UK Stocks-Factors to watch on Feb 16

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 16 (Reuters) - Britain's FTSE 100 index is seen opening higher on Thursday with futures up 0.4%.
* STANDARD CHARTERED: Standard Chartered raised a key performance metric and announced a new $1 billion share buyback after posting a 28% rise in annual pretax profit as global interest rate hikes boosted its lending revenue. The Asia, Middle East and Africa-focused bank also boosted its annual bonus pool by 16% to $1.59 bln.


* ENDEAVOUR: Endeavour Mining has sold 200 kilograms of gold from its Mana mine in Burkina Faso to the West African country's government, the company told Reuters on Wednesday
* OIL: Oil prices rose as hopes of a robust fuel demand recovery in top oil consumer China offset losses arising from strength in the greenback and a large build in U.S. crude inventory.
* GOLD: Gold prices regained some ground as the U.S. dollar pulled back, although prospects of more interest rate hikes by the Federal Reserve kept investors on edge.
* METALS: Copper prices in London rebounded off a five-week low as market participants kept up hopes for a demand recovery in top consumer China.
* FTSE: Britain's FTSE 100 briefly cleared 8,000 points to hit a fresh record high on Wednesday, helped by a drop in the pound after data showed domestic inflation eased more than expected.
* UK CORPORATE DIARY:


Centrica FY Results Relx FY Results MJ Gleeson HY Results Moneysupermarket.com FY Results
* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru)

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