THE FTSE 100 opened 1% down this morning after Donald Trump and First Lady Melania tested positive for coronavirus.
The Footsie dropped to 5,810.00 shortly after the London Stock Exchange opened at 8am, down from the 5,879.450 it closed at on Thursday.
The stock exchange has since recovered some ground and is now at 5,844.54, or 0.62% down, as of 10.15am.
Despite the drop, the FTSE is still higher than where it stood at the start of the coronavirus crisis, when the index closed at 5,415.00 points on March 3
But it’s down compared to the 6,484.300 points it registered on June 5 – it’s highest mark over the last six months.
It was better news for the pound this morning, as sterling was trading $1.2934, up 0.38% compared to yesterday.