1. High shot of Barclays traders in London
2. Various traders as markets are closing
3. Close shot trader on phone
4. Wideshot of trading floor
5. Midshot of traders
6. SOUNDBITE: (English) Richard Mann, Senior Analyst, Barclays Stockbrokers:
"I think there's been definite panic selling today. We've had a huge day for volume in the market - about 3.2 shares traded today in London, in which 2.65 billion have been on the decline side."
7. Various trading at closing
8. Set up shot Henk Potts, Barclays Equity Strategist
9. SOUNDBITE: (English) Henk Potts, Barclays Equity Strategist:
"You have to say the stock market really resembles a battlefield at the moment. These are the guys constantly selling in this market, always shooting for the lower levels on the FTSE. On the sidelines of the battlefield you've got the big institutional players. These are the guys that are not ready to commit to the market, they haven't seen strong economic numbers, the numbers from corporate America have not been good enough to entice them back into the stock market. In the middle of the malaise you've got the retail investor, some are deserters and they've thrown in the towel, those who are brave enough, who've been around long enough, these are the guys who are starting to say 'look, valuations look cheap, now's the time to buy stock market."
10. Traders leaving trading floor at close
11. Trader leaving, empty desks
12. Wideshot of London Stock Exchange lobby, pan to sign 'Exchange Tower'
13. Midshot of screen with trading figures after market closed
14. Closer shot of screen
15. Midshot of screen
16. Wideshot of screen
Investor turmoil continued in London on Wednesday, as the market suffered another day of turbulence, but a slight pull-back in the final hour raised hopes that prices might find a floor.
By the close of trading the FTSE 100 Index was down 80.9 points at 3777.1, its lowest since August 2, 1996.
Yet another bumpy ride on Wall Street last night was being blamed for the rough day in London.
On Tuesday, the Dow Jones Industrial Average closed 82 points adrift as investors worried about the exposure of banking giants such as JP Morgan and Citigroup to the disgraced Enron.
Speaking after the markets closed on Wednesday, Richard Mann, a senior analyst at Barclays stockbrokers said:
"there's been definite panic selling today. We've had a huge day for volume in the market - about 3.2 shares traded today in London, in which 2.65 billion have been on the decline side."
Insurers were hit particularly hard but no area of the market escaped the selloff.
The fall in the markets across the world have been blamed on concerns over profits, as well as worries over company accounting and the forced selling of shares by insurers.
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