to rally its more
than 60,000 employees around CEO Bernard Looney's plan to shift to renewable
energy following a bruising year of mass layoffs, bonus suspensions and spending
cuts. * HARGREAVES LANSDOWN: Peter Hargreaves , the largest shareholder and
co-founder of Hargreaves Lansdown HRGV.L , plans to sell shares worth about 300
million pounds in the British fund supermarket, a joint bookrunner said on
Tuesday. * GOLD: Gold prices extended losses for a fifth straight session, slipping
to near two-week lows as soaring U.S. Treasury yields and a firmer dollar dented
the bullion's appeal. * OIL: Bullish oil prices marked time as support from supply disruptions in
the U.S. south caused by an Arctic blast was offset by expectations that OPEC+
producers may ease their output curbs after April. * The UK blue-chip index .FTSE closed 0.1% lower on Tuesday after
investors took a breather after three consecutive sessions of gains, while bets
on a vaccine-led economic recovery and a jump in mining stocks helped support
the commodity -heavy index. UK CORPORATE DIARY:
British American Tobacco Plc BATS.L FY results
Plus500 Ltd PLUSP.L FY results

* For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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