London close: Stocks finish in the red

London's leading shares finished in the red by close as Wall Street remained in negative territory. Insurer were down with Friends Provident, Prudential and Legal & General lower while miners Eurasian Natural Resources, Rio Tinto and Vedanta were also down.The banks are in a healthier condition than six months ago, but are still vulnerable to more economic shocks, the Bank of England said in its latest Financial Stability Report. Royal Bank of Scotland perked up on the comments.British Airways is flying high with investors impressed that nearly 7,000 of its staff volunteered for a pay cut while 800 agreed to work for nothing for a month.Satellite broadcaster BSkyB is heading for a legal battle with Ofcom after the media regulator threatened to intervene directly in the next auction of Premier League football rights and to force Sky to make both football and films available to other broadcasters. Drugs giant AstraZeneca and US pharmaceuticals major Bristol-Myers Squibb said their jointly developed treatment for type 2 diabetes has cleared a regulatory hurdle in Europe.Profits tumbled last year at Berkeley but the London and South East -focused housebuilder reports some stability returning to the market in the last three months. Laundry and workwear group Davis Service said revenue in the first five month of the year was ahead of 2008 while operating profit was broadly in line with a strong comparable period, benefiting from favourable foreign exchange translation. Micro Focus eases back on fears that it may have to raise its bid for US software group Borland yet again to see off another potential rival bid.Filtronais going well after the filters group said its overall performance in the year to date has been in line with expectations and its restructuring programmes are progressing well. Port operator Forth Ports said its results for the first half of the year are expected to be in line with last year with the exception of its materials recycling business and its container services business at Tilbury, which have been affected by the downturn. Car dealer Lookers has announced a placing and open offer to raise about £80.7m to help ease its debt position, which has deteriorated amid a severe downturn in car demand.Just Retirement confirmed that Avalon Acquisitions is considering a possible offer for the life assurance group.FTSE 100 - RisersPetrofac Ltd (PFC) 655.00p +4.63%Royal Bank of Scotland Group (RBS) 38.12p +3.74%Marks & Spencer Group (MKS) 312.00p +2.97%Wolseley (WOS) 1,108.00p +2.78%Old Mutual (OML) 78.00p +2.56%Xstrata (XTA) 686.00p +2.51%British Airways (BAY) 129.30p +2.13%3i Group (III) 242.50p +2.00%Johnson Matthey (JMAT) 1,149.00p +1.50%G4S (GFS) 206.00p +1.48%FTSE 100 - FallersInvensys (ISYS) 220.00p -2.44%Sage Group (SGE) 176.50p -2.00%Eurasian Natural Resources (ENRC) 652.00p -1.95%SABMiller (SAB) 1,255.00p -1.88%BT Group (BT.A) 101.20p -1.75%Legal & General Group (LGEN) 56.01p -1.74%Prudential (PRU) 399.25p -1.72%Standard Life (SL.) 180.00p -1.69%Carnival (CCL) 1,613.00p -1.53%Anglo American (AAL) 1,804.00p -1.47%FTSE 250 - RisersDavis Service Group (DVSG) 334.50p +8.25%Filtrona PLC (FLTR) 122.25p +6.77%SEGRO (SGRO) 25.00p +6.38%Peter Hambro Mining (POG) 637.00p +6.17%Northern Foods (NFDS) 55.50p +5.71%Game Group (GMG) 164.00p +5.47%Spectris (SXS) 541.50p +4.54%Fisher (James) & Sons (FSJ) 439.00p +4.52%Domino Printing (DNO) 240.00p +4.35%Logica (LOG) 78.75p +4.30%FTSE 250 - FallersHochschild Mining (HOC) 287.00p -4.33%Ladbrokes (LAD) 178.00p -3.91%Dunelm (DNLM) 206.25p -3.62%Cranswick (CWK) 587.00p -3.61%Kier Group (KIE) 931.00p -3.02%Restaurant Group (RTN) 142.75p -2.89%Hiscox (HSX) 289.75p -2.61%Spirent Communications (SPT) 63.50p -2.31%Millennium & Copthorne Hotels (MLC) 235.00p -2.29%Mouchel Group (MCHL) 163.00p -2.10%