FTSE slumps by 9%

A dramatic slide for share prices worldwide today killed off any hopes that markets could be on the mend after the recent banking crisis.

Fri, 24 Oct, 2008 - 12:29

A dramatic slide for share prices worldwide today killed off any hopes that markets could be on the mend after the recent banking crisis.

London’s FTSE 100 Index slumped by as much as 9% while European markets suffered a similar fate after Japan’s Nikkei index fell 9.6% last night.

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