London close: Markets tumble as stimulus hopes fade
Date: Thursday 23 May 2013
The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value.
FTSE 100 movers: United Utilities rises on divi payment
Date: Thursday 23 May 2013
United Utilities was one of a small handful of risers having upped its dividend on the back of what it described as a 'good' set of results, supported by a strong operational performance, which fed through to the quality of service received by its customers.
London midday: Rally runs out of steam after Bernanke comments
By Benjamin Chiou
Date: Thursday 23 May 2013
Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China.