LONDON (AFP) ? Stocks in London closed lower Friday in the wake of official data from the US which showed the world's largest economy had stagnated in the last six months.
A flood of terrible numbers on gross domestic product (GDP) growth from the Commerce Department initially sent US stocks into a tailspin. The Dow index plunged more than 100 points in early trade but later pared losses.
In London, the FTSE 100 index of top shares was down 0.99 percent at 5,815.19 points.
Lloyds was the most traded stock of the day with 256 million shares changing hands, followed by the Lloyds Banking Group (LBG), which saw 150 million shares switching owners.
Vodafone was the best blue-chip performer, rising 3.99 percent -- 6.6 pence -- to finish at 172, followed by education and publishing group Pearson, which rose 3.07 percent -- 35 pence -- to close at 1,174.
LBG led the fallers, slipping 3.67 percent -- 1.65 pence -- to close at 43.35, followed by diversified miner Anglo American, which was down 3.27 percent -- 98 pence -- to finish at 2,900.
On the currency markets, a pound was worth 1.645 dollars at 1605 GMT, down from 1.633 at the same time Thursday, while the euro stood at 1.143, up from 1.142 over the same period..
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