NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

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

Published 12/02/2016, 06:27 pm
Updated 12/02/2016, 06:30 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Feb 12
UK100
-
BARC
-
BAER
-
BHP
-
RIO
-
GSK
-
BHPB
-
BAES
-
RR
-
UK100
-
OCBC
-
DBSM
-
VALE
-

(Adding futures, company news items)

Feb 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 111 points, or 2 percent, on Friday, according to financial bookmakers, with futures FFIc1 up 0.7 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on The UK blue-chip index closed 2.4 percent weaker at 5,536.97 points on Thursday, with a sharp sell-off in major banking and mining stocks pushing the market down to its lowest level in more than three years. GSK: Britain's competition body said on Friday it had fined GlaxoSmithKline GSK.L 37.6 million pounds ($54.42 million) for market abuse in striking deals to delay the launch of generic copies of its antidepressant Seroxat. ROLLS-ROYCE: Rolls-Royce RR.L left its 2016 guidance unchanged, in a show of stability after issuing three profit warnings last year, although it halved its dividend to shore up its finances during a slowdown in demand for some of its engines. BARCLAYS: Singapore's DBS Group Holdings DBSM.SI and Oversea-Chinese Banking Corp OCBC.SI as well as Swiss bank Julius Baer BAER.VX have submitted non-binding bids for Barclays' BARC.L Asian private wealth business, people familiar with the matter said. BHP BILLITON: A judge in Brazil's state of Minas Gerais has frozen 470 million reais ($118 million) of assets owned by Vale SA VALE5.SA and 1.8 million reais linked to BHP Billiton Ltd BHP.AX BLT.L to ensure payment of damages related to a deadly dam rupture, Rio de Janeiro's O Globo newspaper said on Thursday. BAE SYSTEMS: Kuwait will sign a deal next week to buy Eurofighter jets, Kuwait's state news agency KUNA said on Thursday, citing the defence minister. Kuwait signed a memorandum of understanding in September to buy 28 Eurofighter jets, the consortium that makes the aircraft said, in a deal worth up to 8 billion euros ($9 billion). BAE Systems BAES.L is one of the partners of the consortium. RIO TINTO: Rio Tinto RIO.L will seek financing for its massive Simandou iron ore project in Guinea, despite writing down its value due to low commodity prices and funding uncertainties. EU REFERENDUM: British and EU negotiators agreed much of a reform package on Thursday to help keep Britain in the European Union, leaving Prime Minister David Cameron to settle tricky final issues, notably on migration, at a summit next week, diplomats said. UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* BridgeStation: view story .134 For more information on Top News visit http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.