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The Independent Online

LEADING SHARES ended the week with another sharp drop as the bearish word of the US Federal Reserve chairman Alan Greenspan continued to depress sentiment.

The FTSE 100 fell for the sixth day in a row, shedding 90.4 points to settle at 6,207.4. Dealers said the selling spree was sparked by fears of a hike in US interest rates and two large programme trades. The smaller indexes were also down, with the Mid Cap down 11.7 at 6,010.1 and the Small Cap down 4.6 to 2,726.0. Market Report, page 21