FTSE 100 falls despite benign US inflation data

Markets broadly took encouragement from in-line US inflation data which could signal a US rate cut (Jeff Moore/PA) - (PA Archive)

Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data in the US, as falls in oil majors BP and Shell weighed.

The FTSE 100 index closed down 43.86 points, or 0.5%, at 9,667.01. The FTSE 250 ended just 7.04 points lower at 22,063.95, but the AIM All-Share closed up 1.87 points, 0.3%, at 751.30.