UPDATE 3-UK Stocks-Factors to watch on Wednesday, March 5

miércoles 5 de marzo de 2014 03:56 GYT

LONDON, March 5 (Reuters) - Britain's FTSE 100 index is seen opening fractionally lower on Wednesday, with March futures on the index down 0.1 percent ahead of the cash market open.

* The UK blue chip index closed 1.7 percent higher at 6,823.77 points on Tuesday, boosted by the perception that tensions between Russia and Ukraine were easing and robust earnings.

* London copper hovered near one-week highs and Brent crude held steady above $109 a barrel after China's leaders reaffirmed a solid growth target for the year ahead and as tensions in Ukraine appeared to ease.

* ADMIRAL GROUP - The motor insurer posted higher-than-expected pre-tax earnings growth of 7 percent for 2013, boosted by international expansion and an increase in its number of insured vehicles.

* LEGAL & GENERAL - The life and pensions group has unveiled a better than expected 16 percent increase in net cash generation as its new business strain improved.

* STANDARD CHARTERED - Set to release final results at 0805 GMT. It is expected to update on its strategy, including potentially selling several small businesses to revive its fortunes in the face of slower growth and its first fall in profits in a decade.

* RSA - The Daily Mail newspaper cites talk the veteran U.S. investor Warren Buffett has acquired a strategic stake in the British insurer. Brokers indicate the stock to open up between 2 and 3 percent.

* BARCLAYS - The bank's chief executive, Antony Jenkins, says lower pay would have meant clients and employees would have been less likely to use Barclays, The Telegraph wrote on Wednesday.   Continuación...