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Closing market report: Shares in oil giant BP rise on revived talk of a possible bid from rival Chevron.
Nick Fletcher's closing market report is here: FTSE slips as Arm drops but Aberdeen leads emerging stocks revival Germany's DAX saw deeper losses, down 58 points or 0.65% to 9127.
Trades were closing, market participants were not failing and, if anything, a three-week, 30percentnt correction after a 12-month, 150 per cent surge seemed like a welcome adjustment.
Here's Nick Fletcher's closing market report: Pennon pumped up by broker upgrade, as FTSE recovers from worst levels despite Syria fears 5.31pm BST Shaun Richards (@notayesmansecon) Each time Mark Carney talks of "forward guidance" markets simply price future UK interest rates higher!
Updated closing market information.
2 10 p.m.: This article was updated with closing market results.
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