(MENAFN- ProactiveInvestors) London’s top share index finished the week under 7000 as US markets tanked on the open.
Closing at 6994 the FTSE 100 shed 65 points on Friday or 0.93% with only 8 stocks registering gains.
() and () were among the few risers helped by Brent crude which climbed to US$63 a barrel.
Most stocks could be found at the wrong end of the gauge though thanks to a violent global sell off caused by a combination of factors.
Greek debt continues to worry traders while a clampdown by Chinese regulators on investor borrowing and an easing of the rules on shorting have also rattled investors.
Meanwhile many would have found it tough to even place a trade this morning after a systems crash that hit Bloomberg terminals.
This week’s top FTSE 100 risers are as follows: () 9.7% () 8.7% () 7.3% ()5.5% () 5.2%
This week’s major FTSE 100 fallers include: () -5.5% () -5.0% International Consolidated Airlines () -4.8% () -3.9% () -3.3%.
Moving to the junior market the FTSE AIM All-Share Index finished the week at 749 clocking in a 2% gain or 13 point increase since Monday.
Shares in () rose today after a favourable results in a Malaysian court for the power generation firm.
() reported positive preliminary findings from independent trials of graphene-based coatings it produces. Shares leapt more than 20% to 280p.
Kazakh-based oil and gas group () is to raise US$$20m through a subscription at a premium by BOCO the oil division of Chinese industrial group Bright Oceans.
Roxi shares have soared since it announced a new oil discovery on its BNG licence in Kazakhstan last July and jumped more than 10% again today to 17p.
Wearable technology company Cloudtag () saw its shares rocket after it announced it will start beta trials of a new product due for release later this year.
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