June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

UK Stocks-Factors to watch on Jan. 7

Published 01/07/2021, 02:28 PM
Updated 01/07/2021, 02:30 PM
© Reuters.
UK100
-
BP
-
MKS
-
CNA
-
MAB
-

Jan 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 45 points
higher at 6,886 on Thursday, according to financial bookmakers.

* BP: BP Plc BP.L has given the operator of a Caribbean refinery more time
to fully restart and retain its crude oil supply agreement after the plant
failed to hit operating targets last year. BP also paid almost $24.4 million to
the U.S. Treasury to cover allegations company traders manipulated natural gas
markets in 2008, but is still challenging the fine in
court. * MARKS & SPENCER: British retailer Marks & Spencer MKS.L said Britain's
withdrawal from European Union trade rules last week was responsible for
near-empty fresh-food aisles at some of its stores in Ireland on
Wednesday. * CENTRICA: The GMB union said on Wednesday its members at Centrica 's
CNA.L British Gas will start a five-day strike from 0001 GMT on
Thursday. * COVID-19: British Prime Minister Boris Johnson won parliament's backing
for England's latest lockdown on Wednesday after telling lawmakers that schools
would be the first to reopen when he can start a "gradual unwrapping" of the
strict measures. * GOLD: Gold prices edged lower as firmer Treasury yields eclipsed support
from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more
stimulus. * OIL: Oil prices rose as Saudi Arabia unilaterally agreed to cut output
over the next two months and as U.S. crude stockpiles fell. * The UK blue-chip index .FTSE closed 3.5% higher on Wednesday led by
banking and energy stocks as investors bet on more U.S. stimulus and crude oil
prices jumped after Saudi Arabia agreed to cut more output than
expected. UK CORPORATE DIARY:
Mitchells & Butlers Plc MAB.L Q1 trading update

* 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.