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UK Stocks-Factors to watch on Jan 13

Published 01/13/2021, 02:31 PM
Updated 01/13/2021, 02:40 PM
© Reuters.
UK100
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MRW
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RIO
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PSN
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PAGE
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HBR
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PHARP
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BYG
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ASOS
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RIO
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Jan 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11
points higher at 6,765 on Wednesday, according to financial bookmakers.

* RIO TINTO: Members of the San Carlos Apache tribe in Arizona said on
Tuesday they have sued the Trump administration to block a pending land swap
that would give Rio Tinto RIO.AX RIO.L the land it needs to build its
Resolution Copper project. * Morrisons: Morrisons MRW.L said it will become the first British
supermarket group to pay all its store staff at least 10 pounds ($13.62) an
hour. * Premier Oil: Premier Oil PMO.L shareholders on Tuesday voted in favour
of a reverse takeover of private equity-backed Chrysaor to create the British
North Sea's biggest oil and gas producer in which Premier shareholders will hold
about 5.5%. * GOLD: Gold edged higher as the U.S. dollar and Treasury yields pulled
back, and the prospect of massive U.S. fiscal stimulus boosted the metal's
appeal as an inflation hedge. * OIL: Oil prices gained more than 1% with U.S. crude rising for a seventh
day, after industry data showed a bigger than expected drop in inventories and
investors shrugged off worsening developments in the pandemic. * The UK blue-chip index .FTSE closed 0.7% lower on Tuesday as worries
about increasing cases of COVID-19 and its impact on the economy coupled with a
stronger pound overshadowed a set of upbeat earnings forecasts. UK CORPORATE DIARY:
Pagegroup Plc PAGE.L Q4 trading statement
Persimmon Plc PSN.L Trading statement
ASOS Plc ASOS.L Trading statement
Pharos Energy Plc PHARP.L Q3 trading and operations update
Big Yellow Group Plc BYG.L Q3 trading statement

* 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

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