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

Published 01/07/2019, 07:49
Updated 01/07/2019, 07:50
UPDATE 1-UK Stocks-Factors to watch on July 1
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RIO
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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 PRESS/GB

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