LONDON: Global stock markets slumped on Tuesday (Jan 21) as a SARS-like virus taking hold in China spooked investors, while sentiment suffered a knock also from a credit-ratings downgrade to major financial hub Hong Kong, analysts said.
London's benchmark FTSE 100 index was down 1.1% in late morning deals, after Hong Kong had slumped 2.8 percent by the close and Shanghai ended with a loss of 1.4 percent.
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