UK Stocks-Factors to watch on Jan 19
Jan 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower with futures FFIc1 down 0.61% on Wednesday.
* JD WETHERSPOON: British pub group JDW.L warned it would record a loss for the first half of the fiscal year after the Omicron coronavirus variant led to renewed curbs and kept people from heading out during the holidays.
* CENTAMIN: Centamin CEY.L reported a 58% jump in gold production for the fourth quarter as the Egypt-focused miner benefited from higher-grade ores.
* ANTOFAGASTA: Antofagasta ANTO.L forecast annual copper production below 2021 levels, as operations continue to be impacted by Chile's driest weather in years.
* WH SMITH: WH Smith SMWH.L said it expected a resumption in the recovery of its travel markets over the coming months, although the retailer added that the firm is experiencing a "small impact" from the Omicron coronavirus variant.
* PEARSON: Pearson PSON.L raised its forecast for full-year adjusted operating profit in a boost to a management team that is restructuring the company and trying to stem problems at its U.S. Higher Education division.
* BURBERRY: Burberry BRBY.L said its profit would beat market expectations as its full-price sales accelerated in the third quarter.
* FCA: Britain's financial watchdog said it plans to introduce restrictions on marketing cryptoassets and other high-risk investments.
* INFLATION: British consumer price inflation rose more than expected to 5.4% in December, its highest in almost 30 years, official data showed.
* GOLD: Gold prices fell towards previous session's one-week low as the prospect of aggressive rate hikes by the U.S. Federal Reserve sent benchmark Treasury yields to two-year highs, reducing the appeal of non-yielding bullion.
* London's FTSE 100 ended lower on Tuesday weighed down by shares of consumer companies and industrial stocks, while improving employment conditions in the UK and rising U.S. Treasury yields signalled growing bets of tighter monetary policies.
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Reporting by Sinchita Mitra in Bengaluru
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.