The FTSE 100 ended the week by shedding 8.3 points today to 5,423.6, but still managed its biggest weekly gain in two and a half years.
Disappointing numbers from broadcaster BSkyB and a drop by British Airways caused today's losses.
Fund firm Amvescap was one of the big movers as it gained 7.5p, or 1.99%, to 383.75p, after rumours US fund manager Janus might make an offer for the group.
Legal & General finishing 2p, or 1.84%, higher at 110.75, after the insurer said revisions to a draft of new tax legislation meant the law would no longer affect the company.
Biggest mover was Yell, which advanced 9.5p, or 2.09%, to 463.5p after investors bought shares in companies due to release results next week.
BSkyB suffered a 25.5p, or 4.84%, fall to 501.5p after the broadcasting firm announced subscriber numbers that fell short of expectations.
British Airways ended the session down 7.75p, or 2.47%, to 306p, despite reporting a rise in second-quarter earnings that beat expectations.
In the US stocks have halted their two-day advance as the Dow Jones Industrial Average has fallen 28.24 points, or 0.27%, to 10494.35, after a report renewed concern that economic and corporate profit growth is slowing as interest rates climb.
A report from the US Labor Department reported the economy added 56,000 jobs in October, less than half the figure expected by economists, while the jobless rate, determined by a separate survey, fell to 5%.
Energy shares have led the decline as oil prices dropped 1% to $61.15 a barrel, with Exxon, the biggest publicly traded oil company, decreasing $0.79, or 1.35%, to $57.78 to be one of the biggest drags on the Dow average.
Apple has fallen $0.99 to $60.85 after an analyst said shares in the maker of the iPod music player are unlikely to extend their gains even if the company reports "strong" earnings this quarter and into 2006 as expected.
Elsewhere Starbucks has added $0.97 to $30.40, after the largest US coffee-shop chain said October sales at stores open more than a year rose 7%, while Expedia gained $1.66 to $22.37, after the online travel agency said third-quarter profit was $0.35 a share.IFAonline
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