Investors in London took the chance to make profits after yesterday's gains in share prices following...
The FTSE 100 index of leading shares closed the day down 33.9 points at 5,244.5 points, mirrored by losses in the SmallCap and techMARK indices, although it was a good day for the mid-caps as the FTSE 250 index put on 38.1 points to end the day at 5,691.9 points.
The ratio of gainers to losers in the FTSE 100 was flipped around compared to yesterday's positive trading, today registering 62 losers and 35 gainers.
Invensys was a surprise gainer, at least in procent terms, putting on 4.25p to 78.75p.
The gains came as investors looked to positive news from peer stock Rockwell Automation, after the US company beat quarterly earnings estimates.
Invensys is due to report its own results on 15 November, and the news boosted hopes that it too would have something positive to add.
Enterprise Oil continued gains made during recent days, adding another 24p to 519p.
United Business Media rebounded 14p to 499p, although there did not seem to be particular driver behind the stock today.
Three days ago the company announced further cost cutting measures, primarily job cuts, but the stock continues to yo-yo around.
Another media stock to make gains was Daily Mail and General Trust, up 20p to 720p today.
BHP Billiton rounded out the top five gainers by following up yesterday's news of production cutbacks in South America with an announcement on the rates of exchange applicable to its dividend.
The stock gained 6.5p to 305.5p.
The losers camp included stocks from the telecoms, pharmaceutical, airline, banking and financial services sectors.
Cable&Wireless led with a 18.25p loss to its shareprice, to 330p, coming off gains made earlier in the week.
Shire Pharmaceuticals had another torrid day, losing 46p to 948p.
British Airways lost 8p to 172.25p, Barclays lost 88p to £21.12, perhaps due to the notification of a small tranche of shares being sold by a director, and Royal & Sun Alliance lost 16p to 387p after it was downgraded by credit ratings agency Moody's Investor Services.
The day's best performer was, however Regus, the property management company.
It soared by 16.75p to 36p today after unveiling third quarter results.
Although it reported a pre-tax loss against a profit during the same time last year, the company's plan to cut back on both staff and office space was received warmly by the market, as was the decision by the company's chief executive to buy 1 million shares at 30p.
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
Senior Managers Regime
Interest rate outlook unchaged
FCA made demands last week