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FTSE 100 taking a blow due to the Asian markets


FTSE 100 taking a blow due to the Asian markets
By more than 40 billion pounds fell the value of companies listed on the London Stock Exchange in less than three hours on the morning of Monday, in the wake of the “Black Monday” stock market of Shanghai.
At noon the FTSE 100 fell by 3.2%, falling below the 6,000 units (in 5987) for the first time since 2013.
A special hit was taken by mining companies, following the downward trend of the raw materials companies worldwide. Many of these companies have seen the value of their shares lose more than 5%.
A similar decline were seen in shares in London and Friday, with 46 billion pounds lost.
In total since April the FTSE 100 has fallen by 15%, affecting large and small investors.