UK Stocks-Factors to watch on Feb 22

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 22 (Reuters) - Britain's FTSE 100 index is seen opening lower on Wednesday with futures down 0.2%.
* MORRISONS: British supermarket group Morrisons said on Tuesday it would impose customer purchase limits on four salad vegetables from Wednesday after supplies were hit by disrupted harvests in southern Europe and north Africa.
* UK STRIKES: Nurses in England will pause planned strike action to enter "intensive talks" with the British government on pay and conditions, both sides said on Tuesday, in the first sign of a break in a long-running dispute.
* ASSOCIATED BRITISH PORTS: Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is among the parties considering a bid for a 34% stake in Associated British Ports that could be valued at about 2 billion pounds ($2.42 billion) or more, Bloomberg News reported.


* OIL: Oil prices extended losses on Wednesday on expectations the U.S. Federal Reserve is likely to indicate it will continue to raise interest rates in comments due out later, raising concerns of lower global economic growth and fuel demand.
* GOLD: Gold prices rose marginally on Wednesday, as investors awaited minutes of the U.S. Federal Reserve's latest policy meeting to assess prospects of further interest rate hikes.
* Britain's exporter-heavy FTSE 100 ended lower on Tuesday, dragged by weakness in mining and homebuilder stocks, while a rise in domestic business activity fanned fears of more rate hikes by the Bank of England.
* UK CORPORATE DIARY:


Primary Health FY Results Properties



Lloyds FY Results


* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Muhammed Husain in Bengaluru)

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