Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

UK Stocks-Factors to watch on Feb. 18

Published 18/02/2020, 04:59 pm
© Reuters. UK Stocks-Factors to watch on Feb. 18
UK100
-
HSBA
-
IHG
-
SHEL
-
BHP
-
AAPL
-
RIO
-
BHPB
-
RIO
-
HG
-
NG
-
GLEN
-
MTRO
-

Feb 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 40 points lower on Tuesday, according to financial bookmakers.

* HSBC: HSBC Holdings HSBA.L unveiled plans to cut $100 billion in assets, slash its investment bank and restructure in the United States and Europe, as it launched its biggest overhaul in years in a bid to improve returns. SHELL: Royal Dutch Shell RDSa.L has temporarily suspended cargo liftings from its Prelude floating liquefied natural gas (LNG) facility off northwest Australia while it works to restore production following an electrical trip on Feb. 2. BHP: Robust iron ore prices drove BHP Group BHP.AX , BHPB.L to its best result in five years, still slightly off estimates, with the miner saying containment this quarter of a coronavirus that is spreading around the globe should limit any economic impact. RIO: Rio Tinto Ltd RIO.AX RIO.L said its Mongolian copper mine project has submitted a feasibility study to the local government in its bid to secure domestically sourced power for the East Asian's country's biggest foreign investment project. TRADE DEAL: Britain will not be threatened into following EU rules in the future by talk of economic rifts and is ready to trade with the bloc on basic international terms if needs be, Prime Minister Boris Johnson's Europe adviser said on Monday. METRO BANK: Britain's Metro Bank MTRO.L is likely to pick acting boss Daniel Frumkin as its next chief executive, Sky News reported on Monday, citing an unidentified insider. GOLD: Gold rose to a two-week high, spurred by demand for safe-havens after iPhone maker Apple (NASDAQ:AAPL) Inc's revenue warning underscored the financial fallout of the coronavirus epidemic in China. OIL: Oil prices fell, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand. London's FTSE 100 recovered from two sessions of losses on Monday, as China's moves to counter the economic impact of the coronavirus epidemic soothed some of the nerves which have dominated the past fortnight's trading. UK CORPORATE DIARY: InterContinental Hotels

IHG.L

FY Results Glencore

GLEN.L

FY Results

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

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.