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Oil price fall hits energy stocks



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FTSE 100 Index

Last Updated at 11 Sep 2017, 15:36 GMT *Chart shows local time FTSE 100 intraday chart
value change %
7413.59 +
+35.99
+
+0.49

Top winner and loser

Provident Financial

825.00 p +
+30.00
+
+3.77

Associated British Foods

3103.00 p -
-162.00
-
-4.96
value change %

FTSE 250 Index

19694.26 +
+83.86
+
+0.43

FTSE 350 Index

4114.18 +
+19.56
+
+0.48

FTSE All Share Index

4061.86 +
+18.58
+
+0.46

FTSE Techmark Index

4524.09 +
+1.46
+
+0.03

(Close): London's main share market ended Tuesday lower, with the FTSE 100 down 34.00 points, or 0.5%, to 6,476.20.

Oil shares came under pressure as the price of crude fell. Tullow Oil fell 5.3%, and BP was down 3%.

Brent crude fell to a near four-year low of $82.08 a barrel.

Imperial Tobacco rose 4.1% after it reported a 5% increase in full-year operating profit to £2.06bn.

Legal & General climbed 2% after reporting a 12% rise in net cash generation over the first nine months of the year.

Shares in Associated British Foods stood 4.2% higher after it reported full-year results that showed profits rising thanks to another strong performance from Primark.

However, the company also warned that its food business would be hit by lower prices of sugar and other commodities, and so it saw "limited opportunity" to grow adjusted earnings per share in the new financial year.

On the currency markets, the pound rose 0.07% against the dollar to $1.5983 but fell 0.44% against the euro to €1.2741.