UPDATE 1-UK Stocks-Factors to watch on Feb 16

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) Feb 16 (Reuters) - Britain's FTSE 100 index is seen opening higher on Thursday with futures up 0.37%.
* CENTRICA: Centrica said it was extending its share buyback programme by 300 million pounds after its annual profit more than tripled.
* SSP: SSP Group Plc said sales for the first four months of its fiscal year rose 103%, topping pre-pandemic levels.
* HOME REIT: Britain's Home REIT , which has been under scrutiny over the last few months after a short-seller report by Viceroy Research, said it got an unsolicited approach from Bluestar Group Ltd on a possible acquisition offer for the housing provider.
* RESTAURANT GROUP: The Restaurant Group's shareholder Oasis Management went public with its call for the owner of the Wagamama restaurant chain to "re-align its priorities" and to take immediate steps to restore market confidence.
* RELX: Relx reported a better-than-expected 10% rise in full-year adjusted earnings per share to 102.2 pence.
* 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.
* 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.
* 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)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.