UK Stocks-Factors to watch on Jan. 19

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Jan. 19
Credit: © Reuters.

Jan 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 45 points higher at 6,766 on Tuesday, according to financial bookmakers.

* RIO TINTO: Rio Tinto (LON: RIO ) RIO.AX on Tuesday reported a 2.4% rise in fourth-quarter iron ore shipments, helped by industrial activity in top consumer China which had returned to pre-pandemic levels. ECONOMY: The number of shoppers heading out to retail destinations across Britain fell by 10.9% in the week to Jan. 16, versus the previous week. OIL: Brent crude futures edged up on Tuesday as optimism that government stimulus will buoy global economic growth and oil demand trumped concerns that renewed COVID-19 pandemic lockdowns globally could cool fuel consumption. GOLD: Gold prices rose on Tuesday, off a 1-1/2-month low hit in the previous session, as the dollar slipped and hopes for further global stimulus underpinned the safe-haven metal. The blue-chip FTSE 100 index .FTSE slipped 0.2% in listless trading across Europe on Monday, weighed down by falls in energy and travel stocks, while tighter restrictions on businesses led to concerns about the near-term impact on the economy. UK CORPORATE DIARY: U and I Group PLC


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