* FTSE 100 down 0.5 pct
* FTSE 250 up 0.1 pct
* Mondi among top blue-chip fallers
* Miners also drag on main index
* Aston Martin slips after results
* Telford Homes sinks after profit view cut (Adds company news items, updates share)
By Shashwat Awasthi and Muvija M
Feb 28 (Reuters) - London's blue-chip bourse bagged losses for a third straight day as results hurt packaging firm Mondi, miners fell on weak Chinese factory data and Rolls-Royce slipped after dropping out of the race to supply engines for Boeing's mid-market aircraft.
Although both indexes recorded a second monthly gain, they still underperformed their European peers as Brexit uncertainties weighted.
Investor sentiment was grim as the White House said U.S. President Donald Trump and North Korean leader Kim Jong Un did not reach an agreement at the end of two days of meetings. Data meanwhile showed factory activity in China shrank to a three-year low in February. with hopes of a deal with China on trade not exactly fading, but certainly not rising, it's 0 from 2 for Trump this week and risk sentiment is suffering as a result," said Markets.com analyst Neil Wilson.
Miners .FTNMX1770 put the brake on the main index, suffering their biggest intra-day dip in two months, along with packaging and paper group Mondi MNDI.L , which slipped 6.3 percent after a cautious 2019 forecast.
Engine maker Rolls-Royce RR.L lost 3 percent after it withdrew from a competition to power Boeing's BA.N planned mid-market aircraft. insurer RSA RSA.L also fell 3 percent as high weather-related losses and weakness in commercial underwriting hit its annual operating profit. the main index was pest control firm Rentokil RTO.L , which advanced 7 percent on its best day in nearly six years after higher annual profit. the midcaps, Inmarsat ISA.L swiftly rose in afternoon trade following a media report that U.S. satellite group EchoStar SATS.O was expected to renew its interest in the satellite communications company "very soon". readings from earnings reports were overall poor and drew some big moves.
Aston Martin AML.L marked the worst day in its short time as a publicly listed company as its annual adjusted earnings dropped. The downbeat results wiped more than a fifth off the luxury car-maker's market value.
Chief Executive Andy Palmer said a delay to Brexit would be a "further annoyance", which would prolong uncertainty. meals supplier Bakkavor BAKK.L slumped 10.3 percent on its worst day since its November 2017 listing after it flagged that subdued consumer confidence and inflationary pressures have continued into 2019.
Builder Telford Homes TELF.L tumbled 20 percent after cutting its full-year forecast while mid-cap kitchen supplier Howden Joinery HWDN.L lost 7 percent -- its biggest drop in over 2-1/2 years -- after flagging higher costs and margin pressures.
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