London's FTSE 100 retreats as banks, energy weigh but eyes weekly rise

Sept. 18 (Reuters) - London's FTSE 100 pulled back from an over one-week high on Friday, dragged by banks and energy stocks, but was set for gains in a week packed with economic data and central bank decisions.

The blue-chip FTSE 100 index .FTSE fell 0.6% to 10,751.57 points by 0953 GMT, poised for its biggest weekly jump since late July. The midcap FTSE 250 .FTMC was flat, but was on track for its sharpest weekly rise since early August.

• On Friday, financial stocks were the biggest drags on the index. Banks .FTNMX301010 lost 0.7%, with Lloyds LLOY.L and HSBC HSBA.L falling 1.2% and 0.6% respectively.
• Energy companies .FTNMX601010 were down 0.8%, as oil prices fell for a third straight session on easing concerns over Saudi supply disruptions.
• Telecom stocks .FTNMX151020 were the biggest percentage decliners with a 4.3% tumble. Airtel Africa AAF.L lost 8.8% after a report said its Airtel Money was considering downsizing its London IPO.
• On the flip side, precious metal miners .FTNMX551030 rose 1.6%, as gold prices extended their rally.
• Data showed British consumers unexpectedly increased their shopping in August, although they cut fuel purchases after prices jumped.