FTSE falls but stays on track for twelfth month of gains

The FTSE 100 index fell once again today as nervous investors continued to take profits, but it remains on track to lock-in its twelfth consecutive month of gains.

The FTSE 100 was off 1% or 69 points by 11:20am, at 6,588 points, having fallen around 4% from its peak of 6,840 just last week. However, despite the move down, the index remains on course to achieve a full year's worth of gains on a monthly basis. Barring a major sell-off today which would need to wipe off a further 150 points, the index should achieve this latest milestone, following a surge at the start of May which sent shares racing up near record highs. Today the fallers column was mixed, with support services group Experian the worst performer, off 3.7%, while insurer and as...