London’s FTSE 100 closed about 0.3% down at 9,641 on Monday, the lowest since November 25, extending losses from the previous session. Traders focused on this week’s US Fed policy announcement while awaiting a batch of domestic data due December 12, including GDP, industrial production, and trade figures. Among single stocks, Barratt Redrow underperformed, sliding 3.8%, after Citigroup cut its target price to 506 pence from 530 pence. Persimmon fell 3.1% and Berkeley, which is due to report annual results on Wednesday, lost nearly 2.8%. Unilever slipped 1.9% after completing the demerger of its Magnum ice cream division, now listed as The Magnum Ice Cream Company (MICC) across the London, Amsterdam, and New York stock exchanges. On the flip side, top gainers were defense companies, with Babcock up 3.3%, Rolls-Royce up 2% and BAE up 1.6%.