Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: London

Friday 11 December 1998 00:02 GMT
Comments

FOOTSIE ended lower as a weak New York overshadowed the half- point UK rate cut and takeover speculation dried up. In busy trading, with turnover topping 1 billion shares, the index ended 8.8 points off at 5,660.3. Supporting indices recorded modest progress.

Zeneca, after the Astra merger excitement, fell 121p to 2,590p. Railtrack suffered from regulatory strictures, reversing 40p to 1,417p. Colt Telecom surged 53p to a 925p peak following a presentation at a City telecoms conference.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in