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UK Stocks - Factors to watch on Feb 5

Source: Reuters - Fri 5th Feb 2010

Britain's FTSE 100 is seen opening 18 points lower on Friday, adding to the previous session's sharp falls as investor anxiety mounted ahead of key U.S. jobs data.

The blue-chip index is seen opening down 0.3 percent by financial bookmakers after it fell 2.2 percent to close at 5,139.31 on Thursday, its lowest since Nov. 5.

Miners will once again be under pressure as metal prices slide, while banks which suffered heavy losses the previous session will also likely be on the backfoot as they tend to suffer in bouts of risk aversion.

U.S. non-farm payrolls data released at 1330 GMT will be the key focus for the day with a Reuters poll predicting a 5,000 increase in the number of jobs.

In terms of domestic data, investors will watch PPI data released at 0930 GMT for more clues on how fast the British economy is recovering from recession.

* Tokyo's Nikkei share average closes down 2.89 pct

* Dow dips below 10,000 mark on euro zone debt, jobs data

* Asian shares slide; euro up on Swiss talk

* TREASURIES-Slip in Asia, all eyes on jobs data

* Oil rebounds from 2010 lows as dollar pares gains

* Gold hovers atop 3-mth low; risk aversion remains

UK stocks to watch on Friday are:


The miner has named fluent Mandarin speaker Ian Bauert to head its China business at a time of tense iron ore price talks and a case against four employees accused of illegaly obtaining commercial secrets.


Russian oil company TNK-BP, half owned by BP, wants to expand its investor base in Asia, inspired by a share placing by Russian aluminium giant UC RUSAL in Hong Kong, the company's chief financial officer said on Thursday.


The property company is to split its 2.8 billion pound business in one of the biggest corporate restructurings in the UK real estate sector, the Financial Times reported.


John Gummer, former Conservative minister, has given his support to a bail request by Austrian aristocrat Alfons Mensdorff-Pouilly accused of funnelling millions of pounds in bribes to foreign officials on behalf of BAE Systems, The Times said, citing the Austrian's lawyers.


The airline releases its third quarter results.


The energy firm releases its Q4 trading update.


The company releases a trading update.

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