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

Partner Insight: Where real estate meets infrastructure - The evolution for data centre investing

Partner Insight: Where real estate meets infrastructure - The evolution for data centre investing

Principal Asset Management
clock 15 May 2026 • 4 min read
LPFA publishes 2025 investor climate action plan progress report

LPFA publishes 2025 investor climate action plan progress report

Report shows fund is on or ahead of target for over half its climate-related investment targets

Martin Richmond
clock 14 May 2026 • 3 min read
Newcore achieves first close of sixth value-add UK social infrastructure fund

Newcore achieves first close of sixth value-add UK social infrastructure fund

Participating investors include an LGPS pool and scheme

Jonathan Stapleton
clock 13 May 2026 • 2 min read
Trustpilot