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UK Stocks-Factors to watch on Jan 16
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UK Stocks-Factors to watch on Jan 16
Jan 15, 2025 9:36 PM

Jan 16 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Thursday, with futures up 0.13%.

* BP/SHELL: A judge has dismissed New York City's lawsuit

seeking to hold Exxon Mobil ( XOM ), BP and Shell

liable for misleading the public about their products,

and their commitment to renewable energy and fighting climate

change.

* UK HOUSE PRICES: British property surveyors reported the

fastest rise in house prices since September 2022 in December

and a continued increase in sales and new buyer enquiries, in

contrast to the more mixed picture from some other housing

market surveys.

* RIO TINTO: Rio Tinto reported its lowest

annual iron ore shipments in two years, partly as heavy rains in

Western Australia impacted output in the December quarter, but

said the global economy was showing signs of strength.

* SHELL: Shell plans to close its Madrid gas

trading operations for tax reasons, Spanish newspaper Cinco Dias

reported, citing unnamed sources close to the matter.

* OIL: Oil prices gained for a second session on Thursday.

* METALS: Base metals traded mixed on Thursday.

* GOLD: Gold prices were stable on Thursday.

* EX-DIVS: Compass Group ( CMPGF ) and Diploma will

trade without entitlement to their latest dividend pay-outs on

Thursday.

* British stock markets rallied on Wednesday, with midcaps

notching their best day in a month, as tame inflation reports

from the UK and the U.S. fuelled expectations of more interest

rate cuts this year.

* UK CORPORATE DIARY:

Taylor Wimpey trading

update

Deliveroo ( DROOF ) Q4 trading

update

Whitbread ( WTBCF ) Q3 trading

update

Antofagasta ( ANFGF ) Q4

production

Rathbones ( RTBBF ) Q4 trading

update

Dunelm ( DNEMF ) HY trading

update

Harbour FY trading

Energy 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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