Oil and Gas, as well as Industrial Metals names were under pressure at the start of the month following the release of weaker-than-expected readings on Chinese manufacturing during the month of July.
European stocks were mostly higher at the start of August, even as investors digested weak manufacturing data for the eurozone and China.
London stocks turned negative by the end of trading on Monday, as geopolitical jitters around China and Taiwan spooked investors in late trading.
Financial markets' focus on Tuesday is likely to be on speeches from the heads of the Federal Reserve banks of Chicago and St. Louis at 1500 BST and 2345 BST, respectively.
Low-cost housebuilder MJ Gleeson was at the top of the list of director deals on Monday, after a company run by one of its non-executive directors bought more than £2. 5m worth of shares.
HSBC on Monday reported a fall in first-half profits but pledged to resume quarterly dividends next year as its annual outlook remained positive.
Analysts at Berenberg raised their target price on lender NatWest from 300. 0p to 350. 0p on Monday, stating the group's second-quarter results had provided "a valuable glance" at its "attractive" return prospects.
The FTSE 100 was flat at 7,422. 88 at 1530 BST.
Factory sector activity in the US held up better than expected last month, the results of a key survey revealed.
The FTSE 250 (MCX) was down 0. 64% at 20,036. 58 at 1500 BST.
Wall Street stocks were mixed early on Monday as Chinese data and comments from the Fed's Neel Kashkari were in focus at the bell.
Shares in Quilter jumped on Monday after reports that NatWest is in the early stages of studying a bid for the wealth management firm.
Analysts at Bank of America nudged their target price for shares of HSBC higher, from 751. 0p to 760. 0p, and reiterated their 'buy' recommendation after the lender guided towards a larger-than-expected dividend payout in 2023.
London shares were modestly higher shortly after midday with the buying seen across July having carried over into the start of the month.
Digital imaging and sensing technology company SDI announced the acquisition of UK-based sterilisation and decontamination equipment manufacturer LTE Scientific for total consideration of £4. 2m on Monday, net of excess cash acquired.
Connected health technology developer Trellus Health announced the appointment of Stephen ‘Steve’ Young as its interim chief financial officer on Monday, with immediate effect.
Medical cannabis, health and wellness investor Seed Innovations has invested £0. 17m in Clean Food Group, a UK-based cellular agriculture company focused on the commercialisation of palm oil by fermentation, it announced on Monday.
Computational drug discovery and development company e-therapeutics announced the filing of eight further patent applications in the United States on Monday, to protect innovation arising from its proprietary ‘GalNAc-siRNA’ technology.
Property and financial services franchise Belvoir Group said in an update on Monday that group revenue in its first half increased 11% year-on-year, despite 2021 being an “exceptionally strong” year for the property sector.
Bitcoin leaves marginal drops at the beginning of the month, after closing July with a 17% advance and approaching the $25,000 resistance in the last few days. After recent highs above $24,500, experts praised the digital asset par excellence´s good performance, despite the pullback towards the $23,000 mark. Ethereum's performance is similar, with the token of the eponymous network around $1,700. The total capitalization of all cryptoassets is around $1. 1 trillion.
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