Off the wire
6 immigrants drowned, 4 missing as boat sinks close to Spanish enclave  • Education, health services in general strike in Kosovo  • Lebanon files complaint against Israel's shelling at UN  • Finnish economics minister bids for post of European Investment Bank director  • UN chief condemns terrorist attacks in Egypt's North Sinai  • Hungarian Golden Team defender Jeno Buzanszky laid to rest  • EU experts address judicial aspects of fighting terror in Riga meeting  • Tourist visits to Malta in Dec. show y-on-y increase  • UN chief encouraged by prospects for Columbia to reach peace deal  • French stock market index down 0.59 pct on Friday  
You are here:   Home

FTSE 100 closes lower on Friday

Xinhua, January 31, 2015 Adjust font size:

The FTSE 100 Index, the British benchmark stock market gauge, Friday decreased by 0.90 percent, or 61.20 points, to 6,749.40 points.

The London stock index declined on Friday as Eurozone consumer prices fell more than forecast and U.S. economic growth slowed sharply.

Euro area annual inflation is expected to be minus 0.6 percent in January 2015, down from 0.2 percent in December 2014, according to a flash estimate from Eurostat, the statistical office of the European Union.

U.S. real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2014, below market expectations, the U.S. Commerce Department said Friday.

Randgold Resources's share price increased by 4.89 percent, topping the gainers of the blue chips. Fresnillo, Tullow Oil, Dixons Carphone and BHP Billiton increased by 4.23 percent, 4.02 percent, 2.55 percent and 2.09 percent respectively.

International Consolidated Airlines Group led the top losers of the blue chips with a share price drop of 3.46 percent, followed by Sainsbury (3.18 percent), Ashtead Group (2.77 percent), Morrison (Wm) Supermarkets (2.70 percent) and BT Group (2.61 percent).

The index has gained 2.90 percent so far this year when measured in U.S. dollars. Endit