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UK Stocks-Factors to watch on Jan 16

Published 16/01/2020, 06:50
UK Stocks-Factors to watch on Jan 16
UK100
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Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 12

points at 7,631 on Thursday, according to financial bookmakers.

* LEKOIL: A consultancy firm that allegedly arranged a fraudulent $184

million loan announced by Nigerian oil company Lekoil Ltd LEK.L said on

Wednesday that it welcomed an investigation into the matter. * GOLD: Gold prices held steady after the United States and China signed a

preliminary trade deal, as investors worried that a number of sore issues

remained unresolved between the world's two top economies. * OIL: Oil prices rose after the signing of the trade deal that sets the

stage for a surge in Chinese purchases of American energy products, while U.S.

crude inventories fell more than expected. * METAL: Copper prices fell on investor doubts that the U.S.-China deal

would improve metals demand. * EX-DIVS: Ashtead Group AHT.L , Compass Group CPG.L and SSE Plc SSE.L

will trade without entitlement to their latest dividend pay-out on Thursday,

trimming 2.8 points off the FTSE 100 according to Reuters calculations

* London's main share index rose slightly on Wednesday, hours before the

sealing of the U.S.-China trade deal, though sentiment was tempered when

Washington said tariffs on Chinese goods would not be rolled back immediately.

UK CORPORATE DIARY:

Whitbread WTB.L Trading Update

Hays HAYS.L Q2 Trading Update

Genel Energy GENL.L Trading & Operations Update

Wood Group WG.L Trading Update

N Brown BWNG.L Q3 Trading Update

Dechra Pharmaceuticals DPH.L Trading Update

Associated British Foods ABF.L Q1 Trading Update

Halfords HFD.L Q3 Trading Update

Rio Tinto RIO.L Q4 Operations Review

Workspace Group WKP.L Q3 Statement

Pearson Plc PSON.L Q4 Trading Statement

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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