Aberdeen Asset Management is the biggest faller in the FTSE 100 index on the first trading day of 2014, as investors take profits after a stunning run higher for the business recently.
A mixed year for equity markets nonetheless ended on a high, with the FTSE 100 up over 12% year to date and the FTSE All Share 15% ahead, but which stocks thrived and which dived in 2013?
Newly-listed Royal Mail has entered the FTSE 100 index of the UK's largest companies following a huge move in its share price post-IPO.
The FTSE 100 climbed in early trading in line with other major equity markets as the US Federal Reserve moved to taper its bond buying programme.
A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.
Aggreko's share price shot up more than 8% yesterday, after the firm won contracts to supply power at next year's World Cup in Brazil and Commonwealth Games in Glasgow.
Alexander Friedman, global CIO at UBS Wealth Management, sees Japan as ‘more of a risk' to investors than China in the coming year.