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Market summary

12:00pm BST

World markets

Shanghai 2,275.67 -26.74 (-1.16%)
S&P 500 1,655.35 -13.81 (-0.83%)
Nikkei 225 14,483.98 -1,143.28 (-7.32%)
Hang Seng Index 22,669.68 -591.40 (-2.54%)
TSEC 8,237.83 -161.01 (-1.92%)
EURO STOXX 50 2,772.92 -62.09 (-2.19%)
CAC 40 3,961.37 -89.74 (-2.22%)
S&P TSX 12,752.50 +10.07 (0.08%)
S&P/ASX 200 5,062.40 -103.00 (-1.99%)
BSE Sensex 19,674.33 -387.91 (-1.93%)
KOSPI 1,969.19 -24.64 (-1.24%)

Currencies

GBP/USD 1.5075 -0.0133 (-0.87%)
GBP/EUR 1.1704 -0.0153 (-1.29%)
GBP/JPY 152.5590 -3.2926 (-2.11%)
GBP/HKD 11.7029 -0.1046 (-0.89%)
GBP/CNY 9.2473 -0.0922 (-0.99%)
GBP/AUD 1.5570 -0.0041 (-0.26%)
UK GDP: concerns about underlying economy as 0.3pc growth confirmed
The updated figures from the Office for National Statistics showed that the UK's dominant services sector, which accounts for three quarters of national output, drove the recovery - growing 0.6pc over the three months.
UK Economy Grows 0.3% on Inventories, Consumer Spending (2)  
Statisticians confirm 0.3% UK growth for first quarter of 2013  
Market Chart
6,713.88 -126.39 (-1.85%)
14,490.36 -333.78 (-2.25%)
3,536.13 -68.60 (-1.90%)
2,859.51 -72.61 (-2.48%)

Top stories

Thursday 10.30 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.
China's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter.
Flybe has announced the sale of all its take-off and landing slots at London Gatwick airport to Easyjet for �20m. The sale is part of a cost-cutting programme for the airline.
Ford is to cease production in Australia by 2016 and cut about 1,200 jobs - almost half its local workforce - after concluding the business case for producing vehicles locally �did not stack up�.
Thu May 23, 2013 6:21am EDT. * Sees margin improvement of 20-50 basis points this year. * EPS 238.7 U.S. cents vs 239 Thomson Reuters forecast.

Trends

Popular searches on GoogleChange Mkt Cap
OCDO Ocado Group PLC -2.18% 1,612.46M
MRW Wm. Morrison Supermarkets plc -0.99% 6,501.20M

Sector summary

Sector Change % down/up
Basic Materials -2.59%
Capital Goods -2.15%
Conglomerates -2.48%
Cons. Cyclical -2.55%
Cons. Non-Cyclical -0.95%
Energy -1.11%
Financial -2.88%
Healthcare -1.60%
Services -1.62%
Technology -3.49%
Transportation -1.49%
Utilities -0.63%