UK Stocks-Factors to watch on Jan. 15

Fuller Smith & Turner

15/01/2025 05:03

Jan 15 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Wednesday, with futures  FFIc1  up 0.25%.
    
    * SABA CAPITAL: U.S. activist investor Boaz Weinstein called
on British critics opposing plans to unseat managers at seven
underperforming UK investment trusts to stop misleading
investors who have lost "enormous value", describing their
criticism as "jingoistic".
    * HALEON: Pfizer  PFE.N  is looking to sell about 700
million ordinary shares in Haleon  HLN.L , its bookrunner J.P.
Morgan said on Tuesday, lowering its stake in the British
consumer healthcare company to about 7.3% from 15%.   
    * SAVANNAH RESOURCES: Savannah Resources  SAVS.L  is seeking
Portuguese government approval for the compulsory purchase of
land around its Barroso lithium mining project, in a test of
Europe's commitment to boost its minerals industry despite local
opposition.
    * OIL: Oil prices were little changed on Wednesday, after
falling the previous day, as a dip in U.S. crude stockpiles and
expectations of supply disruptions from sanctions on Russian
tankers lent support amid forecasts for lower global fuel
demand.
    * GOLD: Gold prices edged lower as caution prevailed ahead
of the U.S. consumer price inflation report that could provide
more clarity on the Federal Reserve's interest rate trajectory.
    * METALS: Most base metals declined, with copper pulling
back from a one-month high, weighed down by a strong U.S.
dollar.
    * British stocks ended mixed on Tuesday, as profit warnings
from BP and JD Sports weighed on the blue-chip FTSE 100, while
midcap stocks steadied after a recent slump as investors awaited
key inflation figures.
    
    * UK CORPORATE DIARY: 
 Experian            EXPN.L     Q3 trading update
 Currys              CURY.L     Peak trading update
 Vistry              VTYV.L     FY trading update
 Hays                HAYS.L     Q2 trading update
 Ashmore             ASHM.L     Q2 trading update
 Liontrust Asset     LIO.L      9M trading update
 Management                     
 Fuller, Smith &     FSTA.L     trading update
 Turner                         
 Diploma             DPLM.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 

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))