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UK Stocks-Factors to watch on Jan. 15
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UK Stocks-Factors to watch on Jan. 15
Jan 14, 2025 9:29 PM

Jan 15 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Wednesday, with futures up 0.25%.

* SABA CAPITAL: U.S. activist investor Boaz Weinstein called

on British critics opposing plans to unseat managers at seven

underperforming UK investment trusts to stop misleading

investors who have lost "enormous value", describing their

criticism as "jingoistic".

* HALEON ( HLN ): Pfizer ( PFE ) is looking to sell about 700

million ordinary shares in Haleon ( HLN ), its bookrunner J.P.

Morgan said on Tuesday, lowering its stake in the British

consumer healthcare company to about 7.3% from 15%.

* SAVANNAH RESOURCES: Savannah Resources is seeking

Portuguese government approval for the compulsory purchase of

land around its Barroso lithium mining project, in a test of

Europe's commitment to boost its minerals industry despite local

opposition.

* OIL: Oil prices were little changed on Wednesday, after

falling the previous day, as a dip in U.S. crude stockpiles and

expectations of supply disruptions from sanctions on Russian

tankers lent support amid forecasts for lower global fuel

demand.

* GOLD: Gold prices edged lower as caution prevailed ahead

of the U.S. consumer price inflation report that could provide

more clarity on the Federal Reserve's interest rate trajectory.

* METALS: Most base metals declined, with copper pulling

back from a one-month high, weighed down by a strong U.S.

dollar.

* British stocks ended mixed on Tuesday, as profit warnings

from BP and JD Sports weighed on the blue-chip FTSE 100, while

midcap stocks steadied after a recent slump as investors awaited

key inflation figures.

* UK CORPORATE DIARY:

Experian ( EXPGF ) Q3 trading update

Currys ( DSITF ) Peak trading update

Vistry FY trading update

Hays Q2 trading update

Ashmore Q2 trading update

Liontrust Asset 9M trading update

Management

Fuller, Smith & trading update

Turner

Diploma Q1 trading update

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Yamini Kalia in Bengaluru)

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