Worries over China cause FTSE 100 to fall

Wednesday 13th January 2010

The FTSE 100 ended Wednesday down almost half a per cent as concerns over China continued to worry world stock markets.

The move by Beijing to curb bank lending plus a relatively disappointing start to the US fourth quarter corporate earning season are reported to have caused concern among traders.

At the close of play in London, the FTSE 100 stood at 5,473.48, a drop of 0.46 per cent, or 25.23 points.

The biggest loser of the day was Randgold Resources which dropped by 2.8 per cent, or 145 points.

London Stock Exchange Group also witnessed a slump of 2.30 per cent.

Leading the gains on Wednesday was Schroders which ended the day up 2.68 per cent.

Royal Bank of Scotland's shares also rose by 2.36 per cent to 35.6p. ADNFCR-1783-ID-19556164-ADNFCR

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