UK Stocks-Factors to watch on Jan 14

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Jan 14
Credit: © Reuters.

Jan 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 32 points lower at 6,886 on Monday, according to financial bookmakers.

FAROE: Faroe Petroleum's Chief Executive Graham Stewart, Chief Financial Officer Jonathan Cooper and Chief Operating Officer Helge Hammer will resign, Faroe FPM.L said on Friday after the company was taken over in a hostile bid by DNO DNO.OL . Indonesian oil and gas group Medco Energi Internasional Tbk PT MEDC.JK said on Friday it could offer 340 million pounds ($436 million) in cash for London-listed Ophir OPHR.L , which has assets in south-east Asia. GOLD: Gold prices rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve will not raise rates this year and as Asian markets dropped after lacklustre China data reflected a slowdown in the world's second-largest economy. OIL: China's crude oil imports in December surged nearly 30 percent from a year earlier to the second highest for a month on a daily basis, Reuters calculations of customs data showed on Monday. The UK blue chip index closed FTSE 100 .FTSE off earlier highs and down 0.4 percent on Friday,singed by a sterling rally on a newspaper report of cabinet ministers saying that Britain would have to delay its European Union exit. For more on the factors affecting European stocks, please click on: LIVE/


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