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UK Stocks-Factors to watch on Feb. 16

Published 16/02/2021, 05:24 pm
© Reuters.

Feb 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points higher at 6,787 on Tuesday, according to financial bookmakers.

* BHP GROUP: BHP Group BHP.AX , BHPB.L reported its best first-half profit in seven years and declared a record interim dividend, as top metals user China's strong appetite for iron ore to support its infrastructure push kept prices elevated. ASTRAZENECA: The World Health Organization on Monday listed AstraZeneca (NASDAQ:AZN) AZN.L and Oxford University's COVID-19 vaccine for emergency use, widening access to the relatively inexpensive shot in the developing world. DUNELM: Homewares retailer Dunelm Group DNLM.L on Monday said its founder and largest shareholder Will Adderley plans to sell 15 million shares in the company, representing about 7.4% of its issued share capital. PLATINUM: Platinum prices soared to their highest in nearly 6-1/2 years, fuelled by expectations a rebound in the global economy would stoke demand for the metal used in autocatalysts. OIL: Oil prices rose as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world's biggest oil producer. The UK blue-chip index .FTSE closed 2.5% higher on Monday as mining and energy stocks tracked strong gains in commodity prices and investors were hopeful global vaccine rollouts would quicken the economic recovery this year. UK CORPORATE DIARY:

Glencore Plc

GLEN.L

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MARS.L

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PDL.L

HY results Pan African Resources Plc

PAFR.L

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SAFE.L

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* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

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