Britain’s blue-chip index hit a seven-month low of 6,359 points, more than 10% from its record closing high of 7,104 points in April
Britain’s leading share index dived for an eighth consecutive day on Thursday, as tumbling oil prices and anxiety over a slowing economy in China sent the FTSE 100 officially into correction territory – a fall of 10% from its recent peak.
The blue chip index hit a new seven-month low of 6,367 points, down 0.5% on the previous close and into its longest losing run since 2011. It has lost more than 10% from its record closing high of 7,104 points set in April.
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Source: The Guardian Circular Economy RSS