The FTSE 100 fell to a five-month low as trading commenced on Monday, driven by global concerns over a potential slowdown in the US economy.
Shares of Rolls-Royce experienced a decline, partially reversing last week's gains following reports that the company is considering selling a stake in its mini nuclear power division. Other notable fallers included Melrose, Entain, Barclays, and NatWest, as the global sell-off, triggered by Friday’s weak US job report, continued.
Separately, Wingstop (NASDAQ:WING), a chicken chain, has engaged Goldman Sachs to assist in finding prospective buyers for its UK operations. Additionally, Air Astana (LSE:AIRA), which recently debuted in London, saw its shares slip despite announcing record half-year passenger figures, bolstered by its Chinese routes.