Shares in the FTSE 100 gave up some of the gains made in the past three days as investors locked in profits ahead of the weekend, sending the index down 5.6 points to 4,413.10 by the close.
BskyB dropped 16.5p to 604.5p after Goldman Sachs placed 1.5% of the company’s shares on behalf of a client.
3i, the venture capitalist, dropped 6.5p to 571p after UBS lowered its rating on the company.
British Airways fell 2p to 230.75p after the European Parliament lodged a lawsuit in the European Court of Justice against the European Commission’s agreement to share airline passenger data with the US, saying the agreement violates EU privacy law. Airlines that do not provide the data to US authorities before taking off may be blocked from the huge transAtlantic market.
Royal & Sun Alliance ended down. 0.5p at 77.25p after announcing a deal to sell its life business.
Anglo American surged 23p to 1,168p after analysts forecast yet more demand for metals commodities on the back of higher than expected results from the world’s biggest steel maker Arcelor of France.
BATS gained 6.5p to 836p after announcing the sale of its Italian logistics unit for 590m euros.
Markets in the US are mixed, with the Dow Jones Industrial Average index down about 1.5 points to10,127, while the broader S&P 500 index is up about 1 point to 1,101.IFAonline
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