Economics / Markets

In London, shares fell sharply in early trading and continued to fall and the FTSE 100 sank below the 6,000 level, down 250.4 points, or 4.1%, to 5,858.9.

Early morning struggles on the FTSE have seen it slip a massive 118 points, almost 2%, to 5990.9.

In London, the FTSE 100 recovered slightly from early morning losses but ended the day down 34.2 points, or 0.56%, to 6,109.3.

In London, markets fell due to continuing concern over global credit markets with the FTSE 100 down 52.9 points, or 0.86%, to 6,090.6.

What looked like a day of stability for the FTSE 100 turned bad in late trading, as an afternoon slide pushed the index 75.5 points lower, or 1.21%, to 6143.5.

The FTSE 100 is down in early trading after a late dip on Wall Street, currently on its way up but still sitting 23.5 points lower, or 0.38%, to 6195.5.

Global markets recovered from last week's slump as world banks injected extra cash into the banking systems.

The markets recovered this morning from the symptoms of global credit fears after world banks pumped extra money into banking systems.

AS India marks 60 years of independence, Sam Mahtani, manager of F&C's Indian Investment Company, says the country's economic outlook is rosy.

Global credit fears dragged the FTSE down 210.6 points, or 3.36%, to 6060.6 this afternoon.