Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data in the US, as falls in oil majors BP and Shell weighed.

The FTSE 100 index closed down 43.86 points, or 0.5%, at 9,667.01. The FTSE 250 ended just 7.04 points lower at 22,063.95, but the AIM All-Share closed up 1.87 points, 0.3%, at 751.30.

For the week, the FTSE 100 fell 0.6%, the FTSE 250 ebbed 0.5% and the AIM All-Share declined 0.3%.

In European equities on Friday, the CAC 40 in Paris closed down 0.1%, while the DAX 40 in Frankfurt ended 0.6% higher.

Stocks in New York were higher at the time of the London equity close.

The Dow Jones Industrial Average, S&P 500 index and Nasdaq Composite were all 0.3% higher.

Markets broadly took encouragement from in-line US inflati

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