Stock markets end another turbulent week with more losses

The FTSE100 has closed down just over 1% to end the week at 5040.76 after spending some of the day below the 5000 level.

Autonomy was the outstanding winner today, up over 70% as the market digests the news that it has agreed to be bought by US giant Hewlett Packard. The biggest purchase of a FTSE100 company since Kraft took over Cadbury.

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