(ADVISORY- Reuters plans to replace intra-day European and UKstock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for moredetails)
* FTSE 100 down 0.2 pct
* Wolseley falls after results
* Brexit worries weigh on housebuilders
* Miners track metals prices lower
By Kit Rees
LONDON, June 1 (Reuters) - UK equities fell on Wednesday,weighed down by a drop in Wolseley's shares after adisappointing set of results and also a fall in Britishhousebuilders.
Britain's blue-chip FTSE 100 index was down 0.2percent at 6,215.95 points by 0812 GMT, in line with the broaderEuropean market.
Shares in British heating and products supplier Wolseley were set for their biggest daily loss in 8 months,dropping 6.1 percent after the company reported a slowdown inrevenue growth for the third quarter, reflecting subdued demandin some markets.
The firm said that, as a result, it would accelerate itsrestructuring in Britain and Europe.
"Investors here are focusing on the short term slowdown fordemand that the company reported in this morning's update,rather than the overall progress that's being made despite thedeflationary headwinds," Tony Cross, market analyst at TrustnetDirect, said in a note.
British housebuilders were also in negative territory, withanalysts citing Tuesday's ICM poll which indicated that Britishvoters were leaning towards a vote to leave the European Unionin a June 23 referedum.
Shares in Persimmon, Berkeley Group,Barratt Developments and Taylor Wimpey fellbetween 2 percent to 2.5 percent.
"In the sense that there's this perceived risk that houseprices could come down if Britain votes to leave...that's goingto be putting pressure on the housebuilders for sure," AugustinEden, research analyst at Accendo Markets, said.
Metals prices were hit by a strong dollar following raisedprospects of a U.S. interest rate hike, with a lower copperprice putting pressure on the mining sector, whichwas down 1.8 percent, the top sectoral faller on the blue-chipindex.
ADVISORY- Reuters plans to replace intra-day European and UKstock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development). In a real-time, multimedia formatfrom 0600 London time through the 1630 closing bell, it willinclude the best of our market reporting, Stocks Buzz service,Eikon graphics, Reuters pictures, eye-catching research andmarket zeitgeist. Breaking news and dramatic market moves willcontinue to be alerted to all clients and we will continue toprovide a short opening story and comprehensive closing reports.
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Mike Dolan, Markets Editor EMEA. (Reporting by Kit Rees)