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BUZZ-Smith & Nephew: Bottom of the FTSE after weak H1

Reuters - UK Focus

** Smith & Nephew (LSE: SN.L - news) 's shares down 4.2 pct, bottom of the FTSE, after saying H1 trading profit down 3 percent at $483 million

** Co hurt by weakness in China, Gulf states, as well as forex headwinds

** Credit Suisse (LSE: 0QP5.L - news) analysts expected H1 trading profit of $510 mln in Tuesday note, added consensus stood at $498 mln

** Shares (Berlin: DI6.BE - news) strong coming into results - rose 12 pct since day before Brexit

** Worst day for co since Oct (Shenzhen: 000069.SZ - news) . 2015; stock bottom of the Stoxx 600 Healthcare Index and near the bottom of the Stoxx 600 (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)