LONDON Oct 19 (Reuters) - Britain's top share index slipped
back on Friday, snapping a four-session rally in tandem with
overnight weakness on Wall Street and in Asia, weighed by
weakness in heavyweight banks and miners.
Trading is expected to be volatile, however, with the latest
monthly futures and option expiries due to occur in London
around 0915 GMT.
At 0709 GMT, the FTSE 100 index was down 0.78 points, or 0.1
percent at 5,916.27, having gained 0.1 percent on Thursday to
hit a seven-month closing high.
Miners were a drag on the blue chips, falling
back in tandem with weaker copper prices on demand
concerns.
China's Commerce Ministry said on Friday the top metals
consumer's September trade data, which showed a surge in exports
at twice the rate expected and a return to import growth, are
not yet enough to confirm that a recovery is in place for the
external sector.
Temporary power provider Aggreko and packaging firm
Bunzl were the two top individual blue chip fallers,
down 8.4 percent and 3.4 percent respectively, after the duos
latest trading updates failed to excite investors.
(Reporting by Jon Hopkins; editing by Simon Jessop)
Source: http://news.yahoo.com/uk-stocks-slip-back-four-sessions-gains-071227977--sector.html
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