Blue-chips slide as oil stocks drag market down

THE London market ended a quiet session slightly lower yesterday as sharp falls from oil shares weighed on trading.

By the close of dealing the FTSE 100 Index was down 14.9 points at 4118.9 in another day of subdued trading following last week’s impressive rally.

Blue-chip shares started the session on the back foot following a profits warning from US chip maker Texas Instruments.