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UK Stocks-Factors to watch on Feb 13
February 13, 2017 / 6:34 AM / 10 months ago

UK Stocks-Factors to watch on Feb 13

Feb 13 (Reuters) - Britain's FTSE 100 index is seen opening up 17
points at 7,275 on Monday, according to financial bookmakers. 
    
    * The commodity-heavy UK blue-chip FTSE 100 index ended 0.4 percent
higher at 7,258.75 points on Friday, after hitting an intra-day peak of
7,274.80, the highest since Jan. 17 as a rally in metals prices on soothing
Chinese data and supply concerns boosted shares in basic resources
companies. 
    * RBS: A group of senior businessmen are among investors seeking to join a
lawsuit against Royal Bank of Scotland saying they were misled over its
massive rights issue in 2008, according to sources and court
documents. 
    * BHP: More than 300 people wearing hoods vandalized property at the world's
biggest copper mine, BHP Billiton's  Escondida in Chile, and
forced contract workers to stop work during an ongoing strike, management said
on Sunday. 
    * GOLD: Gold slipped on Monday as the dollar strengthened against the yen,
with the greenback buoyed by a smooth meeting between U.S. President Donald
Trump and Japanese Prime Minister Shinzo Abe that saw no mention of currency
policy. 
    * COPPER: London copper extended gains to hit its highest in 20 months in
heavy trade on Monday, driven up by supply worries after shipments were shut off
from the world's two biggest copper mines. 
    * OIL: Oil prices dipped on Monday on signs that global fuel markets
remained bloated despite OPEC-led crude production cuts that have been more
successful than most initially expected. 
    * OIL RIGS: U.S. energy companies added oil rigs for a 14th week in the last
15, extending a nine-month recovery as drillers take advantage of crude prices
that have held mostly over $50 a barrel since OPEC agreed to cut supplies in
late November. 
    
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:
       
                                                              
     Fidessa Group Plc                Full Year 2016  Earnings
                                                              
 
        
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 (Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Sherry Jacob-Phillips)

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