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UK Stocks-Factors to watch on Feb 18
Published at 18/02/2019 at 05:39

Feb 18 - Britain's FTSE 100 index is seen 2 points higher at 7,239 on Monday, according to financial bookmakers.

* BURBERRY: Burberry Group Plc creative head Riccardo Tisci went back to his fashion-student days in 1990s London for his second catwalk show for the luxury label on Sunday, presenting a collection he said looked at Britain as a country of contrasts.

* LLOYDS: Britain's biggest mortgage lender Lloyds Banking Group has hired senior Morgan Stanley banker William Chalmers as its new chief financial officer.

* PLUS500: Online trading platform Plus500 Ltd confirmed on Friday a drafting error in its 2017 report resulted in the company failing to disclose certain losses from customer trading.

* GOLD: Gold prices rose to their strongest level in more than two weeks on Monday as the dollar weakened on hopes the United States and China are nearing a trade deal, while palladium hit a record high.

* OIL: Oil prices fell on Monday after climbing to their highest this year earlier in the session as China reported automobile sales in January fell for a seven month, raising concerns about fuel demand in the world's second-largest oil user.

* The UK blue chip index closed 0.55 percent up at 7326.68 on Friday on news of progress in the Sino-U.S. trade talks.

* For more on the factors affecting European stocks, please click on:


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(Reporting by Adil Bhat)

((; within U.K. +44 020 7542 1810, outside U.K. +91 80 6749 1719; Reuters Messaging: