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FTSE 100 finishes down on US earnings (AFP)
LONDON (AFP) –
The leading stock exchange ended lower on Friday as this week's rally came to a swift end in reaction to weaker-than-expected US earnings news, traders said.
ended down 0.78 percent at 5,455.37 points.
was the most traded stock, seeing 295 million units change hands, followed by
, which saw 242 million shares switch owners.
Energy group International Power topped the leader board, adding 12.6 pence — or 4.07 percent — to finish at 322, followed by
, which added 41 pence — or 2.09 percent — to stand at 2,000.
Group which lost 21.7 pence — or 6.9 percent — to close at 292.7, followed by insurer
, which shed 4 pence — or 3.56 percent — to finish at 108.5.
next week.
, no-frills airline easyJet and brewer
, while further developments are expected in Kraft Foods' takeover battle for British confectioner Cadbury.
, with inflation, unemployment,
and retail sales numbers all due.
Meanwhile, sterling traded down against the dollar but ticked up against the euro.
At 17:18, the pound was trading at 1.6248 dollars, down from 1.6325 at the same time Thursday, while the British currency stood at 1.1298 euros, up from 1.1268 over the same period.