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UK Stocks-Factors to watch on Feb. 2

Published 02/02/2021, 02:45 PM
Updated 02/02/2021, 02:50 PM
© Reuters.
UK100
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BP
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SSE
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GEMD
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MARS
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VMUK
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Feb 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 47 points
higher at 6,514 on Tuesday, according to financial bookmakers.

* MARSTON'S: Marston's MARS.L rejected a 666 million pound ($910 million)
takeover proposal from Platinum Equity Advisors on Monday, saying it
significantly undervalued the British pub operator. * OCADO: Ocado Zoom, the rapid grocery delivery service owned by British
online grocer Ocado Retail, has launched a trial of electric, electric assisted
and pedal-powered vehicles as part of a target to become net zero carbon
emissions by 2035, it said. * FINANCE: The European Union should open up to the City of London financial
hub given that Britain's financial rules are identical to those in the bloc, a
UK industry body said on Monday. * SILVER: Silver dropped more than 2%, retreating from a near eight-year
peak it hit in the previous session, as a margin hike by the Chicago Mercantile
Exchange prompted investors to lock in profits. * OIL: Oil prices rose around 1% after major producers showed they were
cutting crude output in line with their commitments on restraint, supporting a
market thrown out of kilter by weak demand during the coronavirus
pandemic. * The UK blue-chip index .FTSE closed 0.9% higher on Monday led by gains
in mining stocks as silver became the latest target of a retail investor trading
frenzy, while fashion retailer ASOS gained on a deal to buy rival brands and JD
Sports surged following its second acquisition in the United States. UK CORPORATE DIARY:
BP Plc BP.L Q4 results
Gem Diamonds Ltd GEMD.L Trading Statement
SSE Plc SSE.L Trading Statement
Virgin Money UK Plc VMUK.L Trading Statement

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* 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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