FTSE and Dow drop 1.2% on global market jitters

clock •

The FTSE 100 has fallen 1.2% this afternoon as eurozone debt fears and reports of hostilities between North and South Korea continued to dent investor sentiment.

Man Group was the biggest faller, down 3.57% to 278.2p, but miners accounted for the bulk of losses. Vedanta Resources declined 3.47% to £21.44, while Antofagasta was down 3.35% to £13.29 and Kazakhmys fell 2.85% to £13.99. However, gold miners were some of the biggest climbers on the index, reflecting fears about the outlook for the global economy. Fresnillo advanced 1.78% to £14.29, while Randgold Resources was up 0.92% to £60.60. Among the banks, Asia-focused Standard Chartered was the worst performer, down 2.04% to £17.49, followed by Barclays dropping 1.37% to 266.3p and HSBC ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read
Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

Jack Roach
clock 23 September 2026 • 2 min read