Markets
FTSE dives below 5,300
By Richard Williams
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Posted 11 July 2008 @ 09:04 pm GMT
The FTSE 100 share index fell dramatically on Friday. By the end of trading the index was down 2.7 per cent by 145.2 points to 5,261.6.
The London Stock Exchange in an undated file photo. The FTSE 100 share index fell below 5,300 on Friday. IBTimes/Alan Channer
FTSE up as energy stocks gainBanks were down with Barclays, HBOS, HSBC, Lloyds TSB, Royal Bank of Scotland and Standard Chartered down 1.9 to 7.8 per cent.
Oil firms fell, as did miners Anglo American, Antofagasta, BHP Billiton, Rio Tinto, Vedanta Resources and Xstrata.
Retailers dropped with Kingfisher, Marks & Spencer and Next falling 4.9 to 7.3 per cent. John Lewis was also down 1.3 per cent after a fall in weekly sales at its stores.
Other losers included Vodafone down 4.7 per cent and British Airways down 1.8 per cent.
This article is copyrighted by the International Business Times.
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