5:02pm
END-OF-DAY REPORT: Headline shares added to losses late in the session, as Wall Street traded sharply lower after disappointing employment data. In London, weak heavyweight miners, oil majors and banking issues led the wider market lower.
At the close of play, the FTSE100 was down 121.4 points at 5,240.7 with the FTSE250 off 183.2 points at 8,966.8 and the FTSE Smallcaps 37 points weaker at 2,813.4.
NEW YORK
US stocks opened lower after government data showed the US labor market deteriorated further in August, pushing the unemployment rate to its highest level in nearly five years.
At the London close, the DJIA was down 76.86 points at 11,111.37, the S&P500 was off 13.01 points at 1,223.82 and the Nasdaq Composite fell 29.27 points to 2,229.77.
Crude oil traded down $2.15 to $105.74...
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3:47pm
easyJet, Europe's second-largest budget airline, said today that the number of passengers it flew in August this year rose 24% on the same month last year. The number of seats filled also increased to 91.3% from 87.4% in August 2007.
easyJet said it transported some 4.6 million passengers in August 2008, compared to 3.7 million in August 2007.
On a rolling 12-month basis to August 2008, Easyjet increased passenger numbers by 16.6%.
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3:32pm
Maghreb Minerals posted an increased full-year pretax loss on higher exploration costs.
For the year to June 30th, the company's loss from continuing operations rose to £1.78m from £1.4m last year.
The company said it will continue to focus on progressing its Tunisian projects and will seek partners and other opportunities to fund and accelerate its work programme.
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3:02pm
Clipper Ventures posted higher FY profits and said it is well positioned to weather recession.
The company's pretax profit for the year came in at £1.14m compared with £930,799 a year ago, on revenues that rose to £7.91m from £6.98m last year.
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3:02pm
MIDAFTERNOON REPORT: Headline shares remained down in midafternoon trade, but off lows, with Wall Street opening lower after disappointing employment data. In London, weak mining and banking sectors led the general market lower.
At 2:30pm, the FTSE100 was down 45.9 points at 5,316.2 with the FTSE250 off 124.2 points at 9,025.8 and the FTSE Smallcaps 31.5 points weaker at 2,818.9.
NEW YORK
US stocks opened lower after government data showed the US labor market deteriorated further in August, pushing the unemployment rate to its highest level in nearly five years.
In early deals, the DJIA was down 41.6 points at 11,146.63, the S&P500 was down 5.83 points at 1,231 and the Nasdaq Composite fell 14.13 points to 2,244.91.
LONDON MARKETS
The mining sector was hit by news that copper...
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