Market crisis worsens as FTSE loses 4%

No shares made gains on the FTSE 100 and serious losses were incurred. Antofagasta shares slid 75 points, or 10.98%, to 608p as investors feared mining stocks would suffer as the credit crisis begins to dominate the global economy. Fellow miner Lonmin fell 290 points, or 9.41%, to £27.92, closely followed by Anglo American Ordinance, down 255 points, or 9.36%, to £24.70. Vedanta Resources shares fell 138p, or 8.44%, to £14.98 and Kazakhmys shares were down 98 points, or 8.38%, to £10.71. On Wall Street, the markets continued to be rocked by the sub-prime fiasco in early trading and the...