London Shares Hit Lowest Level since May 1995

World | March 12, 2003, Wednesday // 00:00

European shares have crashed with London shares closing at their lowest level since May 1995. Paris stocks plummeted to levels a little over one third what they were at their September 2000 peak. And Germany is now in the grips of a market downturn worse than it suffered in the Great Depression, calculations at investment bank Merrill Lynch have revealed.

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