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FTSE 100 suffers greatest points drop since November 2008

FTSE 100 suffers greatest points drop since November 2008
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At the close of trading yesterday (September 22nd), those trying to learn the stock market saw the FTSE 100 index decline by 246.8 points, the greatest drop seen since November 2008.

The 4.67 per cent dip is also the greatest fall in terms of percentages since March 2009 and the drop was mirrored in other stock markets around the world, such as the Dow Jones Industrial Average, which closed 3.5 per cent down.

Prime minister David Cameron said yesterday that countries in the eurozone need to "act swiftly to resolve the crisis" in the region.

He suggested that action to deal with the the problems in the area and the issues surrounding Greece's debt needs to be taken quickly, adding that it is vital that leaders "demonstrate they have the political will to do what is necessary to ensure the stability of the system".

On September 19th, the FTSE 100 fell by two per cent as the banking, mining and energy sectors all registered declines.

Posted by Greg SeckerADNFCR-1681-ID-800737797-ADNFCR