StockMarketWire.com - UK stocks opened a touch lower on Tuesday as investors weighed signs of improving global growth against lingering trade war fears.

At 0857, the benchmark FTSE 100 index was down 3.49 points at 7.737.80.

Airport owner Stobart Group gained 1.7% as investors including its former chief executive sparked a conflict with management by pushing for Philip Day to be installed as chairman.

Ryanair ticked 0.4% higher after the budget carrier said passenger volumes in May grew by 6% on-year, despite 200,000 passengers having their flights cancelled due to strikes, mostly in France.

Online fashion retailer Quiz fell 1.8%, despite declaring a maiden dividend, as a 5% rise in pre-tax profit disappointed the market.

Online electrical retailer AO World gained 1.8%, as annual losses met its guidance and the company said revenue growth in both the UK and Europe had returned to double digits so far in the new financial year.

Fulcrum Utilities Services added 2.1% as the gas and electricity connection supplier posted yet another rise in annual profit and announced a move into the smart meter market.

Photonics technology business Gooch & Housego rallied 2.7% on the back of a 13% rise in annual profit.

Rental equipment supplier Vp gained 2.7% after solid growth in adjusted earnings prompted it to hike its dividend for the full year by 18%.

In other news, house builder St. Modwen Properties said its expectations for the year remained unchanged following a 'good' start to 2018 characterised by higher home sales. Its shares pushed 0.4% higher.

Renewables Infrastructure Group said it had acquired two onshore wind farms under construction in northern France with a combined planned generation capacity of of 31.8MW. The shares weakened by 0.2%. Story provided by StockMarketWire.com