FTSE closes lower but ITV rises after bid report
(Close): The London market lost early gains, but shares in ITV rose on speculation that it could be a takeover target.
ITV shares were nearly 3% higher after the Mail on Sunday reported that Comcast was thinking of launching an £11bn bid for the UK broadcaster.
The FTSE 100 index fell 17.58 points to 6,034.84.
Mining giant Glencore rose 2.7% to 83.05p after Citi raised its price target for the stock.
The investment bank increased its target to 160p from 130p.
Shares in Rolls-Royce fell 1.2% following an interview with the firm's chief executive, Warren East, in the Financial Times.
Mr East voiced "disquiet" about trading conditions at the firm's diesel engine business.