UPDATE 1-UK Stocks-Factors to watch on Feb. 11
11/02/2019 at 07:32
(Adds company news items and futures)
Feb 11 (Reuters) - Britain's FTSE 100 index is seen opening 29
points higher at 7,100 on Monday, according to financial bookmakers,
while FTSE 100 futures were up 0.45 percent ahead of the cash
* CONNECT GROUP: British distribution and logistics provider
has agreed a new 5-year distribution contract with Daily Mirror
publisher Reach Plc , it said on Monday, guaranteeing 220 million
pounds ($284.53 million) in annual revenue.
* GOLD: Gold prices held firm on Monday, supported by worries over
a slowdown in global economic growth and uncertainties around
Sino-U.S. trade dispute, but a strong dollar limited the safe-haven
* OIL: Crude prices dipped early on Monday in Asia as U.S.
drilling activity picked up and as Russia's biggest oil producer
pressured President Vladimir Putin to end the supply cut deal with
Middle East-dominated producer club OPEC.
* The UK blue chip index closed 0.3 percent lower on Friday as
jitters over the China-U.S. trade dispute fed into fears of a slowdown
in the world economy, with bank and energy shares the hardest hit.
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
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(Reporting by Samantha Machado in Bengaluru)
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