Saturday, December 22, 2012

Markets: The week that was 17-21/12/12

The US fiscal cliff played on investors' minds over the last five days, with the FTSE 100 unable to break out of a narrow range.

The FTSE 100 (UKX) started the week at 5921.76.

London's top index trod a downward course on Monday as corporate news disappointed and trepidation abounded concerning the ongoing US fiscal cliff discussions.

Stateside worries outweighed the news that fiscal interventionist Shinzo Abe had won the latest Japanese elections.

The slide was dominated by Aggreko (AGK), which lost more than a fifth of its market capitalisation, as it announced it would miss its year-end target by as much as

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