Financial Times FT.com

Mining and metals sectors buckle in Footsie sell-off

By Bryce Elder and Neil Hume

Published: September 6 2008 03:00 | Last updated: September 6 2008 03:00

Metals companies bore the brunt of heavy selling yesterday as the London market lurched to its worst weekly performance in more than six years.

Platinum specialist and car catalyst maker Johnson Matthey was the day's sharpest faller. It dropped 8.5 per cent to £14.41 after being cut from the "buy" list of Merrill Lynch, its joint house broker.

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