Menu
11/09/2001
Chaos in London as FTSE closes early
Chaos descended upon the world’s stock markets on Tuesday following the attack on the World Trade Centre in New York.
The FTSE-100 in London closed down early due to the attacks after it was feared that there could be further assaults on political institutions throughout the world, while trading has been completely suspended in New York.
The FTSE was making a recovery on Tuesday when news came through of the US tragedy. Before the decision came to close the market, it dropped rapidly by over 250 points and is expected to fall further when markets reopen. Oil prices have risen to over $28 a barrel from the previous low figure of $27 mark, in anticipation of a potential Middle East crisis.
The share index had fallen below the 5,000 mark on Monday, the first time in three years, devaluing millions of small investors shares as part of a trend which went around the world. (MB)
The FTSE-100 in London closed down early due to the attacks after it was feared that there could be further assaults on political institutions throughout the world, while trading has been completely suspended in New York.
The FTSE was making a recovery on Tuesday when news came through of the US tragedy. Before the decision came to close the market, it dropped rapidly by over 250 points and is expected to fall further when markets reopen. Oil prices have risen to over $28 a barrel from the previous low figure of $27 mark, in anticipation of a potential Middle East crisis.
The share index had fallen below the 5,000 mark on Monday, the first time in three years, devaluing millions of small investors shares as part of a trend which went around the world. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
09 September 2019
16 Jobs Created As Armagh Firm Expands Operations
Some 16 jobs will be created at an Armagh manufacturing firm as it opens a new premises to support market growth. AW Control Systems Ltd specialises in the design, manufacture, installation and commissioning of Automated Control Systems.
16 Jobs Created As Armagh Firm Expands Operations
Some 16 jobs will be created at an Armagh manufacturing firm as it opens a new premises to support market growth. AW Control Systems Ltd specialises in the design, manufacture, installation and commissioning of Automated Control Systems.
07 March 2014
Wrightbus Secures Major Orders
Enterprise Minister Arlene Foster has welcomed Wrightbus International's announcement that, in partnership with Volvo Bus, it has secured major orders from two Hong Kong based bus operators. New World First Bus Services Limited has ordered 20 new double deck buses, while Citybus Limited will purchase 31.
Wrightbus Secures Major Orders
Enterprise Minister Arlene Foster has welcomed Wrightbus International's announcement that, in partnership with Volvo Bus, it has secured major orders from two Hong Kong based bus operators. New World First Bus Services Limited has ordered 20 new double deck buses, while Citybus Limited will purchase 31.
19 June 2017
Trade Mission To South Africa & Nigeria Announced
Invest NI have announced a Trade Mission to South Africa and Nigeria from 11 – 15 September, 2017. Businesses are invited to join the mission and take advantage of the business opportunities within the region. South Africa and Nigeria are both emerging and import dependent markets offering a multitude of export opportunities for local companies.
Trade Mission To South Africa & Nigeria Announced
Invest NI have announced a Trade Mission to South Africa and Nigeria from 11 – 15 September, 2017. Businesses are invited to join the mission and take advantage of the business opportunities within the region. South Africa and Nigeria are both emerging and import dependent markets offering a multitude of export opportunities for local companies.
10 February 2015
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
Purepipe To Invest £250,000 And Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
22 April 2015
Beaufort Interiors To Target New Markets
Moira-based firm Beaufort Interiors is targeting new markets and recruiting two additional staff as part of efforts to increase sales of its curtains in Great Britain and Europe.
Beaufort Interiors To Target New Markets
Moira-based firm Beaufort Interiors is targeting new markets and recruiting two additional staff as part of efforts to increase sales of its curtains in Great Britain and Europe.
-
Northern Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
