UK Stocks-Factors to watch on Jan. 13

martes 13 de enero de 2015 03:39 GYT
 

LONDON Jan 13 (Reuters) - Britain's FTSE 100 index is seen opening 16 to 19 points lower, or down as much as 0.3 percent, on Tuesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* The UK blue chip index closed flat in percentage terms at 6,501.42 points in the previous session.

* Global oil prices continued the week's rout with benchmark Brent crude falling for a fourth consecutive session on Tuesday to its lowest in almost six years, despite China reporting record crude imports.

* British retail spending growth slowed in December after consumers splashed out on November's "Black Friday" bargains and prices continued to fall broadly, industry data showed on Tuesday.

* German utility E.ON is reducing standard UK gas prices by 3.5 percent, equivalent to 24 pounds ($36) off an average annual household gas bill, it said on Tuesday.

* London copper slipped back towards a five-year low below the $6,000-mark, shrugging off benign trade data from top metals user China as further falls in oil markets soured broader appetite for commodities.

* China's December trade data beat expectations, as demand from a stronger U.S. economy helped offset weakness in Europe and Japan while Chinese bargain-shopping in commodities markets put a floor under sliding imports.

* DEBENHAMS - Britain's No.2 department store chain posted a fall in first-quarter sales, although there were signs of improvement over the key Christmas trading period.

* CAIRN ENERGY - Oil explorer Cairn Energy said on Tuesday it would focus on its drilling programme in Senegal this year where it made a series of successful oil finds in 2014.   Continuación...