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UK Stocks-Factors to watch on Feb. 22

Published 02/22/2021, 02:26 PM
Updated 02/22/2021, 02:30 PM
© Reuters.
UK100
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CNE
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DPH
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Feb 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 34
points lower at 6,590 on Monday, according to financial bookmakers.

* CAIRN ENERGY: Cairn Energy Plc CNE.L said on Sunday it had discussed
multiple proposals with Indian government officials in recent days in an attempt
to find a "swift solution" to a long drawn-out tax dispute with the South Asian
nation. * ECONOMY: British businesses have the strongest hiring intentions in a year
and fewer are planning to make redundancies as the economic outlook has
brightened over the past three months, a human resources industry body
said. * GOLD: Gold prices inched higher after hitting a more than seven-month low
in the previous session, as support from a weaker dollar eclipsed pressure from
firmer Treasury yields. * OIL: Oil prices rose as the slow return of U.S. crude output cut by frigid
conditions raised concerns about supply, just as demand recovers from the depths
of the coronavirus pandemic. * The UK blue-chip index .FTSE closed 0.1% higher on Friday after the
economy showed signs of improvement this month and was set to gain for the third
consecutive week as investors bet that vaccine rollouts would spur economic
growth. UK CORPORATE DIARY:
Dechra Pharmaceuticals Plc DPH.L HY results

* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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