UPDATE 2-UK Stocks-Factors to watch on Oct 17

lunes 17 de octubre de 2016 02:58 GYT

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Oct 17 (Reuters) - Britain's FTSE 100 index is seen opening lower by 10-14 points, or 0.1-0.2 percent, on Monday, according to financial bookmakers, with futures down 0.3 percent ahead of the cash market open.

* The UK blue chip index closed up 0.5 percent on Friday at 7,013.55, with grocer Tesco recovering and mid-cap Man Group surging after a strong trading update.

* ROBERT WALTERS: Professional recruitment firm Robert Walters Plc said third-quarter UK profit rose on growth in trade finance and in some regions outside London, indicating pockets of strength following the country's vote to leave the European Union.

* BIFFA: Biffa Plc said it had priced its London initial public offering (IPO) at 180 pence per share, giving the waste management firm a market capitalisation of 450 million pounds ($559 million).

* SSE: Britain's second biggest energy supplier, SSE Plc, said it had agreed to sell a 16.7 percent stake in gas distribution business Scotia Gas Networks Ltd (SGN) to Abu Dhabi Investment Authority (ADIA) for a consideration of 621 million pounds ($772.21 million).

* LADBROKES: British Ladbrokes and Gala Coral said they agreed to sell 359 shops for 55.5 million pounds ($69 million) to rivals, in a deal which will reduce their footprint and pave the way for competition authorities to allow their merger to proceed.

* PEARSON: Pearson, the world's biggest education company, reiterated its full-year outlook on Monday after cost cuts helped it counter worse-than-expected trading in the third quarter.   Continuación...