🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

UPDATE 3-UK Stocks-Factors to watch on Jan. 28

Published 28/01/2016, 07:01 pm
© Reuters.  UPDATE 3-UK Stocks-Factors to watch on Jan. 28
UK100
-
III
-
DGE
-
AAL
-
BHPB
-
SGE
-
KAZ
-
SSE
-
BAB
-
FGP
-
LMI
-
GRI
-
HG
-
UK100
-
CL
-

(Adds company news)

Jan 28 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower by 36-40 points, or 0.6-0.7 percent, according to financial bookmakers. Futures FFIc1 were up marginally ahead of the cash market open. For more on the factors affecting European stocks, please click on The UK blue-chip index closed up 1.3 percent at 5,990.37 on Wednesday, helped by a surge in software firm Sage Group Plc SGE.L and a rebound in mining and energy stocks as oil prices rose. BHP BILLITON: Brazilian miner Samarco Mineracao SA SAMNE.UL , in which BHP Billiton BLT.L owns a 50 percent stake, said on Wednesday it evacuated some workers after rain caused a mudslide at the site where an iron ore tailings damn burst in November. FIRSTGROUP: British transport company FirstGroup FGP.L warned that profit would come in lower than it expected, blaming wet weather and flooding in Britain and driver shortages in the United States. 3I GROUP: British private equity firm 3i Group Plc III.L reported its net asset value rose in its third quarter, despite what it described as a challenging market environment. ANGLO AMERICAN: Global mining company Anglo American AAL.L boosted its total annual iron ore output as a ramp-up at its Minas-Rio mine offset lower output at its Kumba subsidiary. GRAINGER: Residential landlord Grainger Plc GRI.L announced an overhaul of its business, including the disposal of two non-core units and a 10 percent reduction in jobs, as it looks to focus on the fast-growing domestic private rental sector (PRS). LONMIN: Platinum producer Lonmin LMI.L will continue to review its services and reduce costs, mainly through cutting jobs, as the slide in the price of its main commodity bites further. SSE: British utility SSE SSE.L said it had lost 300,000 customers over the first nine months of its financial year, but it maintained its dividend and earnings per share targets for the full year. will cut its domestic gas prices by an average of 5.3 percent from March 29, the company said on Thursday. DIAGEO: Diageo DGE.L reported a 1.8 percent rise in half-year sales, weighed down by foreign exchange rates and the sale of assets including its wine business. BABCOCK: British engineering and support services firm Babcock BAB.L said chief executive Peter Rogers would retire in August and would be replaced by senior management executive Archie Bethel. KAZ MINERALS: Copper mining company Kaz Minerals Plc KAZ.L said full-year copper cathode production fell 3 percent, hurt by maintenance work at one of its smelters. BRITISH CONSTRUCTION: The number of new homes registered for construction by British builders in 2015 rose to its highest since the financial crisis, despite a slowdown in the second half of the year, an industry group said on Thursday. BRITISH POWER: A British auction to secure 802.710 megawatts of backup electricity capacity for the 2016/17 winter period cleared at 27.50 pounds per kilowatt per year on Wednesday, the delivery body said in preliminary results. OIL PRICES: Crude oil futures fell around 1 percent in Asian trading on Thursday, eroding gains of nearly 3 percent made in the previous session after Russia held out the possibility of cooperating with OPEC to control global oversupply. EX-DIVS: No FTSE 100 company will go ex-dividend on Thursday. UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* BridgeStation: view story .134 For more information on Top News visit http://topnews.reuters.com

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.