Friday, May 25, 2007

FTSE joins global stocks descent, commodities weigh

(Reuters) - Britain's benchmark share index fell on Friday, dragged down by commodity shares and as global stock markets retreated amid a climate of concern over the health of the U.S. and Chinese economies.

Oil stocks weighed, with BP off 0.6 percent and Royal Dutch Shell also falling, despite oil rising over $71 on Friday on supply worries in Nigeria and tensions in Iran.


Read more at Reuters Africa

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