London shares fell sharply in early trading as investor confidence was hit by stock prices plummeting across the world, with the FTSE 100 down 73.9 points (1.38%) to 5,288.2 by mid-morning.
Next shares rose slightly, up 9p (0.83%) to £10.91, while British Airways added 1.25p (0.5%) to 251.25 as oil prices continue to ease. Eurasian shares fell 46p (5.28%) to 826p, while Ferrexpo dropped 10.2p (5.15%) to 187.8 despite higher materials prices. Wall Street witnessed a major share sell-off on Thursday after new data revealed weakness in the US economy, with the Dow Jones dropping 344.65 points (2.99%) to 11,188.23. Coca-Cola was the only share on the leading index to make a gain, up just 0.05 (0.1%) to $51.71. Financials led the decline in US stocks, with Bank of America f...
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