FTSE hits biggest loss in five months

Professional Adviser
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The biggest one-day loss in five months hit the FTSE 100 index today, when it dropped more than 100 ...

The biggest one-day loss in five months hit the FTSE 100 index today, when it dropped more than 100 points to 5,100 on fears over forward crude oil prices and sharp drops in telecoms share prices. Whether it was the dour May bank holiday weekend weather or some other reason, traders came back to their desks today intent on selling. 17 stocks declined for every one that gained this morning. Investors piled back into mining, construction materials and building stocks to find security. Anglo American was an early leader, currently up 2p to £11.5, after the price of gol...

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