January 21, 2019 / 5:40 AM / a year ago

UK Stocks-Factors to watch on Jan. 21

Britain's FTSE 100 index is seen opening 15 points higher at 6,984, on
Monday, according to financial bookmakers.  
   * SAINSBURY: A British court ruling has indicated that a final regulatory
verdict on supermarket operator Sainsbury's proposed 7.3 billion pound
takeover of Walmart unit Asda will be delayed until the end of April
from early March.
   * CO-OPERATIVE GROUP: Co-Operative Group Ltd, Britain's sixth
largest supermarket group, said on Friday it was selling its insurance
underwriting business, CIS General Insurance, to motor insurance specialist
Markerstudy for 185 million pounds.
   * S4 CAPITAL: Martin Sorrell is on the lookout for acquisitions to expand his
new advertising venture S4 Capital, aiming to capitalise on the
disruption sweeping the industry by pursuing a pure-play digital strategy.

   * RPC GROUP: RPC Group, Europe's biggest plastics packaging maker,
said on Friday the deadline for its private equity suitor Apollo Global
Management to make a firm offer for the company has been extended to
Jan. 23.
   * BHP Group: The state of Western Australia said on Monday an audit had found
global miner BHP Group underpaid royalties on iron ore
shipments sold via its Singapore marketing hub stretching back over more than a
   * SPORTS DIRECT: Sports Direct boss Mike Ashley is in talks to rescue
music retailer HMV from administration, Sky News reported on Sunday, saying he
had held talks with music and industry suppliers to the business.  
   * GOLD: Gold prices held steady on Monday as expectations that the U.S.
Federal Reserve will pause its multi-year interest rate hike cycle, were offset
by a recovery in investor appetite for risk.
    * OIL: Oil prices rose to their highest for 2019 on Monday after data showed
refinery processing in China, the world's second-largest oil consumer, climbed
to a record in 2018, despite a slowing economy last year.
    * The UK blue chip index closed 1.95 percent up at 6968.33 on Friday, as
signs of a detente in the trade war between the United States and China lifted
markets from Wall Street to Beijing.
   * For more on the factors affecting European stocks, please click on: LIVE/
 K3 Capital Group Plc           Half year results
 William Hill Plc               Trading Statement

 (Reporting by Adil Bhat)
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