Our regional share index dipped 0.62 per cent to 992.21, compared with the struggling FTSE 100 Index which fell a further l.65 per cent.
"The Bank of England's decision to leave interest rates on hold did little to boost the depressed market which has fallen below the psychologically important 5000 mark this week.
"This downward trend looks set to continue in the short term as sentiment in equity markets remains negative," said Brewin's Lynsey Wilson.
The top performer in the MEN/Brewin index was MyTravel, which shot up 13.56 per cent to nearly 174p after a European court over-ruled a 1999 decision to block the then Airtours' bid for rival UK travel company First Choice.
Good cheer continues for Warrington-based Burtonwood Breweries, with further rises of nearly 10 per cent to 265p, following last weeks strong figures.
Not so good was the continuing downward slide for Manchester United, which dipped 1.61 per cent to 122p, while AstraZeneca fell 4.32 per cent, hampered by patent worries. SSL also weakened as investors showed concern over growth prospects.
In all, there 25 companies fell on the week, while 14 rose and 11 were unchanged. Tweet
