Cairn Energy declines with London-listed energy groups

Cairn Energy declines with London-listed energy groups

European equities markets were mixed Monday after the oil sector declined and miners were largely down on the session.

The FTSE 100 was up 0.15 percent to 5,018.85 in London, but the FTSE 250 was down 0.92 percent to 9,123.13.

Three of the five biggest losers on the 100 were in the energy sector, with Cairn Energy (LSE: CNE) down 2.92 percent while BG Group (LSE: BG) fell 2.29 percent and Tullow Oil (LSE: TLW) dropped 2.01 percent.

The FTSE Eurofirst 300 was down 0.31 percent while the Dax fell 0.07 percent to 5,620.24 and the CAC-40 dropped 0.11 percent to 3,730.61 but the IBEX added 0.35 percent to 11,492.6.

Almost all equities markets in the Asia-Pacific region were lower on the session.

In Tokyo the Nikkei 225 fell 2.32 percent to 10,202.06 while the Topix index was down 1.72 percent to 934.05 and the Mothers market dropped 0.32 percent to 461.72.

The Sensex was down 0.31 percent to 16,214.19 while the Kospi fell 1.02 percent to 1,634.91, the Hang Seng was 1.08 percent lower to 20,932.2 and the Taiex dropped 1.09 percent to 7,256.95.

In Australia, the Sydney Ordinaries fell 1.31 percent to 4,536.1 and the S&P/ASX200 was down 1.41 percent to 4,531.1, while the Straits Times Index dropped 1.54 percent to 2,639.74.

On the other hand, the Shanghai Composite was up 1.24 percent to 3,026.74.

New York equities markets were lower in early afternoon trade as the Dow Jones Industrial Average was down 0.24 percent to 9,582.51 at just before 1 p.m. local time while the Nasdaq Composite had dropped 0.02 percent to 2,080.41 and the S&P 500 was 0.07 percent lower to 1,041.98.

Crude oil, grains, and most metals prices were lower, but natural gas prices rose despite high US stockpiles and predictions that most of the US will experience a mild winter.

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