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Fresh wave of economic gloom sees index diving; MARKET REPORT SHARE PRICES.(Business)
- Article from:
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The Birmingham Post (England)
- Article date:
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September 5, 2008
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Copyright informationCOPYRIGHT 2008 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The FTSE 100 Index dived more than two per cent for the second successive session yesterday as a fresh wave of economic gloom hit stocks.
Forecasts of lower growth in the euro zone and some downbeat data in the US saw banks and dollar-facing firms take the main punishment in London.
The Footsie closed down 137.6 points at 5362.1 - a drop of 2.5 per cent. The top ...
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