In the UK this morning the FTSE 100 index is trading down led by mortgage companies, HBOS and Northern Rock.
The benchmark has slipped about 59.8 points to 4555.6 points. HBOS and Northern Rock are each down 14.50p to 713.5p and 712.5p respectively. Centrica also fell 6.25p to 229.75p this morning. High street retailers, Sainsbury and Marks & Spencer are up 5.5p and 1.75p to 252p and 358.75p. In Japan at close early on Saturday morning, the Nikkei 225 Stock Average reached its lowest level in five months, after the country experienced its deadliest earthquake since 1995 and the dollar weakened against the yen. The Nikkei slid 1.8% to 10,659.15 points; its lowest since the middle of May....
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