In the UK the FTSE 100 Index has shed about 3 points to 4,846.50 points in morning trading, paced by Schroders.
The asset management group has shed 19p to 648.50p. The company does not expect to repeat its good performance from its private equity arm in 2004 for this year.
Oil firm BP meanwhile, has advanced 7p to 539p, after crude oil for June delivery increased 1.1% to $56 a barrel in New York.
Shell Transport and Trading company is also up 3.50p to 475.50p.
In Japan the Nikkei 225 Stock Average advanced 0.3% to 11,073.77 at its close early Saturday morning, led by technology firms including Matsushita.
The maker of consumer electronics added 0.3% to 1,531 yen and forecasts doubling of its profits, aided by sales of plasma televisions, according to a newspaper report.
Many of the countries top companies are expected to report financial results this week, including Sony, adding 1.8% to 3,990 yen.
Sharp also increased 1.1% to 1,608 yen, after a stock upgrade. The company is set to report tomorrow.
In the US the Dow Jones Industrial Average shed 60.89 points to 10,157.71 points, at its close late Friday evening, led by Eastman Kodak.
The photography firm shed as much as $2.85 or 10% to $27.55, after posting a second consecutive loss, this time, $142m as it counts the costs of closing plants cutting its workforce jobs.
Boeing shed $1.20 to $57.88.
On the other end of the scale, General Motors profited $0.73 to $26.74, along with McDonalds, up $0.21 to $30.06.IFAonline
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