The FTSE went absolutely nowhere today

The FTSE had a wild ride but ended up where it started today.

It closed down 0.18 per cent, or 12 points, after a strong early start led by Pearson, which climbed 2.2% on the sale of the Financial Times.

But Aberdeen Asset Management, suffering from outflows and weak earnings, weighed on the index with a -7.5% fall.

Google FinanceUp, down and nowhere

NOW WATCH: This is how rapper 50 Cent made millions and then lost it

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at