03/12/13 Market Movements

Markets closed down 62.90 points at 6,532.43.

Stock movements
BHP Billiton PLC  alpha alarm went off as its price dropped below £18.10. It eventually closed at  after fluctuating between and throughout the day.

Petropavlovsk’s alpha alarm also went off as it price dropped below 56p. It eventually closed at  after fluctuating between  and throughout the day.

Market news
The FTSE dropped again to its lowest point in more than 6 weeks today.

This was expected as investors await U.S. employment data due later this week to gauge the timing of the Federal Reserve’s tapering of stimulus measures.