European Stocks Fall

The Nikkei and Hang Seng also lose ground

European stock markets finished lower on Friday. In London, the Financial Times-Stock Exchange 100 index fell 11.9 points to 4741.5, as a weaker dollar hurt sentiment throughout European markets. Jardine Lloyd Thompson plunged 20% after announcing its chief executive Steve McGill quit. The insurance broker also said profits would be lower than market expectations after a difficult second-half trading environment.

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