FTSE 100 tumbles 2.2% in New Year session as China suspends trading

Shanghai Composite index plummets 7%

clock • 2 min read

The FTSE 100 suffered a tough start to 2016 today, following the suspension of trading on China's Shanghai Composite index as shares plunged 7% in the first session of the year.

The UK's blue-chip index was down to 6,106 by 11.40am as a new system in China, introduced to curb volatility after last August's Black Monday sell-off, led trading to be initially halted for 15 mi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Public says LGPS should prioritise saver returns over UK investments

Public says LGPS should prioritise saver returns over UK investments

UKSIF poll finds under a quarter think LGPS funds should prioritise investment in the UK

Holly Roach
clock 21 April 2026 • 1 min read
Partner Insight: A year in ABS investing: growth, resilience and the road ahead

Partner Insight: A year in ABS investing: growth, resilience and the road ahead

Seema Sopal, ABS Fund Manager, discusses how the team look to deliver resilient returns and uncover global opportunities, and how the market may develop for investors in the year ahead.

Royal London Asset Management
clock 21 April 2026 • 1 min read
Wellcome Trust Pension Plan appoints L&G for £800m of fiduciary mandates

Wellcome Trust Pension Plan appoints L&G for £800m of fiduciary mandates

Move enables scheme trustees to strengthen investment governance

Jonathan Stapleton
clock 20 April 2026 • 1 min read
Trustpilot