FTSE seen opening lower

LONDON (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index is seen opening 95-110 points lower on Friday, as fears about the euro zone debt crisis added to uncertainty about an election result that looks set to be inconclusive, with U.S. payrolls also in focus.

Financial bookmakers see the blue-chip index falling around 2 percent after an 80.94 point fall on Thursday when it closed at 5,260.99.

Investors will watch producer price data at 4:30 a.m. ET. PPI input is seen up 0.9 percent in April, after a 3.6 percent rise in March, giving an annualized increase of 13.1 percent, up from 10.1 percent in the previous month.

The main macro focus, however, will be on April U.S. non-farm payrolls, due at 8:30 a.m. ET, which are forecast to have risen by 200,000, after a 162,000 increase in March, with the unemployment rate seen steady at 9.7 percent.

Penny Stocks

(Reporting by Simon Falush and Jon Hopkins)

FTSE seen opening lower