Corporate results send FTSE into a gloom

The London market was deep in negative territory today as investors reacted poorly to the latest round of corporate results.

Corporate results send FTSE into a gloom
Wed, 02 Mar, 2005 - 11:28

The London market was deep in negative territory today as investors reacted poorly to the latest round of corporate results.

Despite upbeat announcements, HBOS, William Hill and Prudential were under pressure as the FTSE 100 Index weakened 29.9 points to 4970.6 by mid-morning and eroded yesterday’s gains that took it through the 5000 barrier.

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