London’s markets also declined, with the FTSE 100 down 1.07 percent to 6,396.9 and the FTSE 250 closing at 10,853.2, a drop of 1.7 percent.

Miners dropped as metals prices declined.

Vedanta Resources (LSE: VED) had the worst day on the 100 as it fell 6.49 percent to £20.90, while Antofagasta (LSE: ANTO) dropped 6.35 percent to 789.5p and Lonmin (LSE: LMI) was 5.35 percent lower to £32.02.

Northern Rock (LSE: NRK) had another down day, falling 5.17 percent to 163.10 as it said it won’t pay a dividend it had promised to investors.

House builder Taylor Wimpey (LSE: TW) was down 5.72 percent to 255.5p.

Property developer Hammerson (LSE: HMSO), on the other hand, added 1.06 percent to £11.40.

Electric power transmitter National Grid (LSE: NG) had the best day on the 100 with a gain of 2.5 percent to 780p, while Scottish & Southern Energy (LSE: SSE; OTC: SSEZY) added 1.38 percent to £14.73.

Over on the 250, electricity generator Drax Group (LSE: DRX) was 2.38 percent higher to 602p.

Natural gas utility Wellstream (LSE:WSM) gained 10.79 percent to 770p for the best day on the 250.

Construction groups were mixed.

Alfred McAlpine (LSE: MCA) was up 2.83 percent to 449.5p but Severfield-Rowen (LSE: SFR) was 6.65 percent lower to £21.05.

In London on Wednesday, the FTSE 100 added 1.81 percent to 6,196 and the FTSE 250 was up 2.55 percent to 10,910.7.

Miners were higher on the day after BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) announced that its underlying profit was up 35 percent in the full year on increased demand from China and on higher commodity prices.

BHP was 4.92 percent higher to £13.65, taking other miners with it.

Anglo-American (LSE: AAL) was up 4.68 percent to £27.52, while Antofagasta (LSE: ANTO) gained 6.19 percent to 694.5p and Rio Tinto (LSE: RIO) added 6.81 percent to £32.80 and Lonmin (LSE: LMI) jumped 7.22 percnet to £31.77.

Pubs operator Punch Taverns (LSE: PUB) added 6.4 percent to £10.39 on positive broker comment.

Rivals Mitchells & Butlers (LSE: MAB) and Enterprise Inns (LSE: ETI) were also higher, gaining 3.8 percent to 704p and 5.8 percent to 611p respectively.

Some banks also saw gains. HSBC (LSE: HSBA; NYSE: HBC; Euronext: HSBC; SEHK: 005) was up 1.2 percent to 907p after it said it will close an office in Indiana next year and will eliminate 600 jobs on account of subprime problems.

Standard Chartered (LSE: STAN; SEHK: 2888) gained 2.2 percent to £15.75, while Northern Rock (LSE: NRK) added 3.7 percent to 728p.

Construction-related shares did well on the 250.

Construction engineering firm Keller Group (LSE: KLR) added 6.88 percent to 987p.

Atkins (LSE: ATK), which offers construction management and consulting services, was up 8.61 percent to £10.28, while builder Severfield-Rowen (LSE: SFR) was the best perfomrer of the day on the 250 as it gained 8.83 percent to £22.68.

The oil sector was mixed.

JKX Oil & Gas (LSE: JKX) had the worst day on the 250, falling 4.25 percent to 354.75.

On the other hand, Tullow Oil (LSE: TLW; OTC: TUWLY) was 4.4 percent higher to 483p after it said it had made a “significant” discovery offshore near Ghana.

The worst performer on the 100 was Scottish & Southern Energy (LSE: SSE) with a drop of 2.94 percent to £13.85.

In the telecommunications sector, Vodafone (LSE: VOD; NYSE: VOD; FWB: VOD) was 0.26 percent lower to 156p, while BT Group (LSE: BT.A; NYSE: BT) dropped 2.24 percent to 305p.

In the retail sector, DSG International (LSE: DSGI) was down 0.63 percent to 159p.

In London on Monday the FTSE 100 added 0.24 percent to 6,078.7 while the FTSE 250 was 0.16 percent higher to 10,703.8.

Power generators had a good day in London.

Drax Group (LSE: DRX) gained 1.9 percent to 634.5p, while electricity generator British Energy (LSE: BGY) was up 4.58 percent to 451.25p for the best performance on the 100.

Electricity transmitter Scottish & Southern Energy (LSE: SSE) was 1.7 percent higher to £14.44.

Miners also did well after metals prices advanced.

Rio Tinto (LSE: RIO) gained 3.22 percent to £30.78, while Kazakhmys (LSE: KAZ) added 4 percent to £11.70 and BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) was 4.17 percent higher to £12.75.

The aerospace sector was up with BAE Systems (LSE: BA; OTCBB; BAESY) 3.48 percent higher to 431p and Meggitt (LSE: MGGT) adding 4.73 percent to 298.75p.

The best performer on the 250 was care homes operator Southern Cross Healthcare (LSE: SCHE), which gained 6.93 percent to 470.5p.

Insurers were mixed.

Prudential (LSE: PRU; NYSE: PUK) was up 1.1 percent to 657.5p, but Old Mutual (LSE: OML; JSE: OLOML) dropped 2.16 percent to 149.4p.

Property developers and investors were lower on the session.

British Land (LSE: BLND) had the worst day on the 100 as it fell 3.46 percent to £11.98. SEGRO (LSE: SGRO) fell 2.66 percent to 513p, while Daejan Holdings dropped 4.86 percent on the 250 to £33.30.

Publisher Reed Elsevier (LSE: REL; Euronext: REN; NYSE: ENL; NYSE: RUK) dropped 2.61 to 578p.

Trade in the London equities markets was slow again on Tuesday, as only 2.6 billion shares changed hands on the session. Still, both the FTSE 100 and FTSE 250 saw gains on the day. The 100 added just 0.03 percent to 6,242, while the 200 was 0.2 percent higher to 11,131.

The energy sector was mixed. Reports that it was having problems at two of its nuclear power stations sent British Energy 3.9 percent lower to 444p, amid further reports that it is being hurt by dropping wholesale prices for power. Bids rumors helped Scottish & Southern Energy to hold steady at £14.75, while Drax Group added 2.2 percent to 690½p as investors hoped for higher dividends.

J Sainsbury added 0.6 percent to 435p on rumors that a private equity house could be considering a bid. Numis Securities repeated its “buy” recommendation on the supermarket and said that the value of its properties could be an attraction.

In the food and beverages sector, Cadbury Schweppes added 1.4 percent to 576½p on multiple rumors that included the possibility of a bid from private equity and a spin off of its soft drinks unit.

Medical devices manufacturer Smith & Nephew was 1.8 percent higher to 577½p ahead of its full-year report, due next week. Analysts said that it was helped by good reports from US rivals Zimmer and Stryker.

Vodafone dropped 1.3 percent to 147p ahead of a trading update, due Wednesday.

London equities markets were lower on Tuesday, with the FTSE 100 dropping 0.8 percent to 6,215.7 and the FTSE 250 falling 0.7 percent to 11,124.5.

The tobacco sector was mixed on bids rumors. Gallaher was 0.3 percent higher to £11.38 after it was said that Japan Tobacco could be working to purchase more stock. After the close these rumors were borne out as Japan Tobacco said it had added 6.3 million additional shares. Imperial Tobacco, however, dropped 0.5 percent to £20.99, hurt by a report that it would bid for Spanish cigarette maker Altadis sometime during the year.

There were mixed results in the energy sector as well. Scottish Power was 0.1 percent higher, to 742½p. Scottish & Southern Energy added 2.2 percent to £15.60 for the largest gain of the session on the 100. Both gains came amid bids rumors. Two other energy companies were lower on the session even though they are seen as more likely targets. Kelda dropped 0.1 percent to 926½p, while Centrica fell 0.8 percent to 355¼p.

In the retail sector, Kingfisher dropped 2.1 percent to 232½p on a downgrade of its long-term credit rating by Standard & Poor’s and a lowered earnings estimate from Lehman Brothers. J. Sainsbury, on the other hand, added 0.8 percent to 424½p on rumors that Lord Sainsbury of Turnville’s 15 percent stake in the supermarket is the target of a financial buyer.

In London on Wednesday, equities markets were higher in reaction to gains in the Dow Jones Industrial Average in New York. The FTSE 100 added 1 percent to 5,930.1, while the FTSE 250 was up 0.7 percent to 9,911.9.

Miners were up on the session after comments from Deutsche Bank that recent declines were larger than were warranted. BHP Billiton and Antofagasta each gained 3.4 percent, to 921p and 448½p respectively, while Anglo American added 3.6 percent to £22.20.

Pallet maker Brambles Industries added 1 percent to 468p in heaving trading after it gained 3.5 percent in overnight trading in Australia on bids rumors.

Utilities in the UK were higher on mergers and acquisitions activity in Europe. Drax Group was 2.7 percent higher to 836½p, while British Energy added 3 percent to 448½p and Scottish & Southern Energy was 3/5 percent higher to £13.10.

Construction materials company Hanson dropped 1.2 percent to 721p even though ABN Amro repeated its “buy” recommendation and set a target share price of £10.60 and despite recent rumors that Mexican cement company Cemex is preparing to bid. The decline was attributed to profit-taking after recent gains of 10 percent on the deal rumors.

London equities markets were lower again on Thursday as the FTSE 100 was down 1.2 percent to 5,858.1, brining its points loss to 123.6 in two days. The FTSE 250 dropped 1.3 percent to 9,576.1.

A good portion of the losses on the 250 were due to declines in the engineering sector. Bodycote International dropped 4.6 percent to 222¼p, while Invensys fell 4.7 percent to 190p and FKI was 5.9 percent lower to 91¼p. all these declines were triggered by a profits warning from automobile and construction group Tomkins, down 14.7 percent to 241¼p.

Plumbing and building materials group Wolseley dropped 3 percent to £11.15, hurt by a profits warning issued by US homebuilder KB Home.

Online gambler PartyGaming was 9.8 percent lower to 105¾p on the news that the chairman of Sportingbet had been detained by authorities in New York. Sportingbet trade is still suspended at 239p.

Among gainers on the day were Scottish & Southern Energy, up 1.2 percent to £12.30, after an upgrade to “buy” from Citigroup, which set a target share price of £13.50 for the utility. Among the reasons cited for the upgrade was the belief that Scottish & Southern’s decision not to set higher gas prices will pay off soon.

London equities markets were up on Tuesday, but just barely, with the FTSE 100 adding 0.08 percent to 5,918.7 and the FTSE 250 gaining 0.01 percent to 9,761 in a late rally that brought both indices up from earlier declines. Volume was a bit higher at 2.8 billion shares trading hands during the session.

The oil sector was helped higher on the day by bid rumors. Royal Dutch Shell was said to be interested in bidding for both BG Group, which added 0.9 percent to 690½p, and for Premier Oil, which ended the session 2.1 percent higher to £10.65. Royal Dutch Shell itself gained 0.1 percent to £18.96.

Utilities ended the session lower, with the exception of Centrica, which owns British Gas. Centrica added 1.9 percent to 308¼p even though Gazprom denied rumors that it was interested in making a bid. Vattenfall has also been said to be interested. Elsewhere in the sector, Scottish & Southern dropped 0.4 percent to £12.21, while Scottish Power was 0.5 percent lower to 625½p and United Utilities fell 0.7 percent to 685½p.

In the retail sector, Next was 0.6 percent higher to £16.67 after Man Securities recommended that its clients buy on the strength of a prediction that margins will increase even if sales decline. Meanwhile, DSG International gained 0.9 percent to 209¾p on positive comments from Merrill Lynch.

Among miners, Kazakhmys added 3.4 percent to £13.31 on a repot that its half-year report will show operating profits up by 121 percent.

Both the FTSE 100 and the FTSE 250 were lower in London on Tuesday as the online gaming sector saw further losses. Also affecting investor sentiment was a report that inflation in the UK was up more than had been expected, which could in turn lead to a hike in interest rates from the Bank of England.

The 100 was 0.3 percent lower on the session to 5,681.7, bringing its losses to 3 percent in the past four days. Meanwhile, the 250 dropped 0.5 percent to 8,968.8.

The utilities sector had a good day, however. Kelda Group gained 4.2 percent to 844p on bids rumors. Kelda has added 7.1 percent in three sessions. Severn Trent was up 2.2 percent to £12.21, while Pennon Group advanced by 2.1 percent to £13.99. United Utilities added 1.7 percent to 637p on an upgrade to “buy” from Dresdner Kleinwort. Scottish & Southern was up 1.6 percent to £11.66.

Also seeing an advance was British American Tobacco, up 1.5 percent to £13.70 on a “buy” recommendation from JP Morgan.

BSkyB was down 4.3 percent to 517½p as investors worried about the satellite broadcaster’s plan to spend £400 million on its new broadband offering.

The online gaming sector was hit hard by the news that a grand jury in the United States had field charges against BetOnSports. Traing in BetOnSports shares was suspended at 122½p. 888 Holdings dropped 12.7 percent to 168½p, while PartyGaming fell 17.2 percent to 85¼p, SportingBet declined 35.5 percent to 182p, and World Gaming was down 38 percent to 69½p.

Both the FTSE 100 and FTSE 250 were lower in London on Tuesday. Among the circumstances leading to the declines were word of terrorist bombings in Mumbai and a slow start for the markets in New York. The FTSE 100 dropped 0.6 percent to 5,857.3, while the FTSE 250 fell by 0.7 percent to 9,320.3.

Companies with exposure in India were hurt by news that terrorists had bombed several train stations and trains in Mumbai, with considerable loss of life. Vedanta Resources declined by 1.6 percent to £13.70, while Cairn Energy was down 2.3 percent to £20.85 and Standard Chartered dropped 2.7 percent to £12.87.

There were big losses in the semiconductor sector, as Wolfson Microelectronics fell 13.2 percent to 386¼p, for the largest decline on the 250, on speculation that its second-quarter report could contain less than positive news. Elsewhere in the sector, wireless chip designer CSR declined by 7.5 percent to £11.

Among banks, Barclays lost 1.4 percent to 609p on rumors that it has received a broker downgrade due to slow growth in its investment banking unit.

There were few stocks in the black for the day. In the retail sector, Marks & Spencer added 0.3 percent to 585p on a first-quarter trading update that was in line with expectations. Pubs group Enterprise Inns gained 0.4 percent to 958p, while Scottish & Southern Energy gained 0.7 percent to £11.80.