- PRE-OPEN REPORT: The headline index is expected to open modestly lower this morning, according to financial websites, with focus on BT Group as investors assess how the battle with BSkyB is progressing.....


In the US last night, the Dow rose 110 points to 15,849, the Nasdaq gained 72 points at 4,123 and the S&P500 added 20 points at 1,794.

In Asia today, the Nikkei was recently down 48 points at 14,859. Hong Kong markets are closed for Chinese New Year.

WTI crude oil traded at $98.23 a barrel and Brent crude at $107.95.

Gold settled at $1,242 an ounce.


In the corporate diary today, interim results are due from BT Group and Rank Group.

Final results are scheduled from Fusionex International.

Trading statements are expected from Air Partner, Kcom, The Paragon Group of Companies and Vedanta Resources.

APC Technology Group, Caledonian Trust, JPMorgan Asian Investment Trust, Schroder UK Mid Cap Fund and Scottish Investment Trust host their AGMs. Story provided by