Newspaper article The Journal (Newcastle, England)

Ebola and Eurozone Prompts Tumbling Markets

Newspaper article The Journal (Newcastle, England)

Ebola and Eurozone Prompts Tumbling Markets

Article excerpt

Byline: FTSE 100 OLIVER YORK Brewin Dolphin

EQUITY markets across Europe tumbled yesterday as worries about the state of the Eurozone and spread of Ebola continued to weigh heavily on investors' minds. As global oil prices plunged to the lowest level in almost four years, equity markets followed suit.

The FTSE 100 ended the day down 1.43% at 6340.0 whilst the FTSE 250 fell 1.15% to close at 14641.6.

On a day when markets struggled, notable gainers were difficult to find.

BT ended the day up just 0.14% at 369.5p, despite trading higher at midday trading. Investors initially reacted positively to the announcement of a new wave of innovative products and services which aim to encourage large organizations to use technology more creatively, but the share price was dragged back by the close of trading.

Persimmon and AstraZeneca were the main risers in a difficult market, closing up 1.2% and 2.1% respectively.

TUI Travel was one of the FTSE 100's biggest fallers as the British travel group fell 3. …

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