FTSE lower as oil rebounds (AFP)
10.09.2008 15:05 Business
LONDON (AFP) - Share prices in London slid in early trading on Wednesday as oil prices rebounded back above 100 dollars after OPEC decided to cut its crude production.
The market was also reacting to news that South Korea's state-run Korea Development Bank had abandoned negotiations to buy a stake in troubled US investment bankLehman Brothers.
The FTSE 100 index dropped 0.36 percent to 5,396.00 points about an hour after the start of trade.
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