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UK Stocks-Factors to watch on Jan 26

Published 26/01/2021, 07:35
Updated 26/01/2021, 07:36
© Reuters.

© Reuters.

Jan 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 8 points
higher at 6,647 on Tuesday, according to financial bookmakers.

* Indivior: Indivior INDV.L said on Monday former parent Reckitt Benckiser
RB.L would withdraw a $1.4 billion claim against the company and it would pay
the Dettol-maker $50 million to end a legal battle related to a U.S. probe into
opioid addiction. * ASTRAZENECA: AstraZeneca AZN.L denied on Monday its COVID-19 vaccine is
not very effective for people over 65, after German media reports said officials
fear the vaccine may not be approved in the European Union for use in the
elderly. * COVID-19: Britain will announce enforced quarantine for arrivals in the
UK, broadcaster ITV reported, after Prime Minister Boris Johnson said that new
coronavirus variants were prompting a review of border policy. * GOLD: Gold inched higher as expectations that a large U.S. stimulus
package would be passed eventually boosted the metal's appeal as a hedge against
inflation. * OIL: Oil prices fell as fading hopes for a rapid approval of new U.S.
economic stimulus and mounting new coronavirus cases raised questions over the
pace of any recovery in demand. * The UK blue-chip index .FTSE closed 0.8% lower on Monday with travel
stocks leading the declines, as rising coronavirus infections and extended
lockdowns raised worries of prolonged economic pain, while fashion retailers
Boohoo and ASOS gained on merger deals. * UK CORPORATE DIARY:
PZ Cussons Plc PZC.L HY results
Saga Plc SAGA.L Trading Statement
Petropavlovsk Plc POG.L Trading Statement
Crest Nicholson Holdings Plc CRST.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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