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British FTSE 100 closes lower on Wednesday

Xinhua, February 12, 2015 Adjust font size:

FTSE 100 Index, British benchmark stock market gauge, Wednesday decreased by 0.16 percent, or 10.95 points, to 6,818.17 points.

The London stock index declined for the fourth day on Wednesday as investors concern about risk ahead of a pivotal meeting about Greece.

Greece Finance Minister Yanis Varoufakis is expected to request a bridge agreement to cover the country's funding needs until autumn while the government is negotiating a final agreement with creditors on further debt relief.

BT Group's share price increased by 3.65 percent, topped the gainers of the blue chips. Persimmon, Reckitt Benckiser Group, ARM Holdings and United Utilities Group increased by 3.60 percent, 3.31 percent, 2.94 percent and 2.65 percent respectively.

Tullow Oil led the top losers of the blue chips with a share price drop of 7.17 percent, followed by Hargreaves Lansdown (2.76 percent), Morrison (Wm) Supermarkets (2.34 percent), Anglo American (2.22 percent) and Sky (2.20 percent).

The index has gained 3.97 percent so far this year when measured in U.S. dollar. Endit