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November 30, 2009 ???? Lloyds Banking Group drops most in London by Elaine Frei European equities markets were lower Monday on concerns about how Dubai’s debt situation will affect the global economy. The FTSE 100 was 1.05 percent lower to 5,190.68 in London, while the FTSE 250 dropped 1.25 percent to 8,918.44. Most banks were lower, led down by Lloyds Banking Group (LSE: LLOY) as a decline of 5.98 percent made it the worst performer in London, while Royal Bank of Scotland (LSE: RBS) was close behind as it dropped 4.45 percent on the session. Miners were mixed, with most lower, but Aquarius Platinum (LSE: AQP) led gainers as it added 5.01 percent, while Eurasian Natural Resources (LSE: ENRC) led gainers on the 100 after Credit Suisse upgraded its shares from “neutral” to “outperform”. Iron ore miner Ferrexpo (LSE: FXPO) dropped 3.1 percent to lead decliners in the sector. The travel and leisure sector was mostly lower, with declines led by Enterprise Inns (LSE: ETI) as it dropped 5.19 percent, but TUI Travel (LSE: TT) added 0.9 percent ahead of its fiscal fourth quarter report, due tomorrow, British Airways added 0.77 percent, and gambling group Ladbrokes (LSE: LAD) led gainers in the sector as it added 3.05 percent. The FSTE Eurofirst 300 was down 1.29 percent to 986.7 while the Dax fell 1.05 percent to 5,625.95, the CAC-40 was 1.11 percent lower to 3,680.15 and the IBEX dropped 1.12 percent to 11,644.7.

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Lloyds Banking Group drops most in London