😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

UK Stocks-Factors to watch on Jan 16

Published 2018/01/16, 07:09
Updated 2018/01/16, 07:10
© Reuters.  UK Stocks-Factors to watch on Jan 16
UK100
-
C
-
SHEL
-
RIO
-
JMAT
-
GKN
-
MRON
-
CLLN
-
RIO
-
LCO
-
DNLM
-
JD
-
OPHR
-
TIME
-
K3C
-

Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 8 points on Tuesday, according to financial bookmakers.

* RIO TINTO: Global miner Rio Tinto RIO.AX RIO.L said on Tuesday it could ship up to an additional 10 million tonnes of iron ore in 2018 worth $780 million at today's prices after reporting a 1 percent rise in 2017 shipments. CITIGROUP: Citigroup Inc (NYSE:C) C.N will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday. GKN: GKN GKN.L faces pressure to open takeover talks with suitor Melrose Industries MRON.L from U.S. activist investor Elliott, which disclosed a stake in the British engineering company just days after it rejected a 7 billion pound ($9.66 billion) bid. SHELL: Royal Dutch Shell RDSa.L agreed on Monday to acquire a stake in a U.S. solar company, 12 years after exiting the sector, in the latest in a series of deals to grow beyond its core oil and gas business. BRITAIN BOE: The Bank of England probably has "ample time" before it needs to consider raising interest rates again after its first hike in more than a decade in November, BoE policymaker Silvana Tenreyro said on Monday. SHELL: Royal Dutch Shell RDSa.L gave the green light on Monday for an expansion of the Penguins oil and gas field in the UK North Sea, its first major new project in the ageing basin in six years. CARILLION: Carillion CLLN.L collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to roadworks. OIL: Brent crude prices were on Tuesday settling in around $70 per barrel, levels last seen before the start of an oil market slump in late 2014. GOLD: Gold prices edged higher on Tuesday to hold just below a four-month high touched in the previous session, supported by a weaker U.S. dollar languishing near three-year lows. The UK blue chip index closed 0.12 percent lower at 7,769.14 on Monday as investors counted the cost of construction group Carillion's collapse, including supply chain disruption and higher costs for its joint venture partners such as Balfour Beatty and Galliford Try. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

1pm PLC

OPM.L

Half Year 2018 Earnings Release K3 Capital Group PLC

K3C.L

Half Year 2018 Earnings Release Johnson Matthey PLC

JMAT.L

Q2 2018 Trading Statement Release JD Sports Fashion PLC

JD.L

Christmas Trading Statement Release Dunelm Group PLC

DNLM.L

Q2 2018 Trading Statement Release Ophir Energy PLC

OPHR.L

Trading Statement Release

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

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.