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Around the World's Markets: London

Wednesday 02 December 1998 00:02 GMT
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FOOTSIE SUFFERED the third biggest fall in its history yesterday as a sharp overnight sell-off on Wall Street sparked a savage round of profit-taking. Heavy selling left the blue-chip index 206.4 lower at 5537.5, its largest slump since the 1987 crash., with more than 1.1 billion shares traded. A bearish CBI services survey and a gloomy report on manufacturing made things worse. The other indices fared slightly better, the mid cap ending 80.3 lower at 4821.4 and the small cap 25.5 off at 2039.5.

Market Report, page 23

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