The FTSE 100 index has not been spared in the ongoing global stock unraveling. The index crashed by over 2.40% on Monday and futures are pointing to another 2.50% crash after the weak performance by American equities. The Footsie index has erased all gains it made this year.
Most stocks in the FTSE 100 index have declined this year. The worst performers in the index this year are companies like Halma, Dechra Pharmaceuticals, Croda International, Scottish Mortgage Investment Trust, RightMove, and Experian. Their share prices have crashed by double-digits in the past 30 days.
The Ocado share price has crashed by over 12% in the past 30 days and by 20% from its highest level this year. It has fallen by over 53% from its highest level in 2021 as concerns about the industry remains. This year, there are concerns about whether the company will return to growth as the UK reopens.
Royal Mail is another popular FTSE 100 stock that has tumbled this year. The Royal Mail share price is trading at 436p, which is the lowest level since November 17th. It has tumbled by about 17% below the highest level this year.