The FTSE 100 unsurprisingly opened sharply lower in early trading this morning following the 245 poi...
The FTSE 100 unsurprisingly opened sharply lower in early trading this morning following the 245 point decline for the Dow last night. Despite positive signs for the retail sector following a surge in sales at supermarket giant Sainsbury's, a raft of mining declines sent London's blue chip index 51.03 points down, or 1.13%, to 4,456.48 by 8:25am. The FTSE is now more than 180 points lower than Tuesday's close. The top five laggards so far are all from the resources sector - with Rio Tinto and Kazakhmys 5.41% and 4.72% behind respectively. Tullow Oil leads the way early, 4.15% ahead to...
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