Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
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.

* UK CORPORATE DIARY:

Rightmove Plc FY results

Jupiter Fund Management Plc FY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan in Bengaluru)

((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))