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UK Stocks-Factors to watch on Feb. 5

Published 05/02/2021, 07:52
Updated 05/02/2021, 07:54
© Reuters.

Feb 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 3 points
lower at 6,501 on Friday, according to financial bookmakers.

* RIO TINTO: Global miner Rio Tinto Ltd RIO.AX said it should have better
communicated to an Australian Aboriginal group whose ancient rockshelters it
destroyed of a leadership change that affected efforts to mend their
relationship. * ROYAL DUTCH SHELL: Royal Dutch Shell Plc RDSa.L completed restarting the
gasoline-producing fluidic catalytic cracker (FCC) at its 227,400 barrel-per-day
(bpd) Norco, Louisiana, refinery on Thursday, said sources familiar with plant
operations. * COVID-19: Britain's hotel quarantine policy for travellers arriving from
COVID-19 hot spots will start on Feb. 15, the government announced on Thursday
after critics said it was not moving fast enough to bring in the
measures. * BANK OF ENGLAND: The Bank of England gave British lenders at least six
months' breathing space on Thursday before negative interest rates are a
possibility, focusing instead on the prospects for a post-lockdown rebound in a
quarterly update on the economy. * GOLD: Gold inched up, recovering from a more than two-month low hit in the
previous session, but the precious metal was set for its biggest weekly drop
since end-November pressured by a firmer dollar. * OIL: Oil prices climbed to their highest levels in a year, extending a run
of strong gains on signs of economic growth in the United States and a continued
commitment by producers to hold back crude supply. * The UK blue-chip index .FTSE closed 0.1% lower on Thursday, dragged down
by Unilever Plc ULVR.L and Royal Dutch Shell RDSa.L over disappointing sales
goals and a slump in profit. UK CORPORATE DIARY:
Beazley Plc BEZG.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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