UK Stocks-Factors to watch on Monday March 31
LONDON, March 31 (Reuters) - Britain's FTSE 100 index is seen opening up 9 to 11 points, or 0.2 percent higher on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* The blue-chip FTSE 100 index closed up by 0.4 percent, or 27.26 points, at 6,615.58 points, buoyed by gains in mining stocks that outweighed another slump in the insurance sector, which was hit by signs of further regulatory pressure.
* ASTRAZENECA - The British pharmaceutical, which will complete its move to Cambridge by 2016, is already putting down roots in the ecosystem of the university city, and said on Monday it had struck an unique deal with the state-funded Medical Research Council (MRC) under which academic scientists will work alongside its staff at its new Cambridge site.
* GLASXOSMITHKLINE - GlaxoSmithKline plans to make new investments in additional factories and drug research in Africa, its chief executive said on Sunday, as the pharmaceuticals group broadens its bet on promising emerging markets.
* BRITISH RETAIL - Chinese business tycoon Yuan Yafei is in talks with British department store group House of Fraser IPO-HFD.L regarding a bid that values the company at more than 450 million pounds ($749 million), according to a source familiar with the situation. Continuación...