* FTSE 100 falls 1.9 pct at midday * BT slumps after says to miss forecasts
Archive for October, 2008
* FTSEurofirst 300 index down 0.9 pct * Barclays raises $12 bln, stock down
* Nikkei drops 5 pct, logs biggest monthly fall ever * Investors dump stocks before long weekend, on profit-taking
* Yen rises as Nikkei fall fuels risk concerns * BOJ cuts rates, Governor Shirakawa comments awaited
(Adds comments) By Mette Fraende
* Australian dlr slips from 1-wk highs, risk aversionreturns * Aussie set to post worst monthly decline ever
WELLINGTON, Oct 31 (Reuters) – The New Zealand dollar<NZD=> consolidated below recent highs on Friday as investornerves about risk reappeared, stalling its recovery of the pastthree days. The kiwi was swayed by broader market moves, with lowerstock markets in Asia pointing to a return of risk aversion,though investors spent much of the session awaiting an interestrate decision from the Bank of Japan, which came late in localtrade.
According to today’s Herald Sun shareholders are kicking up a fuss over executive pay. As the paper reports, “Toll [ASX:TOL] chief executive Paul Little received $8.57 million for his options ahead of the share market slump which has seen Toll stock dive.”
The paper also reports that, at the Valad Property Group [ASX:VPG] annual meeting, “76 [...]
* FTSEurofirst 300 index up 1 pct at 905.96 points * Banks boosted by Deutsche Bank results

