UPDATE 1-UK Stocks-Factors to watch on April 16

miércoles 16 de abril de 2014 02:36 GYT
 

(Adds futures, detail, company news)

LONDON, April 16 (Reuters) - Britain's FTSE 100 index is seen opening higher on Wednesday, with June futures for the index up 0.8 percent by 0635 GMT. For more on the factors affecting European stocks, please click on

* The UK benchmark closed down 42.15 points, or 0.6 percent, at 6,541.61 points on Tuesday, its lowest close since March 24.

* The index on Wednesday looked set to take its cue from Asian stock markets, which were mostly in the black after China reported economic growth a touch above forecasts.

China's economy grew at its slowest pace in 18 months in the first quarter of 2014, official data showed, with signs of waning momentum already prompting limited government action to steady the world's second-largest economy.

However, the data, which showed 7.4 percent growth, came in slightly stronger than the median forecast of 7.3 percent in a Reuters poll although it showed a slowdown from growth of 7.7 percent in the final quarter of 2013.

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