January 3, 2014 / 7:00 AM / in 4 years

UK Stocks-Factors to watch on Friday, Jan 3

LONDON, Jan 3 (Reuters) - Britain’s FTSE 100 index is seen opening up 8 points, or 0.1 percent higher, on Friday, according to financial bookmakers.

* The UK blue chip index closed 31.18 points lower on Thursday at 6,717.91, as miners were hit by disappointing Chinese factory data.

* Signs of soft Chinese demand saw London copper slide around half a percent on Friday, easing from a seven-month top as expectations of higher supplies and concerns over Chinese growth weighed on the market.

* HOUSE OF FRASER - The British department stores group expects to be listed by the end of the year even as it remains in exclusive talks regarding a potential takeover by its French counterpart Galeries Lafayette , the Times of London reported the chief executive officer of the department store chain as saying.

* BP - U.S.-listed Kosmos Energy announced it has entered into a rig share agreement with BP and AP Moller Maersk for drilling operations in Morocco.




> Financial Times

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