UK Stocks-Factors to watch on Wednesday September 2

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Wednesday September 2
Credit: © Reuters.

LONDON, Sept 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 24 to 30 points higher on Wednesday, or up around 0.5 percent, according to financial bookmakers.

* The UK blue chip index closed 189.40 points lower, down 3 percent, on Tuesday at 6,058.54, with all but one FTSE 100 stock in negative territory after a slump in the manufacturing sector in China.

* TESCO TSCO.L - The UK retailer picked private equity firm MBK Partners as preferred bidder to buy its South Korean unit, two people with direct knowledge of the matter said on Wednesday.

* BOOKMAKERS - Online gambling company GVC Holdings Plc GVC.L said it could go hostile in the 1-billion-pound ($1.5 billion) battle for Digital Entertainment BPTY.L if Bwin's board recommends a lower offer from 888 Holdings Plc 888.L , the Times newspaper reported.

* HSBC HSBA.L - Argentina's central bank on Tuesday ordered HSBC Argentina to name a new president and vice president within 24 hours, accusing the bank of failing to establish necessary controls to prevent tax evasion and money laundering.

* ASOS ASOS.L - The British online fashion retailer's Chief Executive Nick Robertson is to step down in the coming months, 15 years after launching the company, Sky News reported.

* GLAXOSMITHKLINE GSK.L - GlaxoSmithKline said that the explosion that rocked Tianjin, China, on August 12 strained its supply of Hepatitis-B treatment marketed in Japan, according to Nikkei.



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