As expected after Chinese/Asian market losses
– FTSE -2.6%
– DAX -3%, Below 10,000 for first time since Jan
– CAC40 -3.5%
– FTMIB -3.5%
– IBEX -3.3%
– Swiss SSMI -3.4%
China’s Shanghai Comp Index closes down -8.5%, biggest one-day % fall since Feb 2007