UK Stocks-Factors to watch on June 4

miércoles 4 de junio de 2014 02:55 GYT

(Adds futures prices, company news)

LONDON, June 4 (Reuters) - Britain's FTSE 100 index is seen opening around 12 points lower, or down 0.2 percent, on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* Futures for the index are up 0.3 percent at 0651 GMT.

* The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout: Associated British Foods, National Grid and WPP.

* The UK blue chip index closed 0.4 percent weaker at 6,836.30 points in the previous session, but not far from a 14-year high of 6,894.88 on May 15. The index is less than 2 percent below its record high of 6,950.60 set in late 1999.

* Investors await the Markit/CIPS services purchasing managers' index (PMI)figures, due at 0830 GMT. The index is expected to have eased to 58.2 in May from 58.7 in the previous month, but stay above the 50 threshold for growth.

* TESCO - Britain's biggest retailer, posted the worst quarterly drop in underlying sales in its key home market since Chief Executive Phil Clarke took the helm in 2011, raising further questions over his trading strategy.

* OIL COMPANIES - Wage talks between oil companies and the largest union representing land-based oil workers in Norway have broken down and are heading to state-appointed mediation, the Norwegian Oil and Gas Association said on Wednesday.

The negotiations over pay and work conditions affect about 5,000 employees working for Statoil, BP, ConocoPhillips and Shell , among others.   Continuación...