FTSE shares lose ground (AFP)

LONDON (AFP) – London shares ended lower on Friday as Moody's slashed its credit rating on Ireland and new figures on Spanish debt were released.

The FTSE 100 index of leading shares was down 0.16 percent at 5,871.75 points.

Lloyds Banking Group (LBG) was the most traded stock, seeing 292 million shares switch owners, followed by the Royal Bank of Scotland which saw 233 million units change hands.

Software firm Autonomy Corp Group was the top blue-chip performer, adding 78 pence -- or 5.32 percent -- to end at 1,543 followed by Man Group, which rose 6.50 pence -- or 2.26 percent -- to finish at 294.

Drugs company Astrazeneca brought up the rear, shedding 212 pence -- or 6.72 percent -- to end at 2941, followed by the Royal Bank of Scotland which was down 2.3 pence -- or 5.73 percent -- at 37.82.

Meanwhile, the pound fell against the dollar and the euro.

At 17:06 GMT, sterling was trading at 1.548 dollars, down from 1.560 the same time on Thursday, while the currency fell to 1.176 euros from 1.181 over the same period.


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