The FTSE succumbed to sterling strength on Friday after mixed euro-zone purchasing-managers' indices (PMI) data for June and following PM Theresa May jawboning on the matter of EU nationals living in the UK post Brexit. Approaching midday, the FTSE 100 was down 32.77 points, or 0.44%, to 7406.52, while the FTSE 250 was down 13.46, or 0.07%, to 19645.0. The British currency was up almost half a percent on the dollar, and about a quarter of a percent on the euro. Crude-oil prices were moderately ahead, while gold, silver and copper prices were all advancing firmly. Key equities indices in Europe were all hastening lower. Smurfit Kppa (SKG) led the FTSE 100 down with a 2.89% slide to 2349p, and was followed by Mediclinic (MDC), down 2.42% to 755.75p. Johnson Matthey (JMAT) fell 2.08% to 2877p. There was a preponderance of falling pharmas, these guided by Shire (SHP), down 1.71% to 4547p. Oil majors Shell (RDSA) and BP (BP.) were both down about 0.9%, and nearby were a string of insurers guided by Standard Life (SL.), down 1.18% to 385.1p, and Prudential (PRU), down 0.99% to 1777.25p. House builders were broadly lower, as were multiple supermarkets and and miners, the latter off the pace due to the rises in metals prices. To the upside, ITV (ITV) led wiht a 2.4% improvement to 181.15p. It was followed by Fresnillo (FRES), up 2.37% to 1597p. Also gaining were commercial property and utilities. Rio Tinto (RIO), up 0.02% to 3039.25p, has successfully completed its bond tender and redemption exercises announced on 22 May 2017 and has reduced gross debt by a further $2.5bn. Meanwhile, May alleged in Brussels last night that EU citizens who had arrived lawfully in the UK before Brexit would have the chance to accrue the same rights as UK citizens to work, healthcare and benefits. Her offer fell well short of the EU's reasonable request for its citizens living in the UK to maintain all EU rights in perpetuity. It also came after her pledge to deliver "strong and stable" government following the election. BIGGER MOVERS Ncondezi Energy Ltd (NCCL), up 47.83% to 4.25p and then off earlier highs around 6.75p, has raised an additional $582,000 from existing lenders and senior management to be used to fund the new partner search and to provide working capital for the group. blur (BLUR), down 61.76% to 3.25p, has warned shareholders the value of their holdings could be severely reduced or become nil unless it secures alternative near-term financing within the next few weeks. Xtract Resources (XTR) was up a phenomenal 18,081% to 2p. This followed yesterday's AGM which approved the company's capital reorganisation, which comprised a share consolidation and subdivision. ECONOMIC NEWS Euro zone's flash manufacturing PMI for June came in at 57.3, which was up on the 56.8 expected. Its flash services PMI was 54.7, against views for 56.1. The flash manufacturing PMI for German and France beat forecasts, but their services PMI were both below market views. LONDON HIGHLIGHTS Zenith Energy (ZEN), down 12.12% to 7.25p, said Italian coiled tubing company Smape Srl is to perform several well interventions in the Muradkhanli, Jafarli and Zardab fields, the first of which will be well M-195. European Wealth (EWG), down 11.29% to 27.5p, said its assets under management rose 25% to £1.5bn in the year to the end of December. It also said it had entered into a subscription and underwriting agreement with Astoria and Kingswood to raise £9.2m. Randall & Quilter Investment Holdings (RQIH), up 7.04% to 144.5p, has reached agreement to sell the entire share capital of its Lloyd's managing agency, R&Q Managing Agency Ltd (RQMA), to Coverys. It would received a cash payment of $22.6m. Falcon Media House (FAL), up 5.22% to 15.13p, has signed a memorandum of understanding with Tata Communications (UK) to collaborate on an over-the-top service aimed at brands and content rights' holders. Red Rock Resources (RRR), down 5.13% to 0.93p, has entered into financing agreements under which it will fund Steelmin Ltd to complete the refurbishment and recommissioning of a ferrosilicon smelter in Jajce, Bosnia, and acquire an interest in that company. SolGold (SOLG), up 1.62% to 39.63p, has provided an update on the assay results from Holes 24 and 25 at Cascabel, its copper-gold porphyry project in Ecuador. Workspace (WKP), down 0.5% to 202.5p, has acquired Salisbury House at 28-31 Finsbury Circus, London EC2, for cash of £158.7m. Flowtech Fluidpower (FLO), up 2.12% to 138.88p, has strengthened its power motion control division via the acquisition of Hi-Power Ltd and the business and certain assets of Hi-Power Hydraulics. SRT Marine Systems (SRT), up 1.04% to 48.5p, has received a contract from the United Nations Food and Agriculture Organisation to supply a package of specialist AIS Class B transceivers and communication devices, satellite AIS data and a vessel tracking display system in Somalia.