Stock market plunges over 5% (AFP)

Monday, December 1st, 2008 | Finance News

LONDON (AFP) –
The London stock market slumped more than five percent in late trade Monday, mirroring heavy losses across Europe and on Wall Street as investors banked profits from recent strong gains.

London's FTSE 100 index of leading shares was down 5.22 percent or 223.90 points at 4,064.11 points about 30 minutes from the close.

Source

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