Oil price pressure sees FTSE limp in

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A poor day spoilt an otherwise excellent week for the FTSE, as it shed 35.4 points to 5,079 points at its close a short while ago, led by Imperial Chemical Industries.

The chemical and paint specialist shed 10.75p to 255.25p as crude oil continues to dampen the markets, trading at $59.47 a barrel in New York, after reaching past $60 late yesterday. Investment firm Schroders lost 19.5p to 770p, while mining firms including Rio Tinto and Anglo American shed 39p to £16.73 and 29p to £12.86 respectively. Top earners for the day include energy firm Centrica, up 8.5p to 232.5p, after announcing it has maintained its original full- year profit and its production unit will experience 'significantly higher' earnings during 2005. Financial services firm Old M...

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