StockMarketWire.com - UK stocks opened higher on Tuesday after the US and China agreed to resume trade talks.

At 0909, the benchmark FTSE 100 index was up 19.28 points, or 0.3%, at 7.345.36.

Travel company TUI gained 1.4% to 914.4p after it reiterated its underlying earnings guidance and said its summer season was closing out in line with its expectations.

TUI also said it was preparing to assist customers stranded by the collapse of Thomas Cook and was assessing the short-term impact of its rival's demise on its full-year results.

Budget carrier Ryanair rose 2.0% to 10.24c after it inked a new collective agreement with cabin crew.

Card and gifts retailer Card Factory added 2.5% to 165.1p, despite posting a 14% fall in first-half profit, as it notched 1.5% growth in like-for-like sales.

Ten Entertainment rallied 7.6% to 247.56p on posting a 22% rise in first-half profit, after it attracted more people to its bowling alleys and encouraged them to spend more on things like food and drink.

Men's suit retailer Moss Bros gained 5.7% to 20.32p, despite scrapping its interim dividend, after tough trading conditions drove it to another first-half loss.

Advertising company M&C Saatchi dropped 13% to 149p, as its underlying earnings slumped and it downgraded its full-year guidance.

Hostel owner Safestay gained 1.6% to 32p on announcing that it had entered into a joint venture partnership with EOS Sicav to develop a 660-bed hostel in Venice.

Chocolate retailer Hotel Chocolat gained 2.7% to 380p after it posted a rise in annual profit.

Allied Minds rose 1.2% to 60.7p after it agreed to sell its entire stake in portfolio company HawkEye 360 to Advance for $65.6m, with half the cash to be returned to shareholders.

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