FTSE 100 falls on growing fears of prolonged war in Middle East

The FTSE 100 index closed down 48.62 points, 0.5%, at 10,305.15 (PA) - (PA Wire)

Stock prices in London closed lower on Thursday after Iran’s new leader called for the Strait of Hormuz to “remain closed”, raising fears of a prolonged war in the Middle East.

The FTSE 100 index closed down 48.62 points, 0.5%, at 10,305.15. The FTSE 250 ended down 212.60 points, 1.0%, at 22,168.74, and the AIM all-share closed down 6.59 points, 0.9%, at 767.02.