FTSE down for fifth session in a row

The FTSE 100 Index closed in the red for the fifth session in a row today as economic fears and banking losses weighed on the London market.

FTSE down for fifth session in a row
Tue, 13 Jan, 2009 - 17:18

The FTSE 100 Index closed in the red for the fifth session in a row today as economic fears and banking losses weighed on the London market.

Blue chip banks fell by as much as 10% amid investor worries about prospects for further write-downs and another round of balance sheet restructurings.

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