Tuesday, January 22, 2008

FTSE 100 stabilises after slump

By Robert Winnett, Deputy Political Editor and Richard Blackden
Last Updated: 9:25am GMT 22/01/2008

The FTSE 100 stabilised in early morning trading as investors' digested yesterday's slump, which was the steepest for the index since the Sept 11 terrorist attacks.
The index dropped sharply to 5441.1 at the open hours after all of Asia's major stock markets plummeted, continuing the bloodbath in share prices that saw London's FTSE 100 yesterday suffer its biggest one-day fall since the 9/11 terror attacks.


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