UPDATE 1-UK Stocks-Factors to watch on Feb. 18

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Feb. 18
Credit: © Reuters.

(Adds company news items, futures)

Feb 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening two points higher at 6,713 on Thursday, according to financial bookmakers, with futures down 0.12% ahead of cash market open.

* BARCLAYS: Barclays BARC.L has resumed shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting expectations other British lenders will follow suit when they report full year earnings in the next few days. HOCHSCHILD MINING: Hochschild Mining HOCM.L posted a 21% drop in full-year core earnings as a run of pandemic-driven production roadblocks wiped out the boost from higher gold prices. SMITH+NEPHEW: Smith+Nephew SN.L warned the impact of the COVID-19 pandemic is likely to continue into the first half of 2021 and that it was uncertain on the timing of recovery. HAYS: Hays HAYS.L said it had identified 150 million pounds of surplus capital that it planned to return to shareholders as special dividends. INDIVIOR: Indivior INDV.L predicted 2021 revenue would slip on a difficult first-half after reporting an 18% fall in annual sales. MOONPIG: Moonpig MOONM.L said it expects full-year revenue to almost double, helped by robust demand for its services during the COVID-19 pandemic. GOLD: Gold prices clawed back from the previous session's 2-1/2-month low, as a retreat in U.S. Treasury yields lifted the non-yielding bullion's appeal. OIL: Oil prices rallied again to hit 13-month highs as concerns that a rare cold snap in Texas could disrupt U.S. crude output for days or even weeks prompted fresh buying. The UK blue-chip index .FTSE closed 0.6% lower on Wednesday as a third national lockdown affected demand for new goods leading inflation to pick up a little more than expected in January. For more on the factors affecting European stocks, please click on: LIVE/


> Financial Times


> Other business headlines


Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or