Pressure on London shares is set to continue today after mining stocks fell sharply on Friday to leave the FTSE 100 index below 7,000 for the first time since July.
The latest slide in iron ore prices due to concerns about how much the global economy is slowing contributed to Anglo American finishing 8% lower, with sentiment towards the De Beers owner not helped by a downgrade from analysts at UBS.
There's unlikely to be much respite for investors today, with CMC Markets predicting the FTSE 100 index will open another 53 points lower at 6,910.
The session sees the return of supermarket Morrisons as a blue-chip stock, having seen its valuation propelled to more than £7 billion by an ongoing takeover battle.
The completion of the latest quarterly FTSE reshuffle also sees promotion for aerospace engineer Meggitt after it received a £6.3 billion takeover offer from US firm Parker-Hannifin.
