Investments and investor services
FTSE 100 ends 1% lower as Greece default fears weigh on markets
The FTSE 100 eased 74 points to 6,710 with budget flier EasyJet one of the index’s biggest fallers.
Company
LON:EZJ
EasyJet is engaged in the provision of a low-cost airline service on short-haul and medium-haul point-to-point routes principally within Europe.
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Investments and investor services
The FTSE 100 eased 74 points to 6,710 with budget flier EasyJet one of the index’s biggest fallers.
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FTSE100 was down 46 points at lunch as Greece worries intensify after a breakdown of talks and easyJet shares (LON:EZJ) flew lower, weighing on the blue chip index.
All thirty members on the Dow Jones were lower as the index opened 185 points, or 1%, down to 17,715.
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London blue chips headed lower as concerns mounted over a Greek debt default.
Moody's, the ratings agency, reckons Tesco must raise £5bn in fresh capital to shore up finances
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We're a bit light on scheduled reports from multi-national leviathans this week, but some well-known national names - such as Dixons, Halfords and Bellway - are expected to report.
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EasyJet made record first half profits but said more than 600 disruptions and an early Easter would likely drop its third quarter revenue per seat by four percentage points.