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UPDATE 1-UK Stocks-Factors to watch on Sept. 13

Published 13/09/2019, 07:37
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Sept. 13
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(Adds news items, futures)

Sept 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 13

points at 7,358 points on Friday, according to financial bookmakers, with

futures FFIc1 up 0.2% ahead of cash market open.

* J D WETHERSPOON: Britain's J D Wetherspoon JDW.L reported a higher

annual pretax profit as more Britons visited its pubs even though overall

consumer confidence and spending came under pressure due to Brexit

uncertainties. * STHREE PLC: British recruiting firm SThree Plc STHR.L reported a 4% rise

in net fees for the third quarter as robust hiring overseas more than offset

weakness at home. * SSE PLC: SSE Plc SSE.L , one of Britain's big six energy suppliers, said

it would sell its energy services unit to OVO Group for 500 million pounds

($617.6 million), including debt, as it looks to focus on renewable energy and

electricity networks. * DIAGEO: Unions at Diageo DGE.L are demanding a 5% pay rise for workers

due to go on strike in Scotland later this month and believe the stoppages will

cost the drinks company 1 million pounds ($1.2 million) a day, a source familiar

with the matter said. * WOODFORD PATIENT CAPITAL TRUST: Woodford Patient Capital Trust WPCT.L ,

the listed trust run by under-fire money manager Neil Woodford, said its

administrator Link Fund Solutions would cut the valuation of its stake in

another of the company's holdings.

* OIL: Oil futures fell as concerns about global growth and slowing demand

lingered despite hints of progress on U.S.-China trade talks, setting up prices

for weekly losses after days of swinging back and forth. O/R

* GOLD: Gold prices edged lower as improved risk appetite amid signs of a

thaw in the long-drawn U.S.-China trade tiff drew investors away from the

safe-haven metal, while palladium retreated slightly from a record peak hit in

the previous session. * The UK blue chip index closed up 0.1% at 7344.67 points on Thursday as

trade concerns were soothed by a two-week U.S. tariff reprieve on Chinese

imports and Morrisons jumped on upbeat profit and forecast. For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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