The London market moved closer to year-lows on Friday as crude and metal prices fell amid fears of a renewed global economic downturn.The FTSE 100 Index closed 91.88 points down at 6339.97, slightly above its 2014 low of 6,328, as traders reflected on a week of negative European economic data.The FTSE initially tried to rally during the course of the week, but found the 6600 level be far too resistive and therefore fell all the way through the 6400 level. With that being the case, it appears that this market is ready continue to go much lower, as the FTSE and at most European indices in general look broken at this point. For upcoming session it can move down till 6000 level, and we are most certainly bearish at this point in time.
TOP GAINER
Name
|
Close
Price
|
Change
%
|
Astrazenca
|
4300
|
2.14
|
Rsa
Insur Grp
|
465
|
0.43
|
Bae
Systems
|
444.7
|
0.41
|
Brits
land Co Reit
|
680
|
0.29
|
Bt
Group
|
369.5
|
0.14
|
TOP LOSER
Name
|
Close
Price
|
Change
%
|
Man
Group
|
114.1
|
-4.44
|
Antofagasta
|
661.5
|
-3.57
|
Morrison
Suppermkts
|
154.4
|
-3.33
|
Bhp
Billiton
|
1613.5
|
-k3.12
|
Bhp
Billiton
|
293.4
|
-2.98
|
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