The FTSE 100 Index has broken its three-day run, trading marginally lower this morning by about 13 points to 4,629 points.
Tobacco firm Gallaher group leads the drop, down 9p to 685p.
Shell Transport and Trading has opened lower by 5.25p to 430.25p after good gains yesterday. Royal Dutch/Shell Group announced the merger of its parent companies and boards, and intends to repair investor trust, said chief executive, Jeroen van der Veer.
William Hill is up 6p to 493p, looking for a good end to the week.
Sainsbury is up 5.25p to 264.25p.
Stocks in Asia declined with the benchmark Nikkei 225 index losing 0.75% to 10,771.42 points at close earlier this morning.
China raising interest rates for the first time in nine years has raised concern that demand for commodities in the world's fastest growing major economy will slow.
Nippon Steel, Japan's largest steelmaker, lost 3.1% to 248 yen, after raising its full-year profit forecast yesterday. Rival JFE Holdings declined 2.4% to 2,845 yen. JFE Holdings boosted its estimate in August.
Hitachi Construction Machinery dropped 2% to 1,294 yen. The company gets between 16% and 20% of its sales from China, according to Credit Suisse First Boston.
US stocks ended the day brighter, with the Dow Jones closing marginally higher by 2.51 points to about 10004.54 points.
General Motors, closed the day $0.66 higher at $38.81.
Caterpillar was down $1.27 to $79.53.IFAonline
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