By Steve Goldstein
U.K. stocks on Friday fizzled into the finish of the trading year.
The FTSE 100 slipped 0.3% to 7384.54 in a half day of trade on the London Stock Exchange, with more than two-thirds of components losing ground.
For the year, the FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX +0.07% ended with a 14% gain, underperforming the 27% advance for the S&P 500 /zigman2/quotes/210599714/realtime SPX +3.09% and the 21% gain for the Euro Stoxx 50 /zigman2/quotes/210599380/delayed XX:SX5E +0.63% .
The midcap FTSE 250 /zigman2/quotes/210598417/delayed UK:MCX +1.14% , which is more exposed to the U.K. economy than the top index, rose 15%.
The British pound /zigman2/quotes/210561263/realtime/sampled GBPUSD +1.1279% fell 1% vs. the dollar but /zigman2/quotes/210561278/realtime/sampled GBPEUR +0.7336% rose 6% against the euro in the first year the U.K. was outside the European Union.