UK Stocks-Factors to watch on May 9

May 9 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Monday, with futures FFIc1 down 0.74%.

* RIGHTMOVE: British real estate portal Rightmove Plc RMV.L said its chief executive officer, Peter Brooks-Johnson, would step down from the board and exit the company next year, after more than 16 years with the FTSE 100 firm.

* IDEAGEN: Ideagen Plc IDEA.L agreed to a takeover by private equity firm Hg Pooled Management in an all-cash deal valuing the British software firm at 1.09 billion pounds ($1.34 billion), the companies said.

* SHAFTESBURY: British real estate firms Capital & Counties Properties CAPCC.L and Shaftesbury Plc SHB.L said they were in advanced talks on a merger that would bring such London tourist destinations as Covent Garden and Soho under one umbrella.

* TYSERS: Australian insurance broker AUB Group AUB.AX said on Monday it would buy London-based Lloyd's wholesale insurer broker Tysers for A$880 million ($620.5 million) to expand the range of its products.

* BRITAIN: Britain announced on Sunday it will increase tariffs on platinum and palladium imports from Russia and Belarus in a new package of sanctions targeting 1.7 billion pounds ($2.10 billion) of trade, which it said aimed to further weaken Russian President Vladimir Putin's war machine.

* SHELL: Activist investor Daniel Loeb, who wants Royal Dutch Shell Plc RDSa.L to break apart, applauded the energy giant's decision to move its headquarters even as he sticks to views that a different corporate structure would make it more successful.

* GOLD: Gold dropped on Monday as an elevated dollar pressured demand for greenback-priced bullion, with rising U.S. Treasury yields further weighing on prices.

* OIL: Oil prices slipped on Monday, along with stock markets in Asia, sparked by fears a global recession could dampen oil demand, with investors eying European Union talks on a Russian oil embargo that is expected to tighten global supplies

* METALS: Copper and aluminium prices dropped on Monday, as tightening COVID-19 restrictions in top metals consumer China stoked worries about demand, with a stronger dollar further weighing on the market.

* UK stock indexes posted their biggest weekly declines in two months on Friday, hit by a recession warning from the Bank of England and disappointing results from the owner of British Airways.

* For more on the factors affecting European stocks, please click on:


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Reporting by Aby Jose Koilparambil and Muhammed Husain in Bengaluru

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