UPDATE 1-UK Stocks-Factors to watch on Nov 19

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Nov 19
Credit: © Reuters.

(Adds futures, news items)

Nov 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 7,314 on Tuesday, with futures FFIc1 up 0.4% ahead of the cash market open.

* ICG: London-listed alternative asset manager Intermediate Capital Group ICP.L posted an 11% increase in first-half assets under management, boosted by inflows of new money. AO WORLD: British online electrical appliances retailer AO World AO.L said on Tuesday it would close its fledgling Netherlands operation as it reported wider first-half losses for the group. MAIL.RU: Russian internet company Mail.ru MAILRq.L and state lender Sberbank SBER.MM have agreed to set up a joint food and taxi platform and plan to invest 64.6 billion roubles ($1 billion) in the business, Mail.Ru said. DIALIGHT: Lights manufacturer Dialight Plc DIAL.L warned on its annual operating profit for the year, hit by the Sino-U.S. trade spat which has led to uncertainty around the timing of orders from its customers. COBHAM: The British government has said it is minded to allow Advent's purchase of Cobham COB.L after the private equity group agreed to place a number of British executives on the defence company's different boards. EASYJET: British budget airline easyJet EZJ.L on Tuesday said it would become the world's first major airline to operate net-zero carbon flights across its whole network by offsetting the emissions from flying. MELROSE: Turnaround specialist Melrose Industries MRON.L said its automotive and powder metallurgy sales for a four-month period was hit by a strike at U.S. automaker General Motors (NYSE: GM ) GM.N . FIRSTGROUP: Two major FirstGroup FGP.L shareholders on Monday called for the British bus and train operator to sell its U.S. assets as part of a portfolio overhaul which already includes the planned sale of North American intercity bus service Greyhound. TATA STEEL: Tata Steel TISC.NS plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the sector wrestles with excess supply, weak demand and high costs. OIL: U.S. oil prices fell for the second straight day on Tuesday amid market jitters over limited progress between China and the United States on rolling back trade tariffs, exacerbated by a rise in U.S. inventories. GOLD: Gold inched up to its highest in more than 1-1/2 weeks on Tuesday, as fresh doubts about a trade deal between the United States and China dented appetite for riskier assets. The UK blue chip index added 0.1%, while FTSE 250 index .FTMC rose 0.2% on Monday at their highest level in nearly 14 months, boosted by polls pointing to victory by the ruling Conservatives in upcoming elections, while a near 5% drop in insurer Aviva (LON: AV ) weighed on the main board. For more on the factors affecting European stocks, please click on: LIVE/


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