FTSE drops on China concerns

The FTSE 100 Index dropped back below the 5600 level today as concerns over moves to calm China’s economy hit mining stocks hard.

FTSE drops on China concerns
Mon, 15 Mar, 2010 - 18:00

The FTSE 100 Index dropped back below the 5600 level today as concerns over moves to calm China’s economy hit mining stocks hard.

Fears that China may take potential monetary policy action to ease inflation and therefore dent demand for commodities saw metal prices drop sharply, sending blue chip miners into the red.

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