The FTSE 100 Index has shed 13.4 points to 4,840.7 at its close.
The UK benchmark was eventually led by bank Standard Chartered - whose main listings are held on the London Stock Exchange and in Hong Kong - which closed down 24.50p to 928.5p, after spending $3.3bn on buying Korea’s third largest bank to preserve its position in Asia’s third biggest banking market.
Cairn Energy also shed 22p to 1048p but after a poor start, betting firm William Hill eventually closed up 15.5p to 561p after reporting its punters have done better than the firm might have preferred.
In the US, the Dow Jones has started morning trading in a positive mood.
The benchmark has added 27.34 points to 10,631.30 points led by Altria Group, the parent company of Kraft Foods, up $1.45 to $62.85.
3M Company has also added $0.88 to $83.18.
Genreal Motors, meanwhile, has shed $0.40 to $38.60.
February's crude oil futures have also risen 1.9% to $46.27 a barrel after stormy weather forced Royal Dutch/Shell Group to halt output at a North Sea field.IFAonline
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created