The benchmark FTSE 100 has so far lost about 15 points to 4,490 after UK stocks commenced this monring's trading on a mixed note.
Lloyds TSB fell 7p to 429.5p. The bank said its net interest margin, which measures the profitability of lending, shrunk to 2.97% in the first quarter from 3.03% in the second half of 2003.
Royal & Sun Alliance rose 3p to 84p after the insurer yesterday revealed it is in talks to sell its UK life-insurance business.
In Asia, Tokyo's Nikkei 225 index gained 218.08 points to 11,600.16 earlier today, while Hong Kong's Hang Seng fell 22.51 points to 11,833.04.
On Wall Street, trading ended up last week as the Dow Jones Industrial Average index gained 38.89 points to 10,416.41 by the close.
The S&P 500 index rose 2.97 points to 1,135.02, and Nasdaq's Composite index ended up 3.06 points to 1,986.73.IFAonline
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From 1 March