London Stock Exchange Index fell 24.8% for the quarter
US, WASHINGTON (ORDO NEWS) — The FTSE 100 index of the London Stock Exchange fell 24.8% due to the coronavirus pandemic in the first quarter of 2020. This is indicated by the data completed on Tuesday trading.
At the end of the day, the FTSE 100, which is used as the basis for the shares of one hundred companies with the highest capitalization, added 1.95% (108 points), reaching 5672 points.
Despite the fact that the London index has been growing for the second day in a row, and added 6.1% last week, the quarterly results for the FTSE 100 were the worst since 1987. According to the results of October – December 1987, the FTSE 100, established only three years earlier, collapsed by 27.6%, to 1 713 points.
January 1, 2020 FTSE 100 was at around 7,542 points.
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