UK Stocks-Factors to watch on Wednesday June 17
(Adds company news)
LONDON, June 17 (Reuters) - Britain's FTSE 100 index is seen opening up 13 to 17 points, or 0.25 percent higher on Wednesday, according to financial bookmakers with futures up 0.2 percent ahead of the cash market open. For more on the factors affecting European stocks, please click on
* The blue-chip FTSE 100 index closed at 6,710.10 points - flat in percentage terms but above an intraday low of 6,656.90 points which marked its lowest level since late January, as it received a boost from tobacco stocks.
* GLAXOSMITHKLINE - British drugmaker GlaxoSmithKline is investing $95 million to create a new U.S. research institute led by a top genomics professor to investigate how a cell's operating system works.
* TESCO - Any buyer of Tesco's $6 billion South Korea unit will need a strategy to boost returns in a lethargic and saturated market for traditional retailers, likely involving real estate sales and a greater focus on Internet shopping.