U.K. stocks declined for a second day amid concern Europe’s sovereign-debt crisis will worsen and as U.S. jobs growth stalled last month.

Royal Bank of Scotland Group Plc (RBS) and Barclays Plc (BARC) fell more than 6 percent, leading declines among shares on the FTSE 100 Index. Antofagasta Plc (ANTO) slid 3.9 percent as Citigroup Inc. advised selling shares of the copper producer.

The FTSE 100 fell 86.45 points, or 1.6 percent, to 5,205.58 at 8:15 a.m. in London. The FTSE All-Share Index dropped 1.6 percent, while Ireland’s ISEQ Index declined 1.5 percent.

The FTSE 100 climbed 3.2 percent last week after the 7.2 percent slump in August dragged equities to their cheapest price-to-earnings ratio since March 2009.

Charter International Plc (CHTR) gained 1.8 percent as Colfax Corp. said it has held talks to buy Charter. The manufacturer of pumps and specialty valves said it would finance the transaction with cash, debt and equity.