LONDON, March 13 (Reuters) - Britain’s FTSE 100 index is seen opening up by 16 to 17 points, or 0.3 percent higher, on Thursday, according to financial bookmakers.
* The UK blue chip index fell to a one-month low on Wednesday, ending down by 1 percent, or 64.62 points lower, at 6,620.90 points.
* CHINESE ECONOMY: China’s industrial output rose 8.6 percent in the first two months of 2014 from a year earlier, missing market expectations, with growth in retail sales also weaker than expected, the National Bureau of Statistics said on Thursday.
* Shanghai and London copper futures regained strength on Thursday after plunging to multi-year lows in the previous session.
* UK HOUSING MARKET: British house prices rose at the slowest pace in six months in February, but strong expectations for rising prices and activity suggest the housing market recovery still has a long way to run, a survey showed on Thursday.
* UK INSURERS/FLOODS: The insurance bill for flooding across areas of Britain since the start of the year is set to reach 446 million pounds ($741.59 million), the Association of British Insurers said on Thursday.
* GLAXOSMITHKLINE : GlaxoSmithKline said its non-inhaled treatment for a type of severe asthma met the main goals in two late-stage studies.
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