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London stock market paralysed due to technical fault
Written by Danrok   
Monday, 08 September 2008 11:36

Trading has closed on the London Stock Exchange after technical problems interrupted the trading system for most of the day.

The FTSE 100 share index hit 5,440.20 points shortly after 0900BST but there were no further trades until 1600, half an hour before its usual closing time.

At close of trade, the FTSE was 205.6 points higher, or 3.92%, at 5446.3.

The LSE said "connectivity issues" had meant traders had not been able to connect with the LSE trading platform.

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