Larissa
24th March 2003, 21:54
>From the BBC:
«Shares drop and oil rises
Reports of intensified fighting in Iraq have sent stock markets lower and
oil prices higher.
"The market had factored in the chances of this war being a quick one and
any volatility that we are seeing in the market is coming from a change in
that perception," said one Madrid-based bond trader.
At 1118 GMT, the FTSE 100 index of leading UK shares was down 98 points, or
2.5%, at 3,763.
In Paris, the Cac 40 index of leading French shares was 3.2% lower while
Frankfurt's Dax had fallen 3.8%.
The falls followed substantial rises last week when investors reacted
positively to the ending of uncertainty over war and early signs that the
conflict might prove short-lived.»
+++
Panic in Japan. Feet running. Drawers gutted. Frantic phone calls. Loud
swearings.
Tomás.
«Shares drop and oil rises
Reports of intensified fighting in Iraq have sent stock markets lower and
oil prices higher.
"The market had factored in the chances of this war being a quick one and
any volatility that we are seeing in the market is coming from a change in
that perception," said one Madrid-based bond trader.
At 1118 GMT, the FTSE 100 index of leading UK shares was down 98 points, or
2.5%, at 3,763.
In Paris, the Cac 40 index of leading French shares was 3.2% lower while
Frankfurt's Dax had fallen 3.8%.
The falls followed substantial rises last week when investors reacted
positively to the ending of uncertainty over war and early signs that the
conflict might prove short-lived.»
+++
Panic in Japan. Feet running. Drawers gutted. Frantic phone calls. Loud
swearings.
Tomás.