Financial Times FT.com

Weak financials drag on FTSE

By Michael Hunter

Published: May 9 2008 08:51 | Last updated: May 9 2008 17:23

London equities fell on Friday, as a fresh record high crude price and poor results from US insurer AIG unsettled investors.

The FTSE 100 closed 66.1 points, or 1.1 per cent, weaker at 6,204.7. The mid-cap FTSE 250 lost 112.5 points or 1.1 per cent at 10,437.3.

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