PANIC continued as the London Stockmarket opened today, with the FTSE 100 Index falling 3 per cent in early trading.Around £77 billion was wiped for the value of the FTSE on Monday, the largest one-day plunge since the 9/11 terrorist attacks on New York and Washington DC in 2001.
PANIC continued as the London Stockmarket opened today, with the FTSE 100 Index falling 3 per cent in early trading.
Around £77 billion was wiped for the value of the FTSE on Monday, the largest one-day plunge since the 9/11 terrorist attacks on New York and Washington DC in 2001.
Overnight there were further falls on Asian exchanges as growing concern over a possible US recession swept through markets around the world.
Today the Footsie continued its decline, falling 192.7 points to 5385.5.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here