FTSE drops 2.5% amid fresh Japan radiation fears

Scott Sinclair
clock

Updated 12:15: The FTSE suffered triple-digit losses in Tuesday trade after a third explosion rocked Japan's Fukushima nuclear power plant, raising fresh radiation fears and sparking a 1,000-point plunge on the country's Nikkei index.

At noon today London's leading index was sitting 145 points, or 2.52%, lower at 5,629, adding to yesterday's 0.9% loss. Japan's Nikkei 225 index fell by 10.55%, shedding more than 1,000 points t...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: LDI differentiator - the holding of third-party funds

Partner Insight: LDI differentiator - the holding of third-party funds

Over the coming months Columbia Threadneedle Investments will publish a mini-series of short articles that will shed light on overlooked but important factors to think about when structuring your LDI portfolio framework. First up is the integration of third-party funds.

Adil Gulamali and Simon Bentley, Columbia Threadneedle Investments
clock 10 March 2025 • 4 min read
Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Development site in Deansgate expected to provide 494 rental homes in city centre

Martin Richmond
clock 06 March 2025 • 2 min read
UK economy faces $141bn of stranded fossil fuel asset risks

UK economy faces $141bn of stranded fossil fuel asset risks

UKSIF warns £15.2bn of UK pension fund assets could be at risk of stranding by 2040

James Murray
clock 06 March 2025 • 6 min read
Trustpilot