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Market Update Analysis: 
UK Home Possessions Surge
Author: 123jump.com Staff
123jump.com
Last Update: 4:40 PM EDT May 09 2008



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UK stocks fell after home repossessions surged, but from a low level in many parts of the island nation. The FTSE 100 index fell 1.05% to 6,204 on weakness in mining, financials and home builder stocks. Crude oil in London and New York trading rose to new intra-day high above $126 a barrel. Experian Group led gainers in the FTSE 100 index with a rise of 3.5% and Carphone Warehouse led decliners with a fall of 7.3%.

 

 

 

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