Morning Markets: Financials drag down FTSE

Financials stocks have dragged the FTSE 100 into the red this morning, down 48.53 points, or 1.11%, t...

Financials stocks have dragged the FTSE 100 into the red this morning, down 48.53 points, or 1.11%, to 4,316.76. Lloyds has seen its share price tumble over the past few sessions after warning shareholders it may be forced by Brussels to sell core businesses. The banking group is down 4.81% to 65.30p so far. Prudential is also among the morning's largest fallers, with is share price declining 3.61% to 427.25p - while Aviva has shed 3.10% to 328.75p. Miners are a support on the index however, with Eurasian Natural Resources up 4.53% to 600p, Xstrata up 1.45% to 665p and Petrofac adding 1...