UK Stocks-Factors to watch on Jan. 24

Petrofac

24/01/2025 05:11

Jan 24 - Britain's FTSE 100  .FTSE  index is seen
opening up on Friday, with futures  FFIc1  up 0.06%
    
    * ANGLO AMERICAN: Top diamond producer Botswana's new
President Duma Boko said on Thursday that he hoped to clinch a
long-delayed sales pact with industry giant De Beers as early as
Friday but underlined the need to diversify the Southern African
nation's economy.
    * BARCLAYS: British lender Barclays  BARC.L   is proposing a
revamp of pay packages earned by its CEO and finance director,
with higher bonuses on offer for outperformance in exchange for
lower fixed pay, according to a Sky News report on Thursday.
    * RIO TINTO: Rio Tinto  RIO.AX   RIO.L   warned that its
first-quarter shipments could be affected by disruptions to its
rail operations following record rainfall along Western
Australia's Pilbara coastline due to tropical cyclone Sean.
    * THAMES WATER: The British government has approached
consultancies regarding taking the role of special
administrators for Thames Water, in a sign that ministers are
bracing themselves for imminent renationalisation, the Financial
Times reported on Thursday.  
    * PETROFAC: Oilfield services provider Petrofac  PFC.L  
said on Thursday over 70% of its bondholders backed the
restructuring plan deal it entered into last year to raise funds
through equity financing.
    * OIL: Oil markets sank on Friday.
    * GOLD: Gold prices soared to near three-month highs.
    * METALS: Most base metals rose.
    * FTSE 100: The UK's FTSE 100 rose on Thursday, ending just
short of a fresh record high as investors sought clarity on U.S.
President Donald Trump's trade policies.
    
    * UK CORPORATE DIARY:
 Burberry     BRBY.L     Q3 trading
                         update
 Paragon      PAGPA.L    Q1 trading
 Banking                 update
 Record       RECL.L     Q3 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 DhanushVignesh Babu in Bengaluru)
 ((DhanushVignesh.Babu@thomsonreuters.com;))