Black day for London stock exchange

Title

Black day for London stock exchange

Genre

News report; Interview

TX Date

16 Oct 1989

Year of production

1989

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Duration

00:01:31

Description

James Matthews reports on the London Stock Exchange experiencing its third worst ever daily fall in share prices (at the time when this was broadcast), with the FTSE index down 200 points, after failing to sustain a mid-morning rally. Michael Hughes of Barclays De Zoete Wedd compares today to Black Monday on October 19th 1987.

Contributors

Michael Hughes; James Matthews

Keywords

London; Economic policy; Share dealing; Stock exchanges

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