Profit taking sends FTSE lower

The FTSE 100 has risen for five of the last six days and investors are now looking to bank profits on the advance. Homebuilder Persimmon fell 1.25% to 1,260p, despite saying it has integrated its acquisition of Westbury ahead of expectations as it announced a strong set of first half results. Mining shares gave up much of their earlier advance after traders banked profits in the sector following their strong run. Rio Tinto fell 0.47% to 2,743p, while BHP Billiton ended up 0.57% at 1,056p and Antofagasta added 0.52% to 438p. Financials stocks gave a mixed performance, with Schroders ...