
UK Stocks Close in the Red

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London’s FTSE 100 failed to hold early gains to close about 0.5% down at 9,669 on Friday, the lowest in over a week, underperforming its European peers.The biggest drag came from oil & gas giants BP (-2.6%) and Shell (-1.4%) after downgrades from JPMorgan, with declines in Smiths Group (-3.5%) and Metlen Energy & Metals (-2.7%) also weighing.Financials also saw losses, with Standard Chartered and Prudential each down around 1.6%.
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