The FTSE 100 Index fell 27 points, or 0.45%, to 6,022 points today as Wall Street tumbled on a key manufacturing report, which came in at its lowest level since April 2003.
Prudential fell 0.53% to £6.57 despite comments from the head of its Asian operation he expects the life business in Asia to at least double profit from new business in the next three years.
Anglo American fell 0.42% to £23.52, BHP Billiton dropped 0.73% to £9.58 and Rio Tinto declined 0.11% to £27.12.
Cairn Energy was the top performer, up 4.42% to £20.57, as it benefited from high crude prices and the looming flotation of its Indian business.
Xstrata gained 2.02% to £23.26 as Goldman Sachs kept its “buy” advice on the shares and lifted its price target to £39.66 from £30.25.
In the US the Dow Jones Industrial Average is down 74.11 points, or 0.6%, at 12,147.82.
Stocks have fallen after a report showed manufacturing unexpectedly contracted for the first time in more than three years and a measure of inflation jumped.
Caterpillar the world's largest maker of earthmoving equipment, and Intel, the biggest maker of semiconductors, have led the declines. Caterpillar is down 94 cents to $61.09, while Intel has fallen 41 cents to $20.99.
The Institute for Supply Management's factory index declined to 49.5, from 51.2 in October. A reading below 50 signals contraction.
Energy shares including Exxon Mobil have dropped as concern have grown that US demand for energy will wane amid a slowing economy sending oil prices down from a two-month high.
Crude-oil futures have declined 1.4% to $62.24 a barrel in New York. Exxon is down 50 cents to $76.31. Hess, the fifth-biggest US oil company, has dropped 93 cents to $49.34 while Apache, an oil and natural-gas producer that operates on five continents has declined $1.58 to $58.35.
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