UK Stocks-Factors to watch on Jan 26



Jan 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday with futures FFIc1 up 0.83%.

* WIZZ AIR: Wizz Air WIZZ.L posted a third-quarter operating loss of 213.6 million euros and said the fourth quarter loss was likely to be slightly higher than that, before an expected improvement in spring.

* QUILTER: Fund manager Quilter IPO-OLD.L saw a strong final quarter of 2021, with improved year-on-year net flows, it said in a trading statement.

* TULLOW OIL: West Africa-focused Tullow Oil TLW.L expects its 2021 free cashflow to come in higher than previously forecast at $250 million and expects this year's cash flow to come in at $100 million at an oil price of $75 a barrel, it said.

* M&G: British money manager M&G MNG.L said it has taken a minority stake in digital wealth manager Moneyfarm as part of a broader partnership.

* PETS AT HOME: Britain's Pets At Home PETSP.L raised its profit outlook for fiscal 2022, as the pet supplies retailer witnessed sustained demand across its businesses.

* BREWIN DOLPHIN: Brewin Dolphin BRW.L posted a rise in income for the first quarter, helped by continued growth in inflows to record levels since last year.

* CMC MARKETS: Online trading platform CMC Markets Plc CMCX.L said its amount of client money and assets under administration in the third quarter remained close to record highs, and reiterated its annual profit outlook.

* STAGECOACH-NATIONAL EXPRESS: Britain's competition regulator issued an order preventing public transport group StageCoach SGC.L and rival National Express NEX.L from disposing of key UK assets as the watchdog reviews their merger.

* RMG-ASSETCO: UK-based acquisition vehicle AssetCo ASTO.L said it will buy investment and consulting firm River & Mercantile Group (RMG) RIV.L , in a deal, which along with a planned capital return, will value RMG at 289 million pounds.

* London's FTSE 100 rebounded on Tuesday from a one-month low hit a day earlier, supported by major bank stocks as expectations of tighter monetary policy drove up bond yields.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Sinchita Mitra and Amna Karimi 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.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.