FTSE sees biggest weekly fall in nearly three months

Posted by 7Star Saturday, January 23, 2010

Britain's FTSE 100 share index suffered its biggest weekly fall in nearly three months on Friday, as the US president's proposals to curb the banks hit financials, while energy stocks fell on lower crude prices. The blue chip index closed down 32.11 points, or 0.6 percent, at 5,302.99, taking its weekly decline to 2.8 percent, the biggest weekly fall in 12 weeks.

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