UK Stocks-Factors to watch on Feb. 10

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Feb. 10
Credit: © Reuters.

Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 41 points higher at 6,572 on Wednesday, according to financial bookmakers.

* TESCO: Tesco TSCO.L shareholders will vote on a resolution at this year's annual meeting calling for Britain's biggest food retailer to set targets to increase the proportion of healthy products it sells. COVID-19: A commonly used asthma treatment appears to reduce the need for hospitalizations as well as recovery time for COVID-19 patients if given within seven days of symptoms appearing, researchers at the University of Oxford said on Tuesday. GOLD: Gold rose hovering near a one-week peak hit in the previous session, as a weaker dollar and rising hopes of a U.S. stimulus elevated bullion's appeal as a hedge against inflation. OIL: Oil prices rose again, extending their more than week-long rally after industry data showing a fall in U.S. crude oil stocks added to optimism about an expected rise in global fuel demand. The UK blue-chip index .FTSE closed 0.1% higher on Tuesday as investors looked for signs of progress in passing a proposed $1.9 trillion stimulus plan by the U.S. administration that could help spur a faster economic recovery this year. UK CORPORATE DIARY:

Dunelm Group Plc

DNLM.L

HY results Ashmore Group Plc

ASHM.L

HY results Grainger Plc

GRI.L

Trading update Smurfit Kappa Group Plc

SKG.I

FY results Lancashire Holdings Ltd

LRE.L

Q4 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

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