London: UK Stocks Closing : Britain's top share index closed below 5,400 for the first time this year on Thursday, extending its falls to a fourth straight session as jitters over turmoil in the euro zone dominated the market backdrop.
Weaker banks were the biggest drag on sentiment, reflecting exposure to euro zone debt as worries about Spanish banks and the country's increasing financing costs were added to the political paralysis gripping Greece.
At the close, the FTSE 100 index was down 66.87 points, or 1.2 percent at 5,338.38, its lowest close since November 2011 and having hit an intra-day low of 5,309.75. Its losses for the week extended to 4.3 percent.
It's the same old song... Banks, miners, oils lower on euro fears. U.S. economic releases were also disappointing. The flight to safety continues... More like any port in a storm given the problems the U.S. is facing going forward, said
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