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

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

(Adds futures, news items)

Jan 12 - Britain's FTSE 100 .FTSE index is seen opening 1 point higher at 6,800 on Tuesday, according to financial bookmakers, with futures FFIc1 up 0.10% ahead of cash market open.

* ASTRAZENECA: The European medicines regulator said it had received an application from AstraZeneca AZN.L for the conditional approval of its COVID-19 vaccine being developed along with the University of Oxford. THE HUT GROUP: The Hut Group THG.L forecast 2021 revenue between 30% to 35% higher than 2020, boosted by its Dermstore.com acquisition and a surge in online demand for it beauty products during the COVID-19 pandemic. ROBERT WALTERS: Robert Walters Plc RWA.L said its fourth-quarter net fee income fell 24% as it continued to battle a hiring slowdown during the COVID-19 pandemic. KINGFISHER: Kingfisher KGF.L reported strong trade across its markets with fourth-quarter to Jan. 9 underlying sales up 16.9%. PLAYTECH: Playtech PTEC.L said it expects annual performance to be ahead of consensus driven by strong performance of its financials unit Finalto, along with its core B2B business and Snaitech. RATHBONE BROTHERS: Wealth manager Rathbone Brothers RAT.L appointed former Phoenix Group Holdings PHNX.L CEO, Clive Bannister, as chairman and reported an 8.6% jump in total funds at the end of 2020 owing to strong market movements in the last quarter. VISTRY: UK homebuilder Vistry VTYV.L said it expects annual profit to be at the top end of its previously issued outlook range, and added that it would resume dividend payments. MOONPIG: Online greetings card company Moonpig said its is planning a London stock market listing. Foresight Group: Infrastructure and private equity fund firm Foresight Group confirmed its intention to float on the London Stock Exchange. GOLD: Gold rose, as stocks slipped on political turmoil in Washington and the slow pace of COVID-19 vaccinations across the world. OIL: Oil prices rose on expectations of a drawdown in crude oil inventories in the United States for a fifth straight week. The UK blue-chip index .FTSE closed 1.1% lower on Monday as rising COVID-19 cases across Europe stoked worries about its near-term economic impact. For more on the factors affecting European stocks, please click on: LIVE/


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