UK Stocks-Factors to watch on Monday, Feb 10

lunes 10 de febrero de 2014 03:27 GYT

LONDON Feb 10 (Reuters) - Britain's FTSE 100 index is seen opening up 20 to 25 points, or 0.3 percent higher, on Monday, according to financial bookmakers, with futures gaining 0.4 percent ahead of the cash market open.

* The UK blue chip index closed 13.40 points higher on Friday at 6,571.68, led by mining companies, which were helped by an upbeat outlook from steelmaker ArcelorMittal.

* UTILITIES - Britain's Energy Secretary Ed Davey has written to regulators saying profit margins of big energy companies' gas supply units are too high, and suggesting dominant player British Gas, owned by Centrica, may have to be broken up, the Financial Times reported late on Sunday.

* VODAFONE - The British telecom company has made a formal bid for ONO which will be studied at the cable firm's next board meeting on February 11, newspaper Expansion reported on Saturday.