London close: Another slide for FTSE 100

Stocks were on the slide Monday, giving up many of last week's gains, with banks bearing the brunt of the selling.Bank shares fell back after a report that the ratings agency Moody's is set to lower its ratings on Lloyds, RBS and other British banks. Sky News reported over the weekend that Moody's is awaiting the Independent Commission on Banking's (ICB) report on September 12, which is expected to recommend the imposition of robust firewalls and more stringent capital requirements. Concerns overthe multi-billion pound legal case regarding the subprime mortgage crisis in the US also did not help.In the retail sector Currys and PC World owner Dixons Retail and Argos and Homebase firm Home Retail, which is due to update on trading later this week, are under the cosh, not helped by some poor sales figures for August from accountancy firm BDO.Insulation products supplier Superglass tumbled after it warned that company expectations for the year are slightly reduced from the trading update in June as market weakness and cost pressures continue to affect margins.Kofax fell as it reported a 12% increase in total revenues to $243.9m (£151m) in the year ended 30 June, just shy of the $244-246m range the company expected.West African focused-gold miner Cluff Gold was a rare riser as it announced a significant increase in the resource estimate for its wholly owned Baomahun Gold Project in Sierra Leone.Shares in DDD leapt out of the screen after the 2D to 3D image conversion specialist said it had signed a five year licence agreement with a "leading PC maker." The agreement is for DDD's TriDef software, which allows PC games to be played in 3D even though they haven't been specifically developed for the purpose, to be "bundled" with the PC maker's new line of 3D products. Ladies outfitter Alexon said it is in takeover talks as it issued another profit warning. Alexon, which owns the Ann Harvey and Kaliko brands, said sales in August fell short of expectations. Sales in the first three weeks of the month were down by 9% on a like-for-like basis against the same period the previous year. Shares in Botswana Diamonds fell by over a tenth on Monday after the firm revealed disappointments in its operations in the Orapa Region, Botswana. Bulk sampling on AK8 on the PL04/2002 licence showed that diamond values are too low to make the kimberlite commercial at the current grade. FTSE 100 - RisersRandgold Resources Ltd. (RRS) 6,735.00p +0.97%Autonomy Corporation (AU.) 2,519.00p -0.24%ICAP (IAP) 462.90p -0.79%Investec (INVP) 419.60p -1.36%International Power (IPR) 322.20p -1.41%United Utilities Group (UU.) 583.50p -1.44%Severn Trent (SVT) 1,420.00p -1.46%National Grid (NG.) 609.00p -1.62%Land Securities Group (LAND) 721.00p -1.70%Capita Group (CPI) 698.50p -1.76%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 21.78p -12.32%Lloyds Banking Group (LLOY) 30.65p -7.46%Barclays (BARC) 154.15p -6.69%Legal & General Group (LGEN) 94.55p -6.29%Xstrata (XTA) 957.40p -6.00%IMI (IMI) 805.00p -5.63%Aviva (AV.) 307.10p -5.54%GKN (GKN) 181.20p -5.48%Prudential (PRU) 564.50p -5.44%Standard Chartered (STAN) 1,299.50p -5.39%FTSE 250 - RisersPerform Group (PER) 173.10p +4.91%Berkeley Group Holdings (BKG) 1,236.00p +4.83%BH Global Ltd. USD Shares (BHGU) 11.59 +1.67%Daejan Holdings (DJAN) 2,493.00p +1.34%Devro (DVO) 254.30p +1.27%Dignity (DTY) 769.00p +1.25%BH Global Ltd. GBP Shares (BHGG) 1,163.00p +1.13%BH Macro Ltd. GBP Shares (BHMG) 1,990.00p +0.96%Phoenix Group Holdings (DI) (PHNX) 529.00p +0.76%Betfair Group (BET) 628.00p +0.72%FTSE 250 - FallersKofax (KFX) 274.50p -17.07%International Personal Finance (IPF) 237.70p -11.17%EnQuest (ENQ) 96.55p -10.35%Enterprise Inns (ETI) 34.91p -9.06%Kenmare Resources (KMR) 40.05p -8.56%Dixons Retail (DXNS) 11.00p -8.10%Home Retail Group (HOME) 115.00p -7.48%Talvivaara Mining Company (TALV) 312.20p -7.36%Bwin.party Digital Entertainment (BPTY) 110.90p -7.20%Thomas Cook Group (TCG) 38.46p -7.15%