Fri, 20 Jan 2012 16:13:21 GMT
FTSE retreats after jumping to 5-month high
After climbing to 5-month record high on Thursday, FTSE 100 Index pulled back 0.3% on Friday, pressed by oil and mining stocks. Investors also perceived negatively the lingering Greece's debt negotiations. BP PLC lost 2.7%, Cairn Energy PLC dropped 0.8% and Tullow Oil PLC slipped 1.2%. Petrofac Ltd. tumbled 4.7% after the firm was downgraded from buy to neutral due