In the UK the FTSE has declined for a third straight day, albeit by no more than 2 points to 5344.20 at its close.
Mobile firm, O2 leads the fall down 3p to 146.5p, after reported £14bn bid for the firm by Deutsche Telekom and KPN was put on ice, as the two bidders failed to reach agreement on the structure of a combined offer. O2 denies any such bid ever existed.
Sugar firm Tate & Lyle has slipped 7.25p to 457.75p, after announcing its presence into the flavoured water market through its launch of two new products as part of its Rebalance range.
Mining firm Xstrata meanwhile picked up as much as 79p or 6% to 1352p. The copper specialist agreed to purchase a 19.9% stake in nickel producing Falconbridge from Brascan Corp, a Switzerland based company for $1.7bn, to take advantage of record metals prices.
Antofagasta has also profited 36p to 1473p.
In the US the Dow Jones Industrial Average has slipped a further 7 points to 10593.14 in its morning session, adding to the 80 points leaked on Friday.
Aluminium firm Alcoa leads the benchmarks demise, shedding $0.47 to $29.25, despite an upgrade from analysts to ‘buy’ from ‘neutral,’ and a price target increase to $38 from $29.
Fast food chain McDonalds, picks up from where it left off, shedding a further $0.27 to $32.98, after a 4% loss on Friday.
Children’s entertainment brand Disney meanwhile, has advanced $0.24 to $26.IFAonline
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation