👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

UPDATE 1-UK Stocks-Factors to watch on Jan. 21

Published 21/01/2020, 08:46
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Jan. 21
UK100
-
BP
-
EZJ
-
BHP
-
BHPB
-
IGG
-
SGC
-
MERG
-
UK100
-
CURY
-
TALK
-
SAVES
-

(Adds futures, news items)

Jan 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 32

points lower at 7,619 on Tuesday, according to financial bookmakers, with

futures FFIc1 down 0.4% ahead of the cash market open.

* BP: Oil major BP Plc BP.L said its finance chief Brian Gilvary will be

retiring after eight years in the role, with the announcement coming just two

weeks before Bernard Looney takes over as chief executive officer. * EASYJET: British low-cost airline easyJet EZJ.L said its first-half

winter performance would improve from last year, helped by robust travel demand

and a slight easing of competition in the European short-haul flying market.

* MEARS: Britain's Mears Group Plc MERG.L said it was in advanced talks to

sell its England and Wales Domiciliary Care business units that would affect

about 1,500 jobs across 18 branches. * IG GROUP: British online trading platform IG Group Holdings IGG.L said

its first-half profit fell 10% as it struggled with stricter regulations in

Europe and Britain that curbed trading in certain products. * TALKTALK: British broadband supplier TalkTalk TALK.L said it had agreed

to sell its fibre network, which initially built ultra-fast connections in the

northern city of York, to Goldman Sachs-backed CityFibre for 200 million pounds

($260 million). * DIXONS CARPHONE: British retailer Dixons Carphone DC.L reported flat

overall underlying revenue over the key Christmas period, with sales growth in

electricals offset by falling mobile phone sales. * BHP: BHP Group BHP.AX , BHPB.L , the world's biggest miner, maintained

its forecasts for full-year iron ore and thermal coal output, despite production

of the latter being hit by the Australian bushfires. * STAGECOACH: British transport company Stagecoach SGC.L is taking the

government to court after it was excluded from bidding for rail contracts, in

the latest clash between a private company and the state in the troubled rail

franchising system. * SAVANNAH PETROLEUM: London-listed Savannah Petroleum SAVP.L told Reuters

on Monday it would consider oil and gas acquisitions in Nigeria

opportunistically, calling a purchase completed late last year the starting kit

for further expansion.

* OIL: Oil prices fell nearly one percent on Tuesday as investors expected

Libya's oil production to eventually resume following a force majeure declared

by the oil exporter on two major oilfields amid a military blockade.

* IRONORE: Steel futures in China slipped after four straight sessions of

gains on concerns over slowing housing demand and the potential economic fallout

from an outbreak of a new flu-like coronavirus in the country. * GOLD: Gold prices rose to a two-week high as the virus outbreak stoked

fears of a wider epidemic that could hamper economic growth, sparking a sudden

bout of risk aversion and sell-off in Asian stocks. * Recurring fears of a hard Brexit and bets that the Bank of England will

cut interest rates hit London's FTSE 100 on Monday, while premium tonic water

maker Fevertree endured its worst day ever. 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.