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Around the World's Markets: London

Wednesday 05 August 1998 23:02 BST
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FOOTSIE crashed 103.6 points to 5,632.5 as New York's overnight slump battered confidence. The blue-chip index is now at its lowest since February after hitting a 6,179 peak last month. Second and third line shares joined in the retreat.

The market remains uneasy about the White House sex scandal, the Asian outlook, sterling's strength and the threat of higher interest rates. Cadbury Schweppes was one of the few blue chips in form, gaining 27p to 864p.

Derek Pain, page 21

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