Economics / Markets

London stocks can't escape the global credit crisis which decimated many foreign markets overnight, with the FTSE 100 down 96.5 points, or 1.54%, to 6174.7 - in early trading.

The FTSE closed tonight at 6271.2 after falling 122.7 points, or 1.92%.

Utilities have switched off in morning FTSE 100 trading, with the index currently down 49.9 points, or 0.78%, to 6344.

The FTSE 100 had a second consecutive solid day of growth, up 85.1 points, or 1.35%, to 6393.9.

The FTSE 100 is all over the place in morning trading, currently up 22.2 points, or 0.35%, to 6331 - but steadily falling.

The FTSE 100 soared early and then consolidated its gains in late trading to record a 119.7 point rise, or 1.93%, to close at 6308.8.

A strong performance on Wall Street overnight has led to an opening surge for the FTSE 100, currently up 63.5 points, or 1.03%, to 6252.6.

The FTSE closed this afternoon at 6189.1 after falling 35.2 points, or 0.57%.

The FTSE opened at 6188 this morning after dropping 36.3 points, or 0.58%.

The FTSE Allshare was down at the end of the week by 1.06% on the back of losses in the US with the FTSE100 falling 1.21%.