FTSE falls despite relief at oil price

Relief at lower oil prices failed to guide the London market to a positive end to the week today.

Relief at lower oil prices failed to guide the London market to a positive end to the week today.

Disappointing jobs data from the United States took the shine off an earlier rise, which was prompted by news that the cost of crude had dipped below $44 for the first time since September.

The FTSE 100 Index ended the session 3.3 points lower at 4747.9, despite moving 20 points higher during the morning.

The biggest risers in the Footsie today were Schroders NV up 27.5p to 659p, Enterprise Inns adding 28.5p to 692p, Schroders up 21.5p to 720.5p and Aviva adding 12.5p to 618p.

The heaviest fallers were Antofagasta down 30p to 1100p, Smith & Nephew off 13.5p to 531.5p, Rio Tinto down 25p to 1496p and British Land off 13p to 812p.

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