Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Fear for revised bail-out plan rejection weigh down London stocks
+ -
10:26, October 03, 2008

 Related News
 London mayor pledges safer, greener, fairer capital city
 Banking shares facing test as London market awaits U.S. rescue plan
 London 2012 announces plans for Cultural Olympiad
 London considers holding 2012 Olympic ceremonies across city
 Britain to present Cultural Olympiad
 Comment  Tell A Friend
 Print Format  Save Article
The London stocks market fell as investors reacted to Wall Street fear that a revised financial bail-out plan might be rejected by the U.S. House of Representatives, with the FTSE 100 index ending 89.3 points, or 1.8 percent lower at 4870.3.

The market reacted to the fear late in the afternoon after a encouraging trade early afternoon.

Miner Vedanta led the fallers, down 12 percent after a broker downgrade, while HBOS shares jumped 15 percent on rising confidence that its takeover by Lloyds TSB will go ahead.

Marks and Spencer ended with a 8 percent rise despite reporting a 6.1 percent fall in UK like-for-like sales, as investors welcomed news that M&S was planning to cut costs.

Other retailers also rose, with Next up 3.8 percent.  

Source:Xinhua



  Your Message:   Most Commented:
China's 3rd Manned Space Mission
Scientists start experiment to recreate Big Bang
EU wants to be more equal to Washington
China fights uphill battle for food safety
FM: China indignant, opposed to U.S. Senate legislation on Tibet 

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90865/6509228.pdf