Banks and miners continue FTSE fall

London Stock ExchangeMarket sentiment has continued to cool as the FTSE 100 Index gave up more of the gains seen after last week's stimulus measures from the US Federal Reserve.

London's top flight set a new six-month high on Friday but was off 40.5 points at 5852.9 on Tuesday morning as banks and miners drove the benchmark index lower.%VIRTUAL-SkimlinksPromo%
Notable fallers included Barclays after a decline of 8.4p to 219.3p, while Royal Bank of Scotland's recent improvement continued to fade from view as the stock fell for a second successive session, off 9.5p to 264.85p.
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Insurer Aviva was the biggest FTSE 100 faller, down 16.1p to 343.1p, after Bank of America Merrill Lynch said the shares looked to have run their course following a decent performance since July.

In corporate news, Debenhams stole the limelight after surprising City analysts with a 3.7% rise in underlying sales for the 10 weeks to September 1.

The department store chain has benefited from a 40% jump in online sales, although with most analysts leaving their profits forecasts unchanged for the timebeing the shares were flat at 99.2p.

JD Sports Fashion was 3.5p lower at 728p after it reported a big fall in half-year profits due to the impact of struggling Blacks Leisure, which it acquired in January. JD expects Blacks to break even in the second half, while its core sports brands have continued to post robust trading.

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