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UPDATE 1-UK Stocks-Factors to watch on Feb. 16

Published 16/02/2021, 06:48 pm
Updated 16/02/2021, 06:54 pm
© Reuters.

(Adds futures and news items)

Feb 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points higher at 6,787 on Tuesday, according to financial bookmakers, with futures .FFIc1 up 0.22% ahead of cash market open.

* GLENCORE: Glencore GLEN.L reinstated its dividend after net debt fell by 10% in its full-year 2020, helped by surging commodity prices in the second half. PETRA DIAMONDS: Petra Diamonds PDL.L raised doubts about its ability to continue as a going concern and warned that additional funding may be required if support from one of its creditors falls through. SERCO: Serco SRP.L said it would buy consulting services provider Whitney, Bradley & Brown Inc from an affiliate of H.I.G. Capital for $295 million to strengthen its services to the defence sector. 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 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: 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 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 UK blue-chip index .FTSE closed 2.5% higher on Monday as mining and energy stocks tracked strong gains in commodity prices. For more on the factors affecting European stocks, please click on: LIVE/

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