London pre-open: Stocks seen lower after the long weekend

London stocks looked set for a weaker open after the bank holiday weekend.

The FTSE 100 was expected to open down 18 points at 7,530.

British Airways parent International Consolidated Airlines Group was likely to be in focus following an IT outage at BA that led to a weekend of chaos and cancellations. Madrid-listed shares in IAG were knocked lower on Monday and the same is expected when the London-listed shares open for trading on Tuesday.

Elsewhere, Anglo American said it had completed the sale of its 83.33% interest in the Dartbrook coal mine located in the Hunter Valley, New South Wales, Australia, to Australian Pacific Coal.

Dartbrook consists of an underground thermal coal mine and associated processing infrastructure that has been on care and maintenance since 2006.

London Stock Exchange Group has struck a deal to buy US bank Citigroup's fixed income indices and analytics businesses for $685m (£535m) cash.

Looking to strengthen its information services division, the LSE said buying The Yield Book and Citi Fixed Income Indices, a fixed income analytics platform and index business comprising a family of fixed income indices, would improve its fixed-income range and offer deeper data and analytics services.

Shopping centre operator Intu Properties announced that both itself and TH Real Estate - on behalf of its pan-European investment vehicle, the European Cities Fund - had agreed to form a joint venture to own Madrid Xanadú shopping centre in Spain.

The FTSE 100 company said the Madrid Xanadú shopping centre is the retail and leisure destination for the south-west of Madrid and one of the top ten shopping centres in Spain.

TH Real Estate will acquire a 50% interest in the joint venture, which includes the centre and the SnowZone business but excludes the management company, for a price of €264.4m.

There are no major UK data releases due.