January 16, 2017 / 6:25 AM / a year ago

UK Stocks-Factors to watch on Jan 16

Jan 16 (Reuters) - Britain's FTSE 100 index is seen opening up 16
points at 7,353 on Monday, according to financial bookmakers.
    * The UK blue chip index ended up 0.6 percent at a record closing level of
7,337.81 points on Friday, supported by broker upgrades to broadcaster ITV
 as well as gains in housebuilding stocks and buoyancy in
    * UK REFERENDUM: Prime Minister Theresa May will call on Britons to reject
the acrimony of the Brexit referendum in a speech this week that some newspapers
have billed as setting the stage for a "hard" exit from the European Union.
    * ACACIA MINING: Gold miner Acacia Mining Plc said on Friday it was
in early talks about a possible merger with Canadian gold miner Endeavour Mining
    * BREXIT: Britain's decision to leave the European Union would have a bigger
effect on the United Kingdom than the rest of Europe, as political and economic
uncertainties grow around the world, the head of the euro zone bailout fund said
on Monday. 
    * UK M&A: Mergers and acquisitions activity in the United Kingdom will drop
sharply in 2017 due to uncertainty over the terms of its exit from the European
Union, law firm Baker McKenzie said in a report published on Monday.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Ashmore Group PLC                    Q2 2017 Asset Under Management
                                      Statement Release
    > Financial Times                      
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 (Reporting by Esha Vaish in Bengaluru; Editing by Amrutha Gayathri)
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