Britain's blue chip shares posted
their biggest one-day loss since July on Thursday on concerns
the Federal Reserve could end its stimulus programme sooner than
expected, removing a driver of the recent equity rally.
The FTSE 100 closed down 103.83 points, or 1.6
percent, at 6,291.54, dropping below the 6,300 level for the
first time in 10 days. Stocks that benefit the most in rising
markets, or "cyclicals", fell furthest.
The index's decline was the biggest since last July, at the
height of the euro zone crisis and just a few days before
European Central Bank chief Mario Draghi promised to do
"whatever it takes" to save the euro, prompting a global rally