UK Stocks-Factors to watch on Sept 9 (updated)

Mirae Asset Life Insurance

09/09/2016 07:14

(Adds futures) 
    Sept 9 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening down 5-9 
points, or 0.1 percent, on Friday, according to financial bookmakers, with 
futures  FFIc1  down 0.03 percent ahead of the cash market open. 
     
    * The UK blue chip index closed up 0.2 percent on Thursday at 6,858.70, 
outperforming European shares thanks to sterling weakness, with British 
companies also less directly exposed to any disappointment from the ECB. 
 urn:newsml:reuters.com:*:nL8N1BK4SI 
    * PRUDENTIAL: South Korea's Mirae Asset Life Insurance Co Ltd  085620.KS  
said in a regulatory filing on Friday it had submitted a final bid for PCA Life 
Insurance Co Ltd, an unlisted South Korean unit of British insurer Prudential 
PLC  PRU.L .  urn:newsml:reuters.com:*:nL3N1BK4W4 
    * HENDERSON: Henderson Global Investors  HGGH.L , which froze its open-ended 
UK property fund in the wake of Brexit, has sold one of its prized London office 
properties to Chinese developer China Vanke  2202.HK   000002.SZ , the buyer 
said on Thursday.  urn:newsml:reuters.com:*:nL3N1BK3XB 
    * TBC: TBC Bank Group Plc  TBCG.L , Georgia's largest retail bank, confirmed 
it was in talks to buy JSC Bank Republic, a unit of French bank Societe Generale 
 SOGN.PA .  urn:newsml:reuters.com:*:nL3N1BK4DT 
    * BREXIT: The European Parliament has named Guy Verhofstadt, a former 
Belgian prime minister and arch-foe of eurosceptics across the continent, to 
represent it in forthcoming Brexit negotiations with London.  urn:newsml:reuters.com:*:nL8N1BK55C 
    * BREXIT: Britain's finance minister Philip Hammond warned other European 
Union countries that attempts to break up London's role as a global financial 
centre in the wake of the country's Brexit vote would be a "huge mistake" for 
the EU.  urn:newsml:reuters.com:*:nU8N1A4012 
    * BREXIT: Hammond played down expectations of a surge in public spending to 
offset the economic hit from the Brexit vote, but said he could fund modest 
infrastructure projects if needed.  urn:newsml:reuters.com:*:nL8N1BK4KH   
    * UK ENERGY: Britain is set to miss its 2020 European renewable energy 
targets, a parliamentary committee report said on Friday, setting a poor example 
for less wealthy countries as the world tries to rein in global warming. 
 urn:newsml:reuters.com:*:nL8N1BK3N0 
    * UK INVESTMENT: British firms are likely to cut investment during the rest 
of this year and in 2017 due to the Brexit vote, and the government must show 
quickly how it will move forward with leaving the European Union, a professional 
body for accountants said.  urn:newsml:reuters.com:*:nL8N1BK2R1 
    * OIL: Oil prices pulled back on profit-taking on Friday after settling more 
than 4 percent higher a day earlier, following a surprisingly huge drawdown in 
U.S. crude stocks as Gulf Coast imports slumped to a record low.  urn:newsml:reuters.com:*:nL3N1BL08G 
    * COPPER:  London copper was set to edge higher for a second week on Friday 
in the wake of the northern hemisphere summer lull, while prices have also been 
cushioned by a softer dollar.  urn:newsml:reuters.com:*:nL3N1BL0ID 
   
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets 
           
         
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 (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Sunil Nair) 
 ((noor.hussain@thomsonreuters.com; Within UK +44 20 7542 1810; Outside UK +91 
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Keywords: BRITAIN STOCKS/FACTORS