FTSE 100 slides on negative PPI data

FTSE 100 Index dropped by 0.1% on Friday to trade at 5690.50 at the time of writing. Negative producer prices data weighted down on the UK stock markets. At the same time, recent ECB's cut of the benchmark interest rate failed to provide support for the equities. Aviva was the top-performer, soaring by 2.95%, on news that the insurance firm plans to sell a part of its stake in Delta Lloyd. Meanwhile, financials were mixed, with HSBC Holdings climbing 0.75% and Lloyds Banking and Barclays both falling by 0.03% and 0.15%. Shares of the largest miners as Rio Tinto and BHP Billiton dropped 1.24% and 0.60%.