Shares dip as worries mount in eastern Europe
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A bruising session on Friday meant that the FTSE 100 closed the week lower than it started for the first time in a month, while its European cousins saw sharp dips. “It’s been a disappointing end to the week for European markets, with the FTSE 100 posting its first weekly decline since mid-December, while the Dax has fallen sharply, sliding to a one month low, with all sectors firmly in the red,” said CMC Markets analyst Michael Hewson. “The biggest losers have been basic resources, energy and financials, all of the big winners of the last few weeks, with banks feeling the effects of the sharp slide in yields, while today’s weakness in oil prices is weighing on BP and Royal Dutch Shell.” The FTSE closed down 1.2%, a 90.88 point drop, ending at 7,494.13.
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