London
stocks fall from new high after the fear that sonner than expected
tighting in the U.S.A dragged markets lower on Friday after a
forecast in US jobs report. Economic data from U.S.A of Labor
Department said 295,000 non-farm payrolls were added in February,
beating the consensus estimate of 235,000 despite the recent severe
winter weather. The unemployment rate declined to a seven-year low of
5.5% versus estimates of 5.6% and below 5.7% in January.
The
FTSE 100 index fell 0.7% to 6911.80 to close market on negative note.
If during the day market is breaching the support level of 6860 on
downside after consolidation, then it can test the level of 6800 with
the resistance of 6900.
Top Gainers: ITV, Tate & Tyle, Legal & General, BG Group,Standard Chartered
Top Losers: Vodafone
Group, Brit Land Co REIT, Anglo American, SSE, Rio Tinto
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