UK Stocks-Factors to watch on Feb 27 (updated)
27/02/2023 07:58
(Adds news, Updates Futures)
Feb 27(Reuters) - Britain's FTSE 100 .FTSE index is
seen opening higher with futures FFIc1 up 0.32% on Monday.
* Capricorn Energy: Capricorn Energy Plc CNE.L has
appointed Clare Mawdsley, previously a director of finance, as
its acting chief financial officer, replacing James Smith, the
oil and gas producer said.
* ABF: Primark owner Associated British Foods ABF.L raised
its financial guidance for the full year 2022-23 after a strong
first-half performance from the clothing retailer.
* Bunzl: British business supplies distributor Bunzl Plc
BNZL.L posted a higher annual profit, aided by strong demand
for its low-priced products amid inflationary concerns, and
acquisitions made last year.
* BP: China's Yulong Petrochemical has agreed to two-year
crude oil supply deals with BP BP.L and Chevron CVX.N to
supply its 400,000 barrel-per-day greenfield refinery in
northern China from next year.
* THAMES WATER: British utility Thames Water plans to invest
1.6 billion pounds ($1.91 billion) in the next two years to cut
discharges into rivers and tackle pollution, after UK water
firms faced a backlash over sewage outflows into waterways.
* SURVEY: More than 60% of British businesses are optimistic
about the country's economic growth in the medium term and their
own revenues in the next few years, a survey showed, challenging
some of the gloomy forecasts for the UK economy.
* OIL: Oil prices fell in volatile trade, as a stronger
dollar and recession risks offset gains arising from Russia's
plans to deepen oil supply cuts.
* GOLD: Gold prices slipped to a two-month low, after strong
U.S. economic data stoked fears that the Federal Reserve would
deliver more interest rate hikes to bring down inflation.
* For more on the factors affecting European stocks, please
click on: LIVE/
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($1 = 0.8377 pounds)
(Reporting by Anchal Rana in Bengaluru; Editing by Dhanya Ann
Thoppil)
((Anchal.Rana@thomsonreuters.com; +91 9915609050;))