Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

UK Stocks-Factors to watch on Feb. 8

Published 02/08/2021, 02:43 PM
Updated 02/08/2021, 02:50 PM
© Reuters.

Feb 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 54 points
higher at 6,543 on Monday, according to financial bookmakers.

* RIO TINTO: Mongolia's government is seeking an agreement from Rio Tinto
RIO.L , RIO.AX to terminate a deal to expand the Oyu Tolgoi copper mine in
the Gobi Desert, the Financial Times said. * ASTRAZENECA: South Africa will put on hold use of AstraZeneca (NASDAQ:AZN)'s AZN.L
COVID-19 shot in its vaccination programme, after data showed it gave minimal
protection against mild-to-moderate infection caused by the country's dominant
coronavirus variant. * ROLLS ROYCE: Rolls-Royce RR.L said it is proposing a two-week
operational shutdown of its civil aerospace unit over the summer. * G4S: G4S GFS.L will hold talks with the City's takeover panel, the
Telegraph reported on Saturday, which could lead to a head-to-head auction
between GardaWorld and Allied Universal for the company's buyout. * HIPGNOSIS SONGS FUND: Hipgnosis Songs Fund SONG.L said on Friday it had
raised 75 million pounds through a share sale, as the investment firm seeks to
cash in on the explosion of online music streaming during the COVID-19 pandemic.
* COVID-19: Britain plans to tax retailers and tech companies whose profits
have soared during the COVID-19 pandemic, the Sunday Times reported.
* GOLD: Gold prices edged higher as softer U.S. jobs data cemented hopes of
further fiscal stimulus and pressured the dollar. * OIL: Oil prices rose with Brent futures nudging past $60 a barrel, boosted
by supply cuts among key producers and hopes for further U.S. economic stimulus
measures to boost demand. * The UK mid-cap index .FTMC closed 1.2% higher on Friday as power
equipment supplier Aggreko Plc AGGK.L soared following a buyout proposal and
faster vaccine rollouts supported hopes for a brisk economic revival.
UK CORPORATE DIARY:
Electrocomponents Plc ECM.L Trading update
Inland Homes Plc ILND.L FY results

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

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

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.