SUZY in the CITY: MARKET MOVERS.
FRIENDS Provident, the life assurer, jumped 7.5p to 133.5p after the group said that its third quarter sales were up seven per cent.
But overall the FTSE 100 closed down 14.9 to 4118.9 after a profit warning from European engineer ABB rocked shares in its rivals.
Shares in Invensys, the group formed out of the merger between BTR and Siebe, fell 4p to 63p while FKN dropped 4.5p to 66,5p.
Comments from US President George Bush that he believed Baghdad could be disarmed peacefully hit the price of oil companies.
A war between America and oil-rich Iraq would be expected to disrupt world fuel supplies and the shortage would help lift the price of oil.
BP fell 24.5p to 427.5p and Shell dropped 15.75p to 411.75p.
Shares in BSkyB jumped 27.5p to 625p after the telecoms watchdog Oftel said that it had rejected a complaint from ITV over unfair pricing.
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|Publication:||The Mirror (London, England)|
|Date:||Oct 23, 2002|
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