FTSE continues plod into bear territory

As of 3.25pm, the FTSE had dropped 59.9 points, or 1.09%, to 5,416.7. Meanwhile, the Dow Jones is showing signs of recovery across the Atlantic. Friends Provident has climbed to the top of the loser’s table, dipping 6.1p to 95.4p, and is followed by ICAP and Tui Travel. Tesco, up 16.1p, or 4.71%, to 357.6 is heading the winner’s table on a strong afternoon for supermarkets. Morrison lies second after advancing 7.5p. In the US, markets are closed for the Independence Day holiday. Contact: Scott Sinclair News Editor 020 7034 2636 [email protected] IFAonline