A positive opening on the FTSE failed to see out the day, with the index slipping 65.8 points, or 1.09%, to 5,980 at the close of play.
SABMiller had a strong day, climbing, 59p, or 5.27%, to £11.79, as did International Power, Resolution, AMEC and HBOS which began the day at the top of the winner’s table.
However, gains were stemmed by losses for Eurasian, down 68p to £12.72, Wolseley and retail group Next.
In the US, the Dow Jones has also fallen, dropping 26.06 points, or 0.21%, to 12,593 in early trading.
International Business Machines, American International Group, Walt Disney Group, Citigroup and American Express.
However, these gains are being stemmed by losses for Pfizer, Procter Gamble, and United Technologies.
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More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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Alongside Barrett, Hopkins, Boston and Thorman on 17 October