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UPDATE 1-UK Stocks-Factors to watch on July 13

Published 13/07/2018, 04:36 pm
© Reuters. UPDATE 1-UK Stocks-Factors to watch on July 13
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(Adds company news, futures)

July 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen to open 41 points higher at 7,693 on Friday, according to financial bookmakers, with futures FFIc1 up 0.50 percent ahead of the cash market open.

* EXPERIAN: Experian Plc EXPN.L , the world's biggest credit data company, racked up a 10 percent year-on-year rise in revenue in the first quarter at constant exchange rates, driven by growth across its four main global markets. HAYS: British recruitment company Hays Plc HAYS.L expects full year profit to come in slightly above expectations and posted on Friday a 14 percent rise in net fees in the fourth quarter on more hiring in Germany and Australia. ASHMORE: Emerging markets-focused asset manager Ashmore Group ASHM.L said assets under management fell 3 percent in its fourth quarter as weak investment performance offset net inflows of fresh client cash. BHP: The union for Chile's Escondida copper mine said Thursday a contract offer presented by the company was unacceptable and threatened to strike unless changes were made. BP PLC: Production at BP Plc's BP.L 413,500 barrel-per-day capacity Whiting, Indiana refinery was normal on Thursday after a report of flaring at the plant, said sources familiar with operations. USA-TRUMP/BRITAIN-JOHNSON: U.S. President Donald Trump warned that British Prime Minister Theresa May's proposals for leaving the European Union will have a negative effect on trade with the United States, according to an interview published on Thursday. COPPER: London copper edged lower on Friday and was set for a fifth consecutive week of decline on concerns of weaker demand amid U.S.-China trade war. OIL: Oil prices edged lower on Friday and were set for a second weekly fall, as the market shrugged off a warning that spare capacity may be stretched as OPEC and Russia increase production. The UK blue chip index ended the session up 0.8 percent at 7,651.33 points on Thursday, as investor worries eased and another bid for pay-TV firm Sky boosted its stock. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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