FTSE tumbles to three-month low

The London market tumbled to its lowest level for three months today as banks, insurers and telecoms stocks weighed on trading.

Fri, 17 Jan, 2003 - 17:24

The London market tumbled to its lowest level for three months today as banks, insurers and telecoms stocks weighed on trading.

By the close of dealing the FTSE 100 Index was down 61.2 points at 3820.6, after spending the whole day in negative territory.

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