Energy stocks drag FTSE into red

Energy stocks proved a drain on the FTSE 100 Index today as it ended the week in lacklustre form.

Energy stocks drag FTSE into red
Fri, 15 Jul, 2005 - 18:23

Energy stocks proved a drain on the FTSE 100 Index today as it ended the week in lacklustre form.

A fall in oil prices from their recent record levels took away some of the Footsie’s recent shine to leave it 28.9 points lower at 5230.8 – slightly below its Monday opening mark.

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