The FTSE 100 has slumped by 8.3% following the UK’s vote to leave the European Union in yesterday’s referendum, while government bond yields have fallen to record low levels. Markets will also now be digesting the news Prime Minister David Cameron has announced his resignation. He said this morning he hopes a new leader will
Mining stocks have weighed on the FTSE 100 after a big drop in exports from China, the world’s top metals consumer, spooked investors. The UK blue chip index fell 53 points, or 0.9%, to 6,129, with mining stocks registering heavy falls on news that Chinese exports tumbled 25.4% in February, a much bigger fall than
Update: The FTSE 100 has fallen by 4%, dropping firmly into bear market territory as the oil price suffered another steep fall. The UK blue-chip index fell 235 points, or 4%, lower at 5,641 as a slump in US markets at the open sparked a renewed drop on the FTSE 100. That represents a fall of more than
FTSE 100 falls more than 200 points as further signs of slowing Chinese growth spark fears among investors. Stock markets have fallen further into the red in afternoon trading as fears over slowing Chinese growth gathered strength. The FTSE 100 fell 209 points, or 3.3%, to 6,039, after US markets tumbled on the open, following fresh economic data showing China’s
