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U.K. stocks on Friday fizzled into the finish of the trading year.
The FTSE 100 slipped 0.3% to 7384.54 in a half day of trade on the London Stock Exchange, with more than two-thirds of components losing ground.
For the year, the FTSE 100
UKX,
ended with a 14% gain, underperforming the 27% advance for the S&P 500
SPX,
and the 21% gain for the Euro Stoxx 50
SX5E,
The midcap FTSE 250
MCX,
which is more exposed to the U.K. economy than the top index, rose 15%.
The British pound
GBPUSD,
fell 1% vs. the dollar but
GBPEUR,
rose 6% against the euro in the first year the U.K. was outside the European Union.
