FTSE 100 follows Wall Street lower
- 5 February 2016
- From the section Business
(Close): London's leading shares lost ground in afternoon trading on Friday, following Wall Street lower after disappointing US jobs figures.
The FTSE 100 closed down 50.07 points, or 0.9%, at 5,848.69.
The fall came despite some big gains in miners, which are benefitting from a weaker US dollar, making commodities more affordable in other currencies.
On the downside, house builders suffered, with Berkeley Group down 5% and Persimmon 3.6% lower.
Oil prices have fallen more than 70% since mid-2014, hit by the slowing global economy and oversupply.