REFILE-UK Stocks — Factors to watch on Sept 9

(Corrects Reuters instrument code for WM Morrison)

LONDON, Sept 9 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) is seen falling on
Thursday, retreating after gains in the previous session, with mining stocks
likely to come under pressure as metals prices tumbled in the wake of a
Chinese-led sell-off.

The UK blue-chip index looks set to shed 14 to 16 points, or 0.3 percent,
according to financial bookmakers, after it closed up 21.92 points, or 0.4
percent, at 5,429.74 on Wednesday.

Market participants said a slide in Chinese commodity futures was linked to
a government investigation of speculative funds in the Shanghai rubber market
(0#SNR:: ), which precipitated a decline across the board from zinc to soyoil to
cotton. [ID:nTOE68803K]

U.S. stocks (Read more about the stock market today. ) (.DJI: ) (.SPX: ) rose on Wednesday, while Japan’s Nikkei (.N225: )
added 0.5 percent on Thursday, after successful bond auctions in Portugal and
Poland helped ease worries about Europe’s debt problems.

Later on Thursday, investors will eye the release of UK July trade data at
0830 GMT, which is expected to show the trade deficit widened from the previous
month, while at midday the Bank of England is set to announce its interest rate
decision.

Across Europe, French jobs and German CPI data is due, while in the United
States, weekly jobless data and July trade figures are set to be released.

* Asia stocks rise, yen steady but outlook hazy [ID:nSGE68802U]

* Wall Street climbs in low-volume session [ID:nN08134951]

* Nikkei rises on Europe relief but gains seen capped [ID:nTOE688034]

* Treasuries-Bonds slip but U.S. debt auction cushions fall [ID:nN08133347]

* Dlr/yen slips towards 15-yr low, Aussie jumps [ID:nTOE688025]

* Gold off lows on bargain hunting; hovers below $1,260 [ID:nSGE68804T]

* Base metals slip on China fund crackdown talk [ID:nSGE688036]

* Oil pares gains on China commods market probe talk [ID:nSGE68805R]

UK stocks to watch on Thursday include:

GLAXOSMITHKLINE (GSK.L: )

The European Medicines Agency said it was asking GlaxoSmithKline additional
questions about its diabetes drug Avandia before giving a final verdict later
this month on whether it should stay on the market. [ID:nLDE68724I]

LLOYDS BANKING GROUP (LLOY.L: )

Lloyds Banking Group is to sell its stake in bank-owned housebuilder Crest
Nicholson for 150 million pounds ($232 million), the Financial Times said.
[ID:nLDE68800U]

ROYAL DUTCH SHELL (RDSa.L: )

The global oil company unveiled plans on Wednesday to sell its stake in four
Brazilian offshore blocks, including a field in the vast deepwater subsalt
region. [ID:nN08126839]

BP (BP.L: )

The oil major will not sell its Azeri assets, including a 25 percent stake
in the giant Shakh Deniz gas field, and may even look to increase its stakes in
Azeri projects, BP’s Azeri president said. [ID:nLDE68725L]

Also, BP may not start the final kill of its ruptured Gulf of Mexico oil
well until mid- to late September, the top U.S. official overseeing the spill
response said. [ID:nN08117782]

DANA PETROLEUM (DNX.L: )

Korean National Oil Corp [KOILC.UL] plans to issue its response on Thursday
after the UK oil explorer rejected its unsolicited offer, a source close to the
deal said. [ID:nTOE68804I]

BAE SYSTEMS (BAES.L: ), BABCOCK INTERNATIONAL (BAB.L: )

British defence firms have been asked by the government to consider
scrapping the UK’s aircraft carrier programme and are concerned about the new
National Security Council’s role in decisions on defence spending cuts.
[ID:nLDE6871VL]

HENDERSON (HGGH.L: )

The asset manager has been dropped by at least one major UK pension
consultant following a row over its treatment of investors in an infrastructure
fund, a document obtained by Reuters shows. [ID:nLDE6871T1]

WS ATKINS (ATKW.L: )

The engineer releases a trading update.

HMV (HMV.L: )

The music retailer releases a trading update.

CARPETRIGHT (CATVU.L: )

The carpet retailer holds its AGM.

HOME RETAIL GROUP (HOME.L: )

The household goods retailer releases interims.

WM MORRISON (MRW.L: )

The supermarket chain releases interims.

NORTHGATE (NTG.L: )

The van-hire group holds its AGM.

PREMIER FARNELL (PFL.L: )

The electronic component firm releases interims.

(Reporting by Simon Jessop and Tricia Wright)

REFILE-UK Stocks — Factors to watch on Sept 9