India, June 13 -- Renewed geopolitical tensions from the Israel-Iran conflict weighed on sentiment for the FTSE 100 benchmark as it shed more than a quarter percent in Friday's trade.

Data released on Thursday that showed the British economy contracted by 0.3 percent month-on-month in April also weighed on sentiment. The first decline in six months was also the sharpest drop since October 2023.

FTSE 100 oscillated between 8,898.63 and 8,822.20 as compared with the previous day's closing level of 8,884.92.

The benchmark index of the London Stock Exchange is currently trading at 8,854.54, having slipped 0.34 percent on an overnight basis.

In the 100-scrip index, only 16 are trading in the overnight green zone. BAE Systems topped overnight...