London shares sharply lower

Leading shares in London remained low following Wall Street's dive on Friday, triggered by profits warnings, and as the insurers succumbed to a welter of worrying news, upsetting sentiment in the wider financial sector.

Mon, 30 Sep, 2002 - 12:45

Leading shares in London remained low following Wall Street's dive on Friday, triggered by profits warnings, and as the insurers succumbed to a welter of worrying news, upsetting sentiment in the wider financial sector.

Earlier today the FTSE 100 index was 104.7 points lower at 3802.5, having been down to 3782.0 this morning.

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