FTSE 100 drifts lower in mixed day for Europe

Stocks in London closed mixed on Friday, with weak mining and pharmaceutical stocks dragging the blue-chip FTSE 100 lower, but mid-caps posting modest gains.The FTSE 100 index closed down 22.56 points, 0.2%, at 10,750.11. The FTSE 250 ended up 29.71 points, 0.1%, at 24,867.42, while the AIM All-Share closed up slightly at 800.92.For the week, the FTSE 100 was down 1.4%, the FTSE 250 was up 0.1%, and the AIM All-Share climbed 0.3%.For the FTSE 100, Friday’s falls drew an underwhelming week to an end, with analysts wondering if the drop reflected a summer lull or something more significant.David Morrison, senior analyst at Trade Nation, said it looks as if momentum on London is picking up to the downside.“These pullbacks mark a pause in a sustained summer rally that had pushed European indic