• Text size
  • Send this article to a friend
  • Print this article

Footsie rattled by fears over US home financing

British shares ended the session mired in the red yesterday, led by a sharp fall in bank stocks after fresh concern about the future of the two largest US home finance groups rattled investors.

British shares ended the session mired in the red yesterday, led by a sharp fall in bank stocks after fresh concern about the future of the two largest US home finance groups rattled investors.

The FTSE-100 index of blue-chip stocks closed down 129.79 points at 5320.40.