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Market Update : 
UK GDP Shrinks 0.5%, Pound Falls
Author: 123jump.com Staff
123jump.com
Last Update: 5:56 PM ET November 26 2008

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Wolseley led decliners in the FTSE 100 index shares with a drop of 6.8% followed by losses in HBOS Plc of 6.7%, in Standard Chartered of 6.6%, in Tullow Oil of 5.8%, and Centrica Plc of 5.6%.

Financial stocks shed as new orders and new home sales fell in October. Barclays lost 4.2%.

Europe Markets Review

In London FTSE 100 Index closed lower 18.56 or 0.44% to 4,152.69, in Paris CAC 40 Index decreased 39.71 or 1.24% to close at 3,169.85 and in Frankfurt DAX index higher 0.08 or 0.00% to close at 4,560.50. In Zurich trading SMI increased 20.17 or 0.37% to close at 5,498.56.


$43.94
 -2.25%
$14.82
 1.58%
$49.84
 -0.48%
$27.40
 -1.33%
$77.10
 -3.17%
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