MARKET REPORT

THE FTSE 100 plunged to its worst day in three months on the back of fears that a second wave of Covid- 19 will force the Government to launch harsh lockdown measures.

London’s top flight closed 202.76 points lower at 5,804.29 at the end of trading yesterday.

In company news, shares in

HSBC hit a 24- year low after journalists published revelations from a cache of leaked documents which fuelled money laundering concerns. It closed 16p lower at 288p after reports HSBC allowed fraudsters to transfer millions of dollars around the globe.

The biggest risers on the FTSE 100 were Tesco, up 5.9p at 225.5p,

Morrisons, up 3.95p at 178.2p,

Just Eat Takeaway, up 116p at 8,544p, and Sainsbury’s, up 1.75p at 196.75p. Biggest fallers were

IAG, down 13.35p at 97.2p,

Rolls- Royce, down 19.45p at 160.7p, and Melrose, down 10.6p at 109.4p.