UK Stocks-Factors to watch on Feb. 20
20/02/2024 04:55
Feb 20 - Britain's FTSE 100 .FTSE index is seen
opening lower on Tuesday, with futures FFIc1 down 0.1%.
* SUPERDRY: Davidson Kempner, owner of Oak Furnitureland, is
in discussions with Superdry SDRY.L co-founder Julian
Dunkerton about backing an offer for the company, Sky News
reported on Monday, without citing a source.
* GOLD: Gold prices edged down in early Asian hours,
pressured by a slightly stronger dollar and elevated treasury
yields, while traders also awaited further cues from the minutes
of the U.S. Federal Reserve's last meeting.
* OIL: Oil prices were little changed in early Asian
trading, hovering around three-week highs on heightened Middle
East tensions and recovering China demand.
* METALS: Copper prices edged lower, pressured by a stronger
U.S. dollar, while traders weighed demand prospects in top
consumer China after the Lunar New Year break.
* FTSE: British equities kicked off the week on an upbeat
note, boosted by gains in pharma and biotech shares following
the U.S. FDA's approval of AstraZeneca's lung cancer drug, while
Currys soared on takeover interest from JD.com and Elliot FTSE .
* UK CORPORATE DIARY:
Barclays BARC.L FY Results
InterContinental Hotels Group IHG.L FY Results
Plus500 PLUSP.L FY Results
Antofagasta ANTO.L FY Results
Petra Diamonds PDL.L HY results
* 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 Prerna Bedi in Bengaluru; Editing by Dhanya Ann
Thoppil)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))