UPDATE 2-UK Stocks-Factors to watch on July 11

lunes 11 de julio de 2016 02:48 GYT

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July 11 (Reuters) - Britain's FTSE 100 index is seen opening up 30-34 points, or 0.5 percent, on Monday, according to financial bookmakers, with futures up 0.6 percent ahead of the cash market open.

* The UK bluechip index closed up 0.9 percent on Friday at 6,550.30, recovering from both the referendum selloff as well as last summer's swoon across global markets. The index rose to its highest level in nearly a year on Friday and posted its third straight weekly gain as investors continue to pile into shares of large dividend-paying UK bluechip exporters.

* RPC GROUP: Packaging maker RPC Group Plc said adjusted operating profit at constant currency for the first quarter was ahead of its expectations, helped by higher sales volumes as well as synergies from its deal to buy Global Closure Systems.

* STHREE: Recruiting company SThree Plc posted an 8 percent fall in first-half UK gross profit, as managers, especially those in the banking sector, put hiring decisions on hold in the run-up to the EU referendum.

* LSE: Deutsche Boerse AG is considering lowering the approval threshold for its proposed merger with London Stock Exchange Group Plc from shareholders representing 75 percent of its shares, the German exchange said on Sunday.

* DIAGEO: Indian spirits maker United Spirits Ltd (USL), a unit of Diageo, said an additional inquiry into its past financial statements has uncovered actual and potential fund diversions linked to its former chairman Vijay Mallya.

* SABMILLER: South Africa's Treasury said on Friday it was proposing a 20 percent tax on sugary drinks, under a plan that has delighted health campaigners but dismayed the beverage industry. The Beverage Association of South Africa (BevSA), whose members include Coca Cola Co, Pepsi Inc and SABMiller PLC, met Treasury officials about the tax in April.   Continuación...