A late rally has softened the end of week losses for the FTSE 100, with the index closing 20.90 points lower (0.32%) to 6476.90.
Financials were slammed again, with Schroders down 2.51% to 1318. Its non-voting stock followed, 2.34% lower to 1170. BT and Standard Life closed the week poorly also, down 2.24% to 273.25 and 1.75 and 253 respectively. Energy stocks performed the best as oil nudged $100 a barrel. Cairn Energy led the gains, up 3% to 3090. Reed Elsevier and BSkyB also had a good day at the office, up 2.02% to 682 and 1.46% to 627 respectively. In New York, the Dow Jones has started strongly on Friday, currently 39.91 points ahead (0.3%) to 13399.52. Telco’s have started strongly, with AT&T and Ve...
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