February 15, 2018 / 6:05 AM / a month ago

UK Stocks-Factors to watch on Feb 15

    Feb 15 (Reuters) - Britain's FTSE 100 index is seen opening 35
points higher at 7,248.8 on Thursday, according to financial bookmakers. 
    * ANTOFAGASTA: Chilean mining company Antofagasta received
environmental approval for a major, $1.1 billion revamp of its Los Pelambres
copper mine, the regional government of Coquimbo said on Wednesday.
    * GVC/LADBROKES: Online gambling company GVC has given away its
Turkey business, hoping the move will help smooth its takeover of Ladbrokes
 after GVC's lenders baulked at its exposure to a country where internet
betting is illegal.
    * SKY: Hedge fund Polygon Global Partners, which is an investor in Sky
, said the outcome of the English Premier League soccer rights auction
supported its view that the takeover by Twenty-First Century Fox
undervalues the British company.
     The decision by regulators that Twenty-First Century Fox would be a "fit
and proper" owner of Sky will be challenged in court, campaign group Avaaz said
on Wednesday.
    * Shire: Shire, the pharma firm splitting its rare disease and
hyperactivity drugs into two units, said sales would grow in the mid-single
digits and profits by a lower percentage than the top line this year after
earnings per share rose 16 percent in 2017.
    * SHELL-NIGERIA: The Court of Appeal in London ruled on Wednesday that two
Nigerian communities cannot pursue Royal Dutch Shell in English courts
over oil spills in Nigeria's Delta region.
    * OIL:  Oil prices on Thursday extended gains from the previous session,
pushed up by a weak dollar and by comments from Saudi Arabia that it would
rather see an undersupplied market than end a deal with OPEC and Russia to
withhold production.
    * GOLD: Gold prices rose further on Thursday, supported by a weaker dollar
and as investors bought the yellow metal as a hedge against inflation after a
faster-than-expected rise in U.S. consumer prices last month.
    * COPPER: London copper rose for a fourth day to the highest in 10 days on
Thursday, supported by a decline in the dollar and robust prospects for global
    * BRITAIN-EU: The European Union's remaining member states want a "close and
deep" relationship with Britain after its departure from the bloc, but it is for
Britain to make proposals as to how it imagines that relationship, a German
government spokesman said.
    * EX-DIVS: AstraZeneca, BP, Hargreaves Lansdown,
Royal Dutch Shell A, Royal Dutch Shell B, Unilever   
  will trade without entitlement to their latest dividend pay-out on Thursday,
trimming 24.4 points off the FTSE 100 according to Reuters calculations
    * The UK blue chip index ended the day up 0.6 percent on Wednesday, as
investors shrugged off a hotly anticipated data release showing higher than
expected U.S. inflation.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Relx PLC                                 Full Year 2017 Earnings Release
 Lancashire Holdings Ltd                  Q4 2017 Earnings Release
 Indivior PLC                             Full Year 2017 Earnings Release
 ConvaTec Group PLC                       Full Year 2017 Earnings Release
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 (Reporting by Harish Bhaskar)
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