Commodities make losing streak worse

BRITAIN’S top share index fell more than two per cent yesterday, driven lower by uncertainty over global growth, with commodity stocks heading the list of fallers.

The FTSE 100 sank to its lowest closing level since November 2010, dropping 133.88 points, or 2.3 per cent, to 5,584.51, extending its losing streak to four days.

Integrated oil stocks took the most points off the index as investors fretted about demand.

The sector was also under pressure as Royal Dutch Shell, BG Group and BP went ex-dividend.

Glencore was the top faller, down seven per cent on funding worries.