FTSE 100 falls in early trading
Wednesday 25th March 2009, 8:51AM GMT.
The FTSE 100 continued to fall in early trading, weighed down by financials and mining stocks.
By 08:26 GMT, the index fell 11 points to 3,900.12, led by a 9.8 per cent fall in Smiths Group shares after the technology firm reported a fall in first half profits.
Insurer Aviva followed with a 9.36 per cent fall, while miner Anglo American was down by 2.35 per cent and Rio Tinto dropped 2.32 per cent.
Energy companies performed better on the index, with Tullow Oil up 1.52 per cent and Drax Group up 0.92 per cent.
Overnight, optimism over US plans to revive the economy seems to have to drained away.
The Dow Jones fell 1.49 per cent, while the S&P 500 dipped 2.03 per cent.
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