Get 40% Off
🔥 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

UK Stocks-Factors to watch on Feb. 20

Published 20/02/2020, 08:56
© Reuters.  UK Stocks-Factors to watch on Feb. 20

Feb 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27

points lower on Thursday, according to financial bookmakers, with futures

FFIc1 up slightly 0.1% ahead of the cash market open.

* SMITH+NEPHEW : British medical products maker Smith+Nephew SN.L forecast

another year of revenue growth after the company topped annual sales

expectations for 2019, helped by higher demand from emerging markets and growth

in its sports medicine unit. * LLOYDS BANKING: Britain's biggest domestic lender Lloyds Banking Group

LLOY.L reported a 27% drop in annual profit in 2019, as it paid out billions of

pounds to customers mis-sold insurance products and saw bad loans rise.

* BAE SYSTEMS: British defence company BAE Systems BAES.L met forecasts

with annual earnings growth of 7% and said work on F-35 fighter jets and its

Qatar Typhoon contract would help earnings to grow by a mid-single digit

percentage next year. * ANGLO AMERICAN: Global miner Anglo American AAL.L said its full-year

profits climbed 9% as higher prices for iron ore and precious metals outweighed

weakness in diamonds and coal. * STAFFLINE: Recruiter Staffline STAF.L said Chief Executive Officer Chris

Pullen has resigned from its board as a review of its balance sheet led to

another profit warning late last month. * HAYS: Recruiter Hays HAYS.L operating profit fell 19% on a reported

basis in the first half, in line with guidance from the company a month ago as

low business confidence and a struggling euro zone economy dented hiring in

Germany. * FRC: UK's financial watchdog said it would review how companies and

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

auditors assess and report the impact of climate change on their

businesses. * EX-DIVS: Carnival CCL.L , GlaxoSmithKline GSK.L , Imperial Brands

IMB.L and Unilever ULVR.L will trade without entitlement to their latest

dividend pay-out on Thursday, trimming 8.9 points off the FTSE 100 according to

Reuters calculations * GOLD: Gold prices dipped after China unveiled measures to soften the

economic impact of the coronavirus outbreak, but the metal held close to a

nearly seven-year peak scaled in the previous session as concerns over the

epidemic prevailed. GOL/

* OIL: Oil prices rose, extending gains from its previous session, as the

market shifted focus to supply disruptions, while demand concerns eased some

after a sharp drop in new coronavirus cases at the epicentre of the outbreak.

* London's FTSE 100 rebounded in tandem with global markets on Wednesday as

housebuilders advanced after HSBC upgraded its view on the stocks ahead of a

first batch of results next week, while the number of new coronavirus cases in

China fell. UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.