The London market moved closer to the 6,600 barrier today, despite losses from property stocks after British Land shelved the sale of a stake in Meadowhall shopping mall.

The London market experienced more turbulence today as the FTSE 100 Index dived more than 100 points into the red.

A strong run for the FTSE 100 Index came to an end today, despite the latest round of takeover speculation involving top-flight companies.