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...

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