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UPDATE 1-UK Stocks-Factors to watch on July 1

Published 01/07/2019, 04:49 pm
Updated 01/07/2019, 04:50 pm
UPDATE 1-UK Stocks-Factors to watch on July 1
UK100
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RIO
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RIO
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HG
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UK100
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GLEN
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AML
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(Adds company news items, futures)

July 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 50 points higher at 7,475 on Monday, according to financial bookmakers, with futures FFIc1 up 0.87% ahead of the cash market open.

* ASTON MARTIN: Strategic European Investment Group, the biggest investor in Aston Martin AML.L , said on Monday it was considering the possibility of making a cash offer for another 3% stake in the luxury carmaker. GLENCORE: Congo's interior minister vowed to remove all illegal miners by Sunday from a copper and cobalt mine run by Glencore GLEN.L following a landslide this week that killed at least 43 of them. GOLD: Gold prices fell more than 1% on Monday to their lowest in more than a week, as the dollar strengthened and investors opted for riskier assets after the United States and China agreed to restart trade talks. OIL: Oil prices rose more than $1 a barrel on Monday after Saudi Arabia, Russia and Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting in Vienna. RIO TINTO: Rio Tinto RIO.L RIO.AX named Barbara Levi as its new general counsel and group executive on Monday, replacing Philip Richards. The UK blue chip index closed 0.2% higher on Friday following a report that prime minister front-runner Boris Johnson would slash stamp duty and taxes which drove gains in housebuilders and lifted London's main index. For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

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