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UPDATE 1-UK Stocks-Factors to watch on Feb 5

Published 05/02/2016, 06:20 pm
Updated 05/02/2016, 06:30 pm
© Reuters. UPDATE 1-UK Stocks-Factors to watch on Feb 5
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SHEL
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(Adds futures, company news item)

Feb 5 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening down 9 points, or 0.15 percent, on Friday, according to financial bookmakers, with futures FFIc1 down 0.1 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on The UK blue chip index closed 61.62 points higher on Thursday at 5898.76 as a drop in the dollar boosted commodity prices and gave a lift to mining and oil shares. SHELL: British Columbia's ambitions to become North America's next major liquefied natural gas exporter took another hit on Thursday, as Royal Dutch Shell RDSa.L pushed back a final investment decision (FID) on its LNG Canada project to late 2016. BHP BILLITON: Brazil's Minas Gerais state said on Thursday the November dam burst in an installation operated by miner Samarco, a joint venture between Vale SA VALE5.SA and BHP Billiton BLT.L , caused losses to municipalities estimated at 1.2 billion reais ($308 million), not considering the environmental problems. CMC MARKETS: British financial spreadbetting firm CMC Markets CMCX.L priced its London stock market listing at 240 pence a share, the company said on Friday. OIL: Crude oil futures were steady in lacklustre trading on Friday as Asian liquidity faded ahead of the Lunar New Year holiday across large parts of the region. COPPER: London copper edged down on Friday, but was set for a third consecutive week of gains as signs of stabilisation in the market and a weaker dollar convinced traders to shut positions ahead of Lunar New Year holidays next week in China. UK SALARY: British starting salaries for new permanent and temporary jobs rose last month at the slowest pace since October 2013, according to a survey on Friday which will do little to quell the Bank of England's unease about a slowdown in wage growth. BREXIT: Britain will vote to stay in the EU by a "substantial margin" predicted the leader of a campaign to keep the world's fifth-largest economy in the trading bloc, slating the opposing "out" movement for what he said was failure to present an alternative to membership. The Bank of England has not yet seen signs that British companies are curbing investment plans because of uncertainty around Britain's referendum on European Union membership, a top Bank of England official said on Friday. UK PAPERS

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