UK Stocks-Factors to watch on Jan 21 (updated)

Argo Blockchain

21/01/2025 08:07

(Updates with news items)
       Jan 21 (Reuters) - Britain's FTSE 100  .FTSE  index was
up 0.04% at 0802 GMT.
    
    * MARSTON'S: Marston's  MARS.L  reported a 3% jump in sales
for the 16-week period ended Jan. 18, driven by a surge in pubs
visits for food and drinks during the Christmas season.
    * PREMIER FOODS: Premier Foods  PFD.L  forecast its annual
profit at the upper-end of analysts' expectations, following
robust sales of its branded products during the key holiday
season.
    * SERICA ENERGY: Serica Energy  SQZ.L  forecast higher
production in 2025.
    * ABRDN: Abrdn  ABDN.L  reported 1.2 billion pounds ($1.5
billion) of net inflows of client cash in the fourth quarter of
2024 but still reported outflows for the year, as it works to
revive its fortunes after several tough years.
    * Baillie Gifford US Growth Trust plc: The trust  USAB.L  
said it had outperformed the S&P 500 Index in sterling terms in
the six months to Nov. 30.
    * Argo Blockchain: Argo Blockchain  ARB.L  said Thomas
Chippas is resigning from his roles as CEO and director.
    * OIL: Oil prices were little changed in Asian trading as
investors took stock of President Donald Trump's plans to apply
new tariffs later than expected while boosting oil and gas
production in the United States.
    * GOLD: Gold prices rose for a second session as the dollar
weakened, with markets evaluating the possible consequences of
U.S. President Donald Trump's policies in his second term.  
    * METALS: Most base metals traded in a narrow range on
Tuesday.
    * FTSE 100: London's blue-chip FTSE 100 hit a record high on
Monday for the second session in a row.
    
    * UK CORPORATE DIARY: 
 Abrdn        ABDN.L     Q4 trading
                         update
 Crest        CRST.L     FY Results
 Nicholson               
 Serica       SQZ.L      FY trading
 Energy                  update
 Cranswick    CWK.L      Q3 trading
                         update
 Marston’s    MARS.L     Q1 interim
                         management
                         statement
 Petra        PDL.L      Q2
 Diamonds                operating
                         update
 Kier         KIE.L      HY trading
 trading                 update
 Premier      PFD.L      Q3 trading
 Foods                   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 

 (Reporting by DhanushVignesh Babu and Ankita Bora in Bengaluru)
 ((DhanushVignesh.Babu@thomsonreuters.com;))