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UK Stocks-Factors to watch on Feb. 26
Published at 26/02/2021 at 05:48

Feb 26 (Reuters) - Britain's FTSE 100 index is seen opening 65 points lower at 6,587 on Friday, according to financial bookmakers.

* YELLOW CAKE: Yellow Cake said on Thursday that it intends to raise at least $110 million to partly fund the purchase of physical uranium under an agreement with NAK Kazatomprom , the world's biggest uranium miner.

* OXFORD UNIVERSITY: Oxford University said on Thursday it was investigating a digital intrusion after a researcher said he had seen evidence that a laboratory researching COVID-19 had been hacked.

* GOLD: Gold inched higher after hitting a one-week low, but headed for a second straight weekly and monthly decline as brighter economic outlook and inflation fears propped up U.S. Treasury yields.

* OIL: Oil prices fell as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back above pre-pandemic levels, more supply is likely to come back to the market.

* The UK blue-chip index closed 0.1% lower on Thursday, as losses in defensive sectors due to higher treasury yields outweighed gains in resource and most banking stocks.


Rightmove Plc FY results

Jupiter Fund Management Plc FY results

* For more on the factors affecting European stocks, please click on:


> Financial Times

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(Reporting by Priyanshi Mandhan in Bengaluru)

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