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Global credit crisis wipes £37bn off stock market value

The UK's FTSE-100 share index plummeted by 155.6 points to 6070.9 yesterday - wiping about £37bn off the total stock market value of constituent companies - as the global credit crisis haunted the banking sector.

The UK's FTSE-100 share index plummeted by 155.6 points to 6070.9 yesterday - wiping about £37bn off the total stock market value of constituent companies - as the global credit crisis haunted the banking sector.