British Energy drags down London market to lower opening

The London Stock market opened lower on Friday following drastic fall from British Energy shares.
The benchmark FTSE 100 index dropped 29.80 points, or 0.55 percent, at 5,382.10 by 8:50 British summer time.
Top the falling league was the British Energy Group whose shares lost 5.9 percent after news of a falling-apart takeover bid from France's EDF.
British Airways also shed 1.7 percent following a sharp fall in first-quarter profits due to rising fuel prices.
Kingfisher was the big gainer, with its shares adding 3.97 percent.
Source:Xinhua