- After Wall Street closed to celebrate Thanksgiving and sterling gained momentum on reports that the UK and EU agreed a Brexit draft text, the FTSE 100 fell 1.3% to 6,960.

Miner Fresnillo plummeted 12% to 802.4p on a Morgan Stanley downgrade following concerns over Mexico's new mining laws.

Peers Evraz and Anglo American were also among the major fallers.

European equities also struggled with Germany's DAX slipping 0.9% to 11,138.

Brent crude oil declined 1.1% to $62.75 per barrel.


Centrica slid 9.2% to 132.3p on Thursday as it maintained its full-year guidance despite revealing a significant fall in customer accounts and admitting that weaker than planned volumes from its E&P and Nuclear activities would have a 'negative' impact on full-year performance. The company also flagged a £70m hit from the new energy price cap in 2019.

Sports betting group GVC gained 2% to 791.5p after saying it had acquired Neds International for up to AUS$95m.

Restaurant operator Mitchells & Butlers gained 0.9% to 270p as it reported full-year adjusted operating profits of £303m, down 1.6% year on year, as higher second-half profits were unable to compensate for the negative impact of snow in the first half.

Water and waste utility Severn Trent fell 0.8% to £18.97 despite posting an over 4% increase in half-year underlying profit on Thursday.

Share registrar Equiniti Group rose 3.2% as it said it expected performance to be at the upper range of market expectations despite continuing revenue tailwinds.


Outsourcing company Mitie Group lost 2.3% to 153.3p as it reported a 4.2% drop in adjusted operating profit on Thursday and said it expected to see 'modest' top-line growth for the full year.

Mothercare dropped 5.5% to 16.6p after posting a pre-tax loss of £6.2m on Thursday and warning that trading conditions would remain volatile for the remainder of its financial year.

Wine merchant Majestic Wine dropped 14% to 322p after announcing it would import an extra £5-8m worth of stock to ensure it can meet deliveries post-Brexit. It also reported a pre-tax loss amid a 'tough' retail market and a gloomy outlook.

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