15/09/14 Market Movements

Market news

The FTSE100 closed down 2.75 points at 6,804.21 as investor caution continued to hold back the market as the Scottish Referendum nears.

SABMiller was the biggest climber of the day, closing up 9.82% and hitting its highest price since 1999 after reports emerged that  Belgium company AB InBev have identified the British brewer as a £75billion takeover target.

Conversley, SportsDirect was the biggest FTSE100 decliner of the day, closing down 3.16% after owner Mike Ashley re-confirmed his desire to hold onto Newcastle FC and stated he would not sell the club for any price within the next two years.