Footsie Feels Force of Tokyomeltdown ; Market Report

Evening Standard - London › January 18, 2006

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Summary

SHOCKWAVES from another share price plunge in Tokyo reverberated throughout the Square Mile today.

Investors beat a ragged retreat in London as the FTSE 100 index dipped below the 5700 support level with a fall of 45.8 to 5653.2.

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Extract

Footsie Feels Force of Tokyomeltdown ; Market Report

A second day of heavy selling in Tokyo brought meltdown to the world's second biggest stock market and prompted the suspension of trading 20 minutes early because overworked computers were unable to cope....

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