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Around the World's Markets: London

Wednesday 02 December 1998 20:02 EST
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THE STOCK MARKET closed lower yesterday, with sentiment dominated by profit warnings and weakness on Wall Street. The FTSE-100 ended 30.3 points lower at 5507.2, its lowest point of the day on heavy turnover of over 1 billion stocks.

The blue-chip index lacked direction for most of the day but headed firmly downwards in early afternoon after the Dow opened with a three-digit loss. The FTSE-250 ended 17.0 lower at 4804.4 and the small cap 2.7 worse off at 2036.8.

Market report, page 25

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