UK markets closed

LIVE MARKETS-What's on our radar

* European shares seen opening slightly up

* Asia stocks edge up on stimulus hopes

* STOXX 600 ended at 5-week high on Friday Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: rm://


European shares are expected to rise slightly at the open today, holding at 5-week highs as GMT)hopes of more stimulus by central banks around the world keep equities in demand, while corporate newsflow slows down.

Futures on euro-zone benchmarks are trading between flat and a rise of 0.2 %, while FTSE futures are up 0.5%, helped by fresh weakness in the pound.

On the corporate front, shares in IAG are seen opening 2% lower after British Airways pilots began a 48-hour strike on Monday, grounding most of the airline's flights and disrupting thousands of travellers' plans.

In M&A, a Sunday Times report saying Orion Capital is seeking partners for buyout of Intu is seen lifting shares in the manager of shopping centres by around 10% at the open, while Eddie Stobart Logistics said it has received a preliminary expression of interest from its third largest shareholder DBAY Advisors Limited.

In earnings, Associated British Foods maintained its guidance for the 2018-19 year, forecasting good profit performances at its Primark fashion chain and grocery business would offset a decline in its sugar operations. Its shares are seen up 1-2%.

Headlines roundup:

British Airways pilots ground planes in unprecedented 48-hour strike

Primark owner AB Foods maintains full-year guidance

Lloyds ups PPI provisions to 1.2-1.8 bln stg, suspends buyback

Ahold's CFO to leave company in 2020

Eddie Stobart gets takeover interest from investor DBAY Advisors

Adevinta's Leboncoin to buy French Argus Group

Dorian industry insured losses seen in several billions of dollars - Munich Re

Deutsche Bank appoints new German corporate bank chief

Geely to bring air taxis to China in tie-up with Daimler-backed Volocopter

Banco do Brasil, UBS in advanced talks for investment banking joint venture -sources

Italy's Snam seeks U.S. footprint with bid for Midwest gas pipeline - sources

Priority for Renault is boosting Nissan alliance-France's Le Maire

Ferrari to lift lid on new F8 Spider to maintain fast track growth

German broadcaster ProSiebenSat. 1 is doubling down on its free-to-air model - FT

BRIEF-Telefonica Deutschland reiterates full-year 2019 guidance

Unregulated firm closes, investors say accounts frozen

Santander to increase its Mexican business ownership to 91.6%

(Danilo Masoni)



European shares are expected open mostly higher ahead of the European Central Bank meeting later this week where the central bank is expected to unveil a comprehensive stimulus package.

Spreadbetters expect at IG London's FTSE to open 22 points higher at 7,304, Frankfurt's DAX to open 15 points higher at 12,206, and Paris' CAC to open 6 points lower at 5,598.

"Doves will rather be flying over the European Central Bank (ECB) this week. Rising trade tensions, weakening global demand and Brexit uncertainties have recently taken their toll on the Euro zone’s economy," says Ipek Ozkardeskaya, Senior Market Analyst at LCG.

Over in Asia, stocks edged higher amid a cautious market mood as investors hoped for stimulus to support growth in the world's major economies.

(Danilo Masoni)

***** (Reporting by Danilo Masoni, Josephine Mason and Thyagaraju Adinarayan)