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UPDATE 1-UK Stocks-Factors to watch on Feb 26

Published 2021-02-26, 02:54 a/m
© Reuters.

(Adds company news items, futures)

Feb 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 65 points lower at 6,587 on Friday, according to financial bookmakers, with futures .FFIc1 down 1.17% ahead of the cash market open.

* RIGHTMOVE: Rightmove RMV.L said it expected continued robust market activity this year, ahead of a potential extension of tax break and reinstated dividend payment. JUPITER FUND MANAGEMENT: Jupiter Fund Management JUP.L said it saw assets hit a record 58.7 billion pounds in 2020. IAG: IAG ICAG.L posted a loss of 4.37 billion euros for 2020 after a year of minimal flying and burning through cash. RSA: RSA RSA.L said its 2020 operating profit rose 15% to 751 million pounds ahead of an anticipated takeover by Denmark's Tryg TRYG.CO and Canada's Intact Financial IFC.TO . PETS AT HOME: Pets At Home PETSP.L lifted its annual underlying pretax profit forecast. TULLOW OIL: Tullow Oil TLW.L said it had agreed to a new reserve-based loan of about $1.7 billion with its banks, taking the company's liquidity to roughly $900 million, including free cash and available debt. YELLOW CAKE: Yellow Cake YCA.L said on Thursday that it intends to raise at least $110 million to partly fund the purchase of physical uranium under an agreement with NAK Kazatomprom KZAP.KZ . OXFORD UNIVERSITY: Oxford University said on Thursday it was investigating a digital intrusion after a researcher said he had seen evidence that a laboratory researching COVID-19 had been hacked. GOLD: Gold prices fell to their lowest in eight months as brighter economic outlook and inflation fears propped up U.S. Treasury yields. OIL: Oil prices dropped as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back above pre-pandemic levels, more supply is likely to return to the market. The UK blue-chip index .FTSE closed 0.1% lower on Thursday, as losses in defensive sectors due to higher treasury yields outweighed gains in resource and most banking stocks. For more on the factors affecting European stocks, please click on: LIVE/

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