China protests drag global markets lower
Energy, miners slip on lower commodity prices
Real estate down after dour data
FTSE 100 down 0.2, FTSE 250 off 1.3

Nov 28 Reuters UK39;s FTSE 100 closed lower on Monday, with commoditylinked stocks weighing heavy on the index, as global markets watched the rare protests in China against strict COVID19 restrictions, leaving its economic outlook uncertain.

The bluechip FTSE 100 fell 0.2, following two weekly gains that lifted the index to its highest levels in more than two months. The more domestically focused FTSE 250 midcaps index dropped 1.3.

Energy stocks were the biggest drags on the FTSE 100, with oil majors BP and Shell down 1 and 0.3, respectively. Banks and Insurers were the second biggest sectoral losers.

Commodity prices dipped on worries about demand from top consumer China where protests against COVID restrictions flared up. China39;s zeroCOVID policy has already slowed the economy and pressured global growth, but failed to stem the rise in infections.

It39;s a very hard thing to price, even the markets are not used to seeing demonstrations in China, said Chris Beauchamp, chief market analyst at IG Group.

It looks quite serious, worries about how that will affect the government39;s reopening strategy and what kind of response you will get from Beijing, that39;s definitely causing a bit of caution.

Real estate stocks lost more than 1. A survey showed British property market activity stalled in October and…