(ShareCast News) - London open
City sources predict the FTSE 100 will open 30 points higher than Friday's close of 6,718.49.

Stocks to watch

Carillion has been selected by the UK government for a new facilities management services agreement, under which up to £4.1bn of services will be outsourced over the period to 2019. Carillion said it is one of only three companies to be selected for all three lots in the agreement and in total, 19 suppliers have been selected for one or more of these three service lots.

IG Group chief financial officer Chris Hill has resigned from the derivatives trading service, to work at Hargreaves Lansdown. The resignation comes weeks after IG Group chief executive Tim Howkins said he would retire after nine years in the job.

In the press

Greece is closer to unlocking a fresh €86bn (£61bn) rescue package after the country's creditors reportedly agreed on a draft deal this weekend. German and Greek media said 27-pages of "substantial" and "far-reaching" reforms had been agreed following marathon talks between Euclid Tsakalotos, Greece's finance minister, and the country's creditors on Saturday. - The Telegraph

The privacy watchdog has been called into to investigate the theft of personal and banking details of up to 2.4 million people from Carphone Warehouse. The Information Commissioner's Office (ICO) said it was looking into the incident. It has powers to impose a fine of up to £500,000 on companies with inadequate data protection. - The Telegraph

Hinkley Point, the planned £24.5bn nuclear power station in Somerset, is under intensifying criticism from the energy industry and the City, even as the government prepares to give the final go-ahead for the heavily subsidised project. The plant, due to open in 2023, will cost as much as the combined bill for Crossrail, the London 2012 Olympics and the revamped Terminal 2 at Heathrow, calculated Peter Atherton, energy analyst at investment bank Jefferies. He said that, for the same price as Hinkley Point C, which will provide 3,200MW of capacity, almost 50,000MW of gas-fired power capacity could be built. - The Guardian

Royal Bank of Scotland is preparing to hand out shares worth an estimated £2.5m to its 10-strong management team. The payouts come a week after the government took the first steps since the 2008 taxpayer bailout to begin reducing its stake, which has fallen from 79% to just below 73% as a result. Ross McEwan, the chief executive, is poised to receive the last tranche of the 1m shares he was awarded in August 2012 when he was hired from Commonwealth Bank of Australia. - The Guardian

US close

US shares closed lower as US non-farm payrolls came in lower than expected and the oil price fell to below $44.

In New York, the Dow Jones Industrial Average fell 45.77 points, or 0.26 percent, to, 17,373.9. Earlier in the day it had been down 140 points, but pared back losses later in the session.

The Standard & Poor's 500 Index also recovered some ground in late trading to close 0.29% lower at 2,077.59, while the Nasdaq Composite Index fell 0.26% to 5,053.54.

On the stock market, energy companies bore the brunt of falling oil prices with Consol Energy down 7.98%, Marathon Oil down 5.45% and Range Resources down 5.88%.

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