FTSE drops on falling metal prices

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In London, markets fell for a second day as investors worried about the state of the US economy and the FTSE 100 dropped 82.7 points (1.37%) to 5,942.

British Land shares added 38.5 points (4.37%) to 920.5p despite suggestions the UK property market is its worst crisis for over a decade. British Airways gained 12 points (4.32%) to 289.5p. Antofagsta shares dropped as falling metal prices affected the mining industry, down 43 points (6.8%) to 589.5p, while Rio Tinto lost 336 points (6.73%) to £46.60. On Wall Street, markets fell as tech companies performed poorly and the Dow Jones lost 26.09 (0.21%) to 12,475.02. JP Morgan Chase made a slight recovery as losses from the sub-prime crisis were lower than expected, down 2.02 (5.16%) to...

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