London’s markets were lower again on Friday.
The FTSE 100 dropped 1.23 percent to 6,527.9 while FTSE 250 fell 0.98 percent to 11,299.3.
Insurer Resolution (LSE: RSL) had the best day on the 100 as it gained 2.12 percnet to 722p.
Housebuilders and the construction sector more generally were higher on both the 100 and the 250.
Persimmon (LSE: PSN) was up 1.15 percent to 971p and Barratt Developments (LSE: BDEV) was 1.29 percent higher to 667p on the 100, while over on the 250 house builder Redrow (LSE: RDW) gained 3.03 percent to 383p and construction group Alfred McAlpine (LSE: MCA) added 3.54 percent to 555p.
Other gainers included paper group DS Smith (LSE: SMPS), which was up 5.31 percent to 228p on the 250.
Brewer Scottish & Newcastle (LSE: SCTN) was 1.19 percent higher to 766.5p on the 100.
Banks were lower, with Northern Rock (LSE: NRK) again leading the losers on the 100 with a decline of 8.61 percent to 186.9p.
Elsewhere in the sector, HBOS (LSE: HBOS) dropped 2.91 percent to 835p.
In the pharmaceuticals sector Astra Zeneca (LSE: AZN; NYSE: AZN) was down 3.64 percent to £24.61 after the revocation of an inhaler patent by European authorities and a downgrade from “neutral” to “sell” by UBS.
Advertising group WPP (LSE: WPP; NAS: WPPGY) fell 4.18 percent to 665p after it reported quarterly revenues that were at the low end of expectations.