The death of North Korean dictator Kim Jong-il sees Asian markets fall, while the FTSE 100 index also slips in early trading.
Kim Jong-il’s death raises the prospect of uncertainty for Korea and Japan as successor Kim Jong-un becomes leader.
The reaction to the death seemed to filter through to the FTSE 100 which opened slightly lower.
The heaviest faller (at 0806 GMT) was listed hedge fund Man Group, which dropped 1.5% to 125.7p. It was joined at the bottom by companies across a range of sectors.
BP, distributor Bunzl, B&Q owner Kingfisher, and Resolution all dropped by 1.1%. Oil giant BP dropped to 440.7p, Bunzl slipped to 841.5p, Kingfisher fell to 235.9p, and life insurance consolidator Resolution was down to 243.3p.
The biggest riser was Imperial Tobacco Group, rising 1% to 2,349p (at 0805 GMT). Capital Shopping centres rose 0.9% to 293.8p, Investec was up 0.7% to 328.4p, microchip manufacturer Arm Holdings climbed 0.5% higher to 553p, while Eurasian Natural Resources increased by 0.4% to 624.5p.
To receive more relevant articles like this one, why not sign up to our briefings and breaking alerts by clicking here.