LONDON (AFP) –
Leading shares closed lower on Monday amid worries about the global banking sector's exposure to Dubai.

The FTSE 100 index shed 1.05 percent to close at 5,190.68 points.

Lloyds Banking Group was the most traded stock, seeing 309 million units change hands, followed by the Royal Bank of Scotland (RBS), which saw 122 million shares switch owners.

The day's worst performer was Lloyds, which shed 3.45 pence -- or 5.89 percent -- to finish at 55.15, followed by RBS, which gave up 1.54 pence -- or 4.45 percent -- to end at 33.18.

Both banks could be hit hard by Dubai's debt crisis.

Miner Eurasian was top of the leader board, gaining 16 pence -- or 1.89 percent -- to finish at 861.50, followed by Cairn Energy, which saw shares gain 40 pence -- or 1.32 percent -- to stand at 3080.