(12PressRelease.com) British shares fell on Monday, concern about the turmoil in Egypt contributed to the losses of the main sectors, only a handful of stock management and carry on earnings.
The FTSE 100 UKX (UK: UKX 5866, -15.34, -0.26%) fell 0.8% to 5,836.41, with fallers bands outnumbered 19 to one.
Bank shares were among the biggest decline, reflecting a trend in the rest of Europe.
Shares of Barclays PLC (UK: BARC 292.90, -5.30, -1.78%) (BCS 18.69, -0.47, -2.45%) fell by 2.5% and Royal Bank of Scotland Group (UK: RBS 41.82, -0.88, -2.06%) (RBS 13.42, -0.34, -2.47%) fell by 2.8%.
Crude oil prices continued to rally in the fear that supplies could be interrupted, but oil stocks mostly fell, BP PLC (UK: BP 486.00, -0.80, -0.16.) (BP 46.18, -0.03, -0, 07%) (BP 46.18, -0.03, -0.07%) fell by 0.8%.
The volatile mining sector also lost ground. Shares of Vedanta Resources PLC (UK: VED 2260, -31.00, -1.35%) were among the hardest hit, falling 2.4%.
Flight and travel group stocks were also lower middle concerns the impact of rising oil prices and disruption of travel.
International Airlines Consolidated Bay (UK: IAG 257.90, -3.10, -1.19%), which was formed by the merger between British Airways and Iberia, fell 2.8% TUI Travel (UK: TT 252., 30, -7.50, -2.89%) fell by 2.7% and Thomas Cook Group PLC (UK: TCG 192.20, -4.40, -2.24%) sank 4%.
Tour operators TUI and Thomas Cook have begun to cancel two flights to the Egyptian city of Luxor on Monday after the UK government changed its travel advice.
Of these, only a handful of risers is the FTSE 100, Royal Dutch Shell PLC (UK: RDSA 2217, 14.50, 0.66%) (RDS.A 70.28, -0.44, -0.62% ) was 0.4%, in contrast with oil stocks after it was revised to improve neutral at Credit Suisse.
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