FX.co ★ UK Stocks Fall for 2nd Session

London's FTSE 100 concluded Monday's trading session with a decline of approximately 0.3%, settling at 9,641—the lowest level observed since November 25. This continued the downward trend from the previous session as investors turned their attention to this week's U.S. Federal Reserve policy announcement and anticipated a series of domestic economic data releases scheduled for December 12. These include the GDP, industrial production, and trade figures. Among individual stocks, Barratt Developments and Redrow lagged, with Barratt dropping 3.8%, following a revision of its target price by Citigroup to 506 pence from 530 pence. Meanwhile, Persimmon experienced a 3.1% decline, and Berkeley Group Holdings, which is poised to disclose its annual results on Wednesday, fell by nearly 2.8%. Additionally, Unilever's shares shed 1.9% following the completion of the demerger of its Magnum ice cream division, which is now trading as The Magnum Ice Cream Company (MICC) on the London, Amsterdam, and New York stock exchanges. Conversely, defense sector stocks recorded gains, with Babcock International rising by 3.3%, Rolls-Royce Holdings advancing 2%, and BAE Systems gaining 1.6%.