Headline shares are tipped to open up to eighty points lower today, according to financial websites, following heavy falls in the US and Asia, with Hungary the latest country to cast gloom over European finances. A potentially stormy Prudential (LON:PRU) AGM should provide a highlight. In the US on Friday, the Dow tumbled 323 points at 9,932, the Nasdaq fell 84 points at 2,219 and the S&P500 lost 38 points at 1,065. In Asia this morning, the Nikkei was last down 351.86 points (3.5%) at 9,549.33, while the Hang Seng ended the morning off 467.02 points at 19,313.05. Crude oil traded at $70.12 a barrel on Nymex while gold settled at $1,219 an ounce.

LONDON MARKETS

In the corporate diary for the day, final results are due from E2v Technologies (LON:E2V), Latchways (LON:LTC), Phoenix It Group (LON:PNX), Prologic (LON:PGC), UBC Media Group (LON:UBC), Vectura Group (LON:VEC) and Workspace Group Plc (LON:WKP) Group.

IG Group Holdings is expected to release a trading statement.

Elsewhere, Afren (LON:AFR), Laura Ashley Holdings, Beowulf Mining (LON:BEM), Climate Exchange (LON:CLE), IGas Energy (LON:IGAS), Lamprell Plc (LON:LAM), London and Associated Properties, Prudential (LON:PRU) and Walcom Group Ltd (LON:WALG) host AGMs.

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