In London on Thursday, the FTSE 100 dropped 1.02 percent to 6,609.4 and the FTSE 250 was 1.1 percent lower to 11,411.6.

House builders and property developers and investors did poorly on both indices.

Investor and developer Brixton (LSE: BXTN) was down 4.42 percent to 345.75p, while Hammerson (LSE: HMSO) was 4.74 percent lower to £10.66.

Quintain Estates & Development (LSE: QED) dropped 4.87 percent to 673.5p and St. Modwen Properties (LSE: SMP) fell 4.9 percent to 480.75p.

Builder and developer Barratt Developments (LSE: BDEV) was down 5.12 percent to 658.5 while Taylor Wimpey (LSE: TW) dropped 5.15 percent to 253.25.

In addition, building materials group Wolseley (LSE: WOS) was 4.57 percent lower to 786p.

The biggest loser on the 100, however, was consumer electronics retailer DSG International (LSE: DSGI), which fell 8.75 percent to 124.1p after it reported that first half profits were hurt by poor sales.

Elsewhere in the retail sector, sporting goods retailer Sports Direct (LSE: SPD) dropped 5.11 percent to 148.5p.

Medical devices manufacturer Smith & Nephew (LSE: SN) turned in the best performance on the 100 with a gain of 2.67 percent to 615p.

Other gainers included beverage cans maker Rexam (LSE: REX), which was up 1.99 percent to 538p and pubs operator Mitchells & Butlers (LSE: MAB) with a gain of 1.58 percent to 641p.

In London on Wednesday, the FTSE 100 was up 0.49 percent to 6,132.2 and the FTSE 250 added 0.91 percent to 10,891.9.

Hotels and restaurants operator Whitbread (LSE: WTB) had the best day on the 100 as it added 3.47 percent to £16.12.

The gains came on news that revenues were up 6.6 percent in the six months ending 16 August and were 8 percent higher in its fiscal second quarter.

Water utilities were right behind. Severn Trent (LSE: SVT) was 2.84 percent higher to £13.42, while Kelda Group (LSE: KEL) added 3.15 percent to 852p.

Insurers were mixed, however, with Standard Life (LSE: SLET) up 2.11 percent to 290p but Aviva (LSE: AV) down 0.99 percent to 698p.

Property developers and house builders were down on the session. Barratt Developments (LSE: BDEV) fell 0.66 percent to 905p, while Persimmon dropped 0.77 percent to £11.55.

Beverage can manufacturer Rexam (LSE: REX), down 1.35 percent to 511p had the worst day on the 100.

The worst performer on the 250 was in the financial services sector, where Bluebay (LSE: BBAY) was 4.76 percent lower to 395p.

PartyGaming (LSE: PRTY) had the best day on the 250, where it gained 23.08 percent to 28p after a more than 7 percent decline Tuesday.

Markets in London were lower as well, with the FTSE 100 down 1.21 percent to 6,143.5 and the FTSE 250 at 10,998.6, a decline of 1.52 percent.

Food retailer Wm Morrison (LSE: MRW) was 2.8 percent lower to 258.5p after it removed sliced cold meats from two stores in Scotland after an outbreak of E. coli that resulted in one death.

Miners were mixed on the day.

Lonmin (LSE: LMI) led gainers on the 100 as it added 1.7 percent to £31.14, but Rio Tinto (LSE: RIO) fell 1.4 percent to £31.75 and BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) was 3.71 percent lower to £12.98.

The worst performance on the 100 came from publisher Yell Group (LSE: YELL), which was down 3.81 percent to 454.4p.

Beverage can maker Rexam (LSE: REX) dropped 3.54 percent to 504.5p, while chemicals group Johnson Matthey fell 3.73 percent to £16.27.

Two other individuals were reported to be in hospital.

Decliners on the 250 included property developer Daejan Holdings (LSE: DJAN), which was down 5.56 percent to £34.00.

Construction firm Kier Group (LSE: KIE) had the worst day on the 250, with a decline of 6.15 percent to £18.76.

British Airways was 0.5 percent higher on the 100 to 403p.

Human resources specialist Capita Group (LSE: CPI) added 0.75 percent to 739p, while in the telecommunications sector BT Group (LSE: BT.A; NYSE: BT) gained 0.81 percent to 310.5p.

Brewer Scottish & Newcastle (LSE: SCTN) was 1.31 percent higher to 580p on the possibility that it could be acquired by Danish brewer Carlsberg (OMX: CARL A, CARL B), which has been reported to have said it is in the market to purchase another beer maker.

Neither Carlsberg nor Scottish & Newcastle would comment on the reports.

The London equities markets were slightly higher on Thursday on a slow trading day in which 2 billion shares traded hands. The FTSE 100 was 0.2 percent higher to 5,869, while the FTSE 250 gained even less, rising 0.1 percent to 9,459.9.

Among gainers on the day was Carphone Warehouse, which added 2.4 percent to 268¼p on an upgrade to “outperform” from Morgan Stanley on valuation issues. Also advancing on the day was beverage-can manufacturer Rexam, which added 7.5 percent to 549½p after its interim results were much better than rumor had suggested they would be. PayPoint, which operates electronic bill-pay terminals added 10.6 percent to 619½p on the strength of an upgrade from UBS on Wednesday.

Property developer Minerva added 5.1 percent to 280p, for one of the day’s best results on the 250, after an upgrade to “buy” from Merrill Lynch, based on an annual report that is anticipated to be positive. The report is due out next month.

Losers on the day included Rentokil Initial, down 4.7 percent to 152¼p after it warned that its largest division will not meet forecasts this year. William Morrison dropped 0.8 percent to 216p on a disappointing result in the TNS market share survey covering the four weeks that ended August 13.

Both the FTSE 100 and FTSE 250 were lower in London on Wednesday. The 100 dropped 0.7 percent to 5,860.0, while the 200 was 0.4 percent lower to 9.454.2.

Miners were mixed on the session. Anglo American fell 3.6 percent to £23.80 after its shares went ex-dividend, while BHP Billiton dropped 4 percent to £10.14 on a weak annual report. Xstrata, however, added 0.7 percent to £22.65 after it was said that it might not have to resort to a huge rights issue in order to fund its purchase of Canadian miner Falconbridge.

High raw materials costs were blamed for the 1.5 percent decline to 511p for drinks can manufacturer Rexam, which uses aluminium in its products. The retreat came ahead of an earnings report scheduled to be released later today.

In the retail sector, Debenhams was 1.8 percent lower to 179½p on rumors that clothing sales are down for the department stores group.

Bucking the general trend downward was Regal Petroleum. The oil exploration group added 5.6 percent to 118p on news that the company’s legal woes in the Ukraine might be on the way to being solved as well as on the possibility of good news from its current exploration project in Egypt.