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Sorted and the City: Cent reeling..(Business)
From:
The Mirror (London, England)
| Date:
February 25, 2004
| COPYRIGHT 2004 MGN LTD. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: KEVAN REILLY
THE man from the Pru and the weak dollar sent the FTSE down 0.6 per cent to 4496.8.
The Pru's worse-than- expected results also hit rival insurers with Legal & General losing 3.1 per cent to 101p and Friends Provident dropping 3.5 per cent to 147p.
Worries about the US economy hit the rest of the market and firms warning about the damage the dollar is doing to their profits included machinery firm Molins.
It lost 10...
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