The FTSE 100 Index fell 14.20 points, or 0.23%, to 6,194 points today, led by a poor performance from the mining sector.
Antofagasta fell 5.36% to £4.86 after copper futures fell to a five-month low.
Xstrata also lost 4.49% to £21.92, Vedanta Resources dropped 4.61% to £13.67 and Rio Tinto slumped 3.99% to £27.65.
Cairn Energy fell 2.85% to £19.07 and BP dropped 1.34% to £5.90 as crude prices continued to decline following last week’s news of a sharp rise in energy stocks.
Meanwhile, life insurer Resolution rose 5.12% to £6.67 after it confirmed it was in discussions with various parties concerning a wide range of possible transactions, including a possible offer for the group.
Reports over the weekend suggested Resolution had held talks with Prudential and Standard Life regarding a possible merger over the last few months.
Prudential rose 2.12% to £6.51 and Standard Life advanced 0.35% to £2.87.
In the US, the Dow Jones industrial average is up 27.21 points, or 0.22%, at 12,135.64 points, as a drop in oil prices offsets caution ahead of key inflation and retail data this week.
General Electric has risen 0.7% to $35.42 after Citigroup added the stock to its recommended list.
United Technologies up 0.9% to $65.63 after crude oil prices fell 94 cents a barrel to $58.65.IFAonline
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