Apprehension over US election leads FTSE 100 lower

The blue chip index was trading down this morning, as investors awaited the outcome of a tightly-fought US election.

Miners weighed on the main share index this morning, while ITV also sustained losses.

On the FTSE All-Share, data centre provider Telecity fell almost 8.5 per cent in early deals despite reporting robust trading across its markets this morning.

Finnish miner Talvivaara sank 5.69 per cent, as it said it had shut down a metals plant in Sotkamo thanks to a waste water leak.

Fellow miner Bumi fell 3.64 per cent, as it confirmed it had received an alternative proposal for the group from co-founder Nat Rothschild.

Electrical retailer Dixons, after rising on the index last week, fell 4.18 per cent.

Media company ITV was the biggest faller on the FTSE 100, shedding 2.79 per cent.

At the other end of the spectrum, gold miner Centamin added 13.22 per cent, as it said this morning it was confident its licence to mine gold in Egypt is valid.

Engineering firm Weir Group rose 3.83 per cent in early deals, as it said this morning it would deliver double-digit profit growth this year.

Electrical connections specialist Volex added 3.77 per cent in early trading.

Performance materials group Low & Bonar rose 3.1 per cent.

UK banking shares suffered in early deals. HSBC fell 1.85 per cent as it upped its provision for a potential US fine. RBS sank 1.28 per cent, Barclays fell 1.56 per cent and Lloyds Banking Group dropped 2.48 per cent.

In Asia, the Nikkei closed down 0.48 per cent and the Dow Jones in the US closed down 1.05 per cent.