🧠 Watchlist Winners: Copy Legendary Investors' Portfolios in One ClickCOPY FOR FREE

UK Stocks-Factors to watch on Jan 9

Published 2019/01/09, 07:37
Updated 2019/01/09, 07:40
© Reuters.  UK Stocks-Factors to watch on Jan 9
UK100
-
BP
-
DNO
-
TSCO
-
GSK
-
SRP
-
MERG
-
FPM
-
ICAG
-

Jan 9 - Britain's FTSE 100 .FTSE index is seen opening 75 points higher at 6,936 on Wednesday, according to financial bookmakers.

INTERNATIONAL CONSOLIDATED AIRLINES: Brussels has warned British Airways owner IAG ICAG.L that its favoured strategy to allow it to continue flying freely in and around Europe in the event of a no-deal Brexit will not work, the Financial Times reported on Tuesday.

FAROE PETROLEUM: Norwegian oil company DNO ASA DNO.OL said on Tuesday it raised its cash offer for Faroe Petroleum Plc FPM.L to 641.7 million pounds ($816.1 million), after the British firm rebuffed its acquisition offer earlier.

GLAXOSMITHKLINE: GlaxoSmithKline Plc GSK.L will actively look to buy early-stage assets and partner with companies, the drugmaker's chief executive officer said on Tuesday.

BP PLC: BP BP.L said it has discovered two new oilfields in the Gulf of Mexico and has identified an additional billion barrels of oil at an existing field thanks to new seismic technology. SERCO/

MEARS: Serco SRP.L and Mears MERG.L have won contracts totalling 2.9 billion pounds from the British government to provide accommodation and support for asylum seekers, lifting shares in both outsourcing firms.

GOLD: Gold prices held steady on Wednesday as a potential close to a months-long Sino-U.S. trade war lifted risk sentiment, countering expectations that the Fed would pause interest rate increases for this year.

OIL: Oil prices rose on Wednesday, extending gains from the previous session, on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown. The UK blue chip index closed 0.7 percent higher at 6861.60 on Tuesday, amid hopes of a U.S.-China trade deal and as supermarket chain Tesco (LON:TSCO) led a revival in retailers after upbeat sales data that helped offset Morrisons' disappointing holiday update.

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.