UK Stocks-Factors to watch on Jan. 10 (updated)
10/01/2025 07:41
(Adds new items, updates futures)
Jan 10 (Reuters) - Britain's FTSE 100 index .FTSE is
seen opening lower on Friday, with futures FFIc1 down 0.17%.
* SAINSBURY'S: Sainsbury's SBRY.L , Britain's second
biggest supermarket group, reported a 2.8% rise in underlying
sales for the key Christmas quarter, with robust grocery sales
offset by a weaker performance in general merchandise.
* ALLIANCE PHARMA: Britain's Alliance Pharma ALAPH.L said
it has agreed to be acquired by asset management firm DBAY
Advisors in an all-cash deal valuing the healthcare group at
349.7 million pounds ($429.6 million).
* UK TICKETS: Britain said it wanted to clamp down on
resellers who profit by snapping up tickets for big events and
selling them on at huge mark-ups to desperate fans, announcing
proposals to cap resale prices and hold reselling websites more
accountable.
* UK INFLATION: British households' expectations for
inflation rose in December, according to a survey published on
Thursday that may add to concerns among investors about the slow
pace of future interest rate cuts by the Bank of England.
* OIL: Oil prices rose in early Asian trade and were on
track for a third straight week of gains.
* GOLD: Gold prices hovered near a four-week high, poised
for their best week since mid-November, as investors awaited
U.S. jobs data to gauge how aggressively the Federal Reserve
might cut interest rates this year.
* METALS: Most base metal prices edged higher on Friday,
although uncertainties over U.S. President-elect Donald Trump's
tariff plans and a strong dollar kept a lid on gains.
* For more on the factors affecting European stocks, please
click on: LIVE/
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(Reporting by Aby Jose Koilparambil and DhanushVignesh Babu in
Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))