Footsie closes worst year ever in its history
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Published
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Thu, 01 Jan 2009 13:50
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London - The London stock exchange's benchmark FTSE-100 index closed Wednesday the worst year in its history, while pound sterling also finished on a weak note. The list of 100 stocks on the Financial Times index finished at 4434 points, a loss of 31 per cent after starting the year 2008 at around 6457 points. It was the biggest loss ever for the FTSE-100 since the index was established 24 years ago. Amid the world financial turmoil, two banking stocks were the year's biggest losers. Halifax Bank of Scotland lost over 90 per cent of its value, while Royal Bank of Scotland lost 87 per cent. Pound sterling meanwhile was quoted at just 1.04 euros, also well down from the 1.36 euros rate at which the British currency started the year.
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| Stock
Quotes * |
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NASDAQ
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2792.28 |
22.57 (
0.81 %)
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| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
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CARNIVAL
(
11:35am )
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2017.00 |
46.00 (
2.42 %)
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WHITBREAD
(
11:35am )
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1662.99 |
33.99 (
2.09 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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IBM
(
12:34pm ) |
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181.50 |
0.43 (
0.24 %)
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| SYMBOL (
2012-01-19 )
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| LAST |
CHANGE
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