UPDATE 1-UK Stocks-Factors to watch on Feb. 12

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Feb. 12
Credit: © Reuters.

(Adds futures and news items)

Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points lower at 6,523 on Friday, according to financial bookmakers, with futures .FFIc1 down 0.32% ahead of cash market open.

* VIVO ENERGY: Africa-focussed fuel retailer Vivo Energy VVO.L forecast its full-year core earnings above the top end of market's expectations as COVID-19 curbs eased, and said it intends to recommend a dividend of 3.8 cents per share for 2020. JET2: British holiday company Jet2 JET2.L said it raised 422 million pounds through a new share issue, equivalent to 20% of its share capital prior to the fund raising, to boost its finances as the pandemic continues to stop travel. RIO TINTO: Rio Tinto RIO.AX , RIO.L said it has provided expertise to its Guinean partner to help settle a dispute with local communities over resettlement for a bauxite mine. GOLD: Gold eased as the dollar and Treasury yields edged higher, but prices were on course for their best week in three as hopes of more U.S. stimulus underpinned the metal. OIL: Oil prices fell a second day, extending losses after OPEC cut its demand forecast and the International Energy Agency said the market was still over-supplied. The UK blue-chip index .FTSE closed 0.1% higher on Thursday as upbeat earnings outlooks and dividend hikes from soft drink bottler Coca-Cola (NYSE: KO ) HBC and information group Relx boosted investors' hopes for a speedy economic recovery. For more on the factors affecting European stocks, please click on: LIVE/


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