FTSE closes 109 points down

The London market continued its rollercoaster ride today, closing deep in the red as hopes of a prolonged revival began to fade.

The FTSE 100 Index regained some of its poise after a 145.2 point slump in the first hour of trading, but still saw a decline of more than 100 points at close, down 109.5 points to 6250.6.