		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/libyan-crisis-hits-ftse-opening.jpg"><img class="alignnone size-full" title="The FTSE fell 75.3 points to 5939.5 after opening on Tuesday" src="http://londonglossy.com/wp-content/uploads/2011/02/min-libyan-crisis-hits-ftse-opening.jpg" alt="The FTSE fell 75.3 points to 5939.5 after opening on Tuesday"/></a></p>
<p>London&#8217;s FTSE 100 Index sunk another 1.3% into the red following hefty falls in Asia as the Libyan crisis battered investor confidence.</p>
<p>Hong Kong&#8217;s Hang Seng Index tumbled 2% overnight, hit also by Moody&#8217;s decision to downgrade Japan&#8217;s credit rating for the first time in nearly nine years.</p>
<p>European shares followed suit, with the FTSE 100 Index down 75.3 points to 5939.5.</p>
<p>Fears also continued to mount over world oil supplies on concerns that Libya&#8217;s crude exports of 1 million barrels a day could be affected as foreign oil companies evacuate staff from the country.</p>
<p>Brent crude for April delivery gained 1.21 dollars to 106.95 a barrel on the ICE Futures exchange in London.</p>
<p>The fuel price worries sent airline stocks lower, with British Airways group International Consolidated Airlines down 2% or 5p to 234.6p.</p>
<p>Budget rival easyJet fell 11.7p to 365.3p in the FTSE 250.</p>
<p>Miners were among those hit the most in the sell-off, led by Lonmin and Xstrata down 41.5p to 1799.5p and 34p to 1377p respectively.</p>
<p>Elsewhere, car dealership group Pendragon rose 2%, ahead 0.4p to 23.9p, after more than doubling annual underlying profits in 2010 to £25.2 million.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e4a7e756015">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e4a7e756015',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
