Around the World's Markets: LONDON
WORRIES ABOUT Asia and the impact of the strong pound hit shares for the second day running. Footsie, up 48.1 points in early trading, ended 82.7 down at 5,769.8, its lowest for six weeks. At one time the index was off 102.2. Currency-sensitive stocks had another poor session with BAe off 21p to 489p. Hopes of yet further consolidation in the drugs industry lifted SmithKline Beecham 19p to 737p and Zeneca 32p to 2,602p. Government stocks gave ground.
See Market Report, page 17
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies