Britain's top share index posted its worst weekly loss since November after falling for a third straight session on Friday when weak U.S. jobs data dampened expectations of steady recovery in the world's largest economy.
But traders said future market falls could be limited by sustained monetary stimulus from the U.S. Federal Reserve, which has been a key driver behind a 25 percent rally in the FTSE 100 since last summer.
The index of Britain's 100 largest shares, which derive around a quarter of their earnings from North America, fell 1.5 percent to 6,249 points, taking its weekly loss to 2.5 percent, on news that U.S. employers hired at the slowest pace in nine months in March.
The 88,000 new jobs created fell short of the lowest estimate in a Reuters poll of economists and of bearish trader expectations before the release.
"At first sight, it's very disappointing but with the Fed determined to keep (its stimulus programme) going until unemployment goes quite a lot lower, that should provide support," Richard Griffiths, associate director at Berkeley Futures, said.
The FTSE, which traded as low as 6,214 points after the data, cut losses in late trade. Traders said the Fed would have to keep pumping out money through its bond-buying programme, or quantitative easing (QE).
The Fed, which is buying $85 billion of Treasuries and mortgage-backed securities each month to boost growth and hiring, has said it will keep interest rates near zero until the unemployment rate falls to at least 6.5 percent, as long as
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