UK Stocks-Factors to watch on July 17
LONDON, July 17 (Reuters) - Britain's FTSE 100 index is seen opening down 16 points, or 0.2 percent lower on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* Futures for the index were down 0.3 percent by 0636 GMT.
* The UK blue chip index advanced 74.22 points, or 1.1 percent, to 6,784.67 points on Wednesday, with miners rallying after a strong update from Rio Tinto and encouraging economic growth data from top metals consumer China.
* British companies increased their marketing budgets for the seventh successive quarter from April to June as they sought to cash in on optimism over the country's recovery from recession.
* BSKYB, ITV : Britain's pay-TV group BSkyB has sold a 6.4 percent stake in the country's biggest free-to-air commercial broadcaster ITV to cable group Liberty Global for 481 million pounds ($824 million). Continuación...