FTSE down this morning

London’s top flight share index fell 2.5% today as investors ditched banking stocks following the crisis at US investment bank Bear Stearns.

FTSE down this morning
Mon, 17 Mar, 2008 - 11:53

London’s top flight share index fell 2.5% today as investors ditched banking stocks following the crisis at US investment bank Bear Stearns.

The fall for the FTSE 100 Index followed plunges in Asian markets overnight as investors digested the Wall Street bank’s emergency bailout and acquisition by rival JP Morgan Chase.

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