Economics / Markets

In London, a fall in banking shares pulled the markets down and the FTSE 100 closed down 72.5 points, or 1.13%, to 6,359.6.

The FTSE fell 44.4 points, or 0.69%, to 6387.7p as markets opened today with a poor performance from financials a drag on the index.

The FTSE rose 69.7 points, or 1.1%, to 6432.1p.

The FTSE rose 98.4 points, or 1.55%, to 6460.8p this morning.

The FTSE rose 24.5 points, or 0.39%, to 6362.4p this afternoon.

In London, markets fell in early trading; mirroring losses in Asia and the US, and the FTSE 100 was down 54.6 points, or 0.86%, to 6,283.3.

It was a tale of two sectors in London today, with financials keeping the FTSE 100 ahead of retreating miners.

The FTSE 100 has jumped in early morning trading as Standard Life and the financials dominate action.

Financials and miners were slammed in London today as the US banking sector took another hit.

GLOBAL markets are unlikely to enter into a recession despite weakening economic data, according to Robert Parker, vice chairman of Credit Suisse.