Financial Favourites

From the BBC:

Trading on the London Stock Exchange (LSE) has resumed after being brought to a halt for three and a half hours by technical difficulties.

The LSE said it had been affected by connectivity issues and at 1033 GMT had placed all orders for shares into an “auction call period”.

This allows traders to put orders to buy or sell shares into the system but without executing them.

The FTSE 100 index was frozen at 5,264.97 when trading was interrupted.

It had fallen 99.84 points, or 1.9%, in the first two and a half hours of trading.

Share markets across the world have been trading lower on Thursday after the investment company Dubai World asked for a six-month delay on repaying its debts, raising concerns about Dubai’s financial health.

http://news.bbc.co.uk/1/hi/business/8380607.stm