Heavy losses for FTSE

Investors turned against financial stocks again today as the sector pulled the FTSE 100 Index down more than 2%.

Heavy losses for FTSE
Thu, 29 Jan, 2009 - 18:22

Investors turned against financial stocks again today as the sector pulled the FTSE 100 Index down more than 2%.

The falls were mirrored in the US as evidence of the poor state of the world's economy mounted. The FTSE closed down 105.1 points at 4190.1, reversing all of yesterday's gains.

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