In London, shares fell in early trading as credit worries continued and the FTSE 100 was down 85.7 points, or 1.31%, to 6,442.2.
Pearson made the biggest gains, up 5.5 points, or 0.72%, to 770.5p, followed by Rexam, which added 1 point, or 0.19%, to 531p. Sage gained 0.25 points, or 0.11%, to 237.25, Hammerson climbed 1 point, or 0.1%, to £10.45, while GlaxoSmithKline gained 1 point, or 0.08%, to £12.44. British Energy saw significant losses as it admitted two nuclear generators would be slow to return to service, down 42 points, or 7.25%, to 537p. Kazakhmys lost 85 points, or 5.54%, to £14.49, while Vedanta slipped 104 points, or 4.81%, to £20.59. On Wall Street, shares plummeted by the end of Friday, also due t...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes