Top UK stocks drifted lower in a quiet start to the session as investors locked in gains after the FTSE reached a new 12-month high before the weekend.
The FTSE 100 shed 21.52 points, or 0.42%, to 5,151.37 as falls in some Asian markets hit sentiment in London. Miners and energy firms dominated trades, with mixed results. Kazakhmys topped the losers, down 2.67% to £10.94 while oil and gas producers Tullow Oil and BG Group were also off more than 2%. Meanwhile, Eurasian Natural Resources, up almost 1%, Scottish and Southern Energy and BP remained in favour. On Friday, the FTSE powered to a fresh 12-month high at 5,172.89, up 0.17% as hopes that the recession could be over wee fuelled by Bank of England Governor Mervyn King and Fed...
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