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UPDATE 1-UK Stocks-Factors to watch on Feb. 10

Published 02/10/2021, 03:55 PM
Updated 02/10/2021, 04:00 PM
© Reuters.
UK100
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TSCO
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PSN
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RDW
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UK100
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(Adds futures and news items)
Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 41
points higher at 6,572 on Wednesday, according to financial bookmakers, with
futures .FFIc1 up 0.66% ahead of cash market open.

* DUNELM: Dunelm Group DNLM.L reinstated its interim dividend and posted a
higher first-half profit, as strong online demand offset store closures during
repeated coronavirus-induced restrictions. * LANCASHIRE: Lancashire LRE.L posted a surprise profit for 2020 as a
recovery in its investment portfolio offset nearly $150 million in losses linked
to the COVID-19 crisis and natural catastrophes. * REDROW: Redrow Plc RDW.L reported an 11% rise in first-half profit on
Wednesday and resumed dividend payment, as demand jumped for its spacious
suburban homes in the wake of COVID-19 pandemic. * PERSIMMON: Persimmon PSN.L said it made a provision of 75 million pounds
in its 2020 results to pay for necessary work on its buildings that may be
affected by cladding issues. * TESCO: Tesco TSCO.L shareholders will vote on a resolution at this
year's annual meeting calling for Britain's biggest food retailer to set targets
to increase the proportion of healthy products it sells. * COVID-19: A commonly used asthma treatment appears to reduce the need for
hospitalizations as well as recovery time for COVID-19 patients if given within
seven days of symptoms appearing, researchers at the University of Oxford said
on Tuesday. * GOLD: Gold rose as a weaker dollar and rising hopes of a U.S. stimulus
package elevated bullion's appeal as a hedge against inflation. * OIL: Oil prices rose again, extending their more than week-long rally
after industry data showing a fall in U.S. crude oil stocks added to optimism
about an expected rise in global fuel demand. * The UK blue-chip index .FTSE closed 0.1% higher on Tuesday as investors
looked for signs of progress in passing a proposed $1.9 trillion stimulus plan
by the U.S. administration that could help spur a faster economic recovery this
year. 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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