London Market Report
- 25 July 2014
- From the section Business
(Close): Shares in London closed lower on Friday, with the broadcaster BSkyB the biggest faller.
Shares in BSkyB fell 5.4% to 874.50p after it announced a deal to merge its German and Italian businesses to create Sky Europe.
On the upside, shares in RBS surged more than 10% to 364.20p. It released earnings early because they were stronger than the market anticipated.
The FTSE index closed down 29.91 points, or 0.44%, to 6,791.55.
Mark Priest, senior trader at ETX Capital said: "There's uncertainty out there in Ukraine and the market had a bit of an exit move."