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UK Stocks-Factors to watch on Feb. 4

Published 02/04/2020, 02:08 PM
Updated 02/04/2020, 02:24 PM
UK Stocks-Factors to watch on Feb. 4
UK100
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FRAS
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MUL
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WIZZ
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Feb 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42 points
higher on Tuesday, according to financial bookmakers.

* AVIATION: Britain's aviation industry has set out plans to reach a target
of net-zero carbon emissions by 2050, even with the building of a third runway
at Heathrow airport which is expected to drive up flight numbers. * FRASERS: Sportswear retailer Frasers FRAS.L , formerly Sports Direct , has
bought a 12.5% stake in handbag group Mulberry MUL.L pushing ahead with plans
to move upmarket into the luxury business. * WIZZ AIR: Wizz Air's WIZZ.L largest shareholder private equity firm
Indigo Partners plans to sell shares worth 500 million pounds ($650 million) via
an accelerated bookbuilding process, the bookrunner on the sale said on Monday.
* OIL: Oil prices rose, matching moves in other financial markets, as
investors regained calm after Monday's sharp sell-off on fears of the impact of
the China coronavirus on demand for fuel sent crude to its lowest level in more
than a year. * GOLD: Gold prices were little changed as a firm dollar countered concerns
about a rapidly spreading coronavirus outbreak in China and its economic
fallout. * London's main share index bounced back from a seven-week low on Monday, as
strong U.S. economic data kept in check worries about the coronavirus, but gains
for UK-focused midcaps were limited by concerns about the possibility of Britain
having no trade deal in place with the EU by the end of the year. UK CORPORATE DIARY:

Micro Focus MCRO.L FY Results
BP BP.L Q4 Results
Glencore GLEN.L FY Production
St. Modwen Properties SMP.L FY Results
Electrocomponents ECM.L Trading Update


TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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