The FTSE 100 ended this week down 17.8 points by close of business on Friday at 4,498.4 after UK stocks fell paced by Enterprise Inns.
Enterprise Inns, Britain's largest pub, lost 32p to 562p after a parliamentary committee said it would investigate pub operators, something the company said came as a “surprise”.
J Sainsbury dropped 8p to 270.5p after a report by market-research company Taylor Nelson Sofres suggested the UK’s third-largest supermarket chain is losing business to chief competitor Tesco.
In the meantime, Eurotunnel, which is the operator of the Channel Tunnel linking Britain and France, rose 1 penny to 25.5p.
Newcastle United shed 3.5p to 37.5p. This is the soccer club’s biggest drop in more than eight months, and comes after the team lost its EUFA Cup semi-final game in France yesterday.
Smith & Nephew added 17.5p to 586p. The company, which is one of Europe's largest seller of orthopedic devices, gained an upswing after Deutsche Bank AG lifted its share-price forecast for the company by 16% to 650 pence.
Overseas, trading is currently mixed as the Dow Jones Industrial Average index so far has lost 30.31 points to 10,210.95.
The S&P 500 index is down 4.27 points to 1,109.72, while Nasdaq's Composite index has so far climbed 10.07 points to 1,947.81.IFAonline
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