U.K. shares retreat on Fed stimulus speculation

Note: This section contains information in English only.
Source: Bloomberg
U.K. shares retreated amid speculation that the Fed may wind down its stimulus programme at the end of the summer. The FTSE 100 Index dropped 0.7% to 6,515.83 as of 9:19 a.m. London time. The index has declined by 4.8% since the Fed Chairman's Bernanke's testimony on May 22, when he talked about scaling back stimulus if the U.S. economy recovers. The FTSE All-Share Index slid 0.6%, while Ireland's ISEQ Index slipped 0.5%.
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