Profit taking edges FTSE 100 lower

A subdued start to the week from the FTSE 100 saw the index slip as investors decided to take a breather from recent gains, take profits and steady the nerves. The FTSE 100 finished Monday down 26.8 points to 5258.9. Stocks that have performed best over the past two weeks were targeted by profit takers and led the FTSE 100 fallers. Namely, Sage, down 5% to 213p, Vodafone lost 4.5p to 141p - taking with it 15 points off the FTSE 100 and ARM lost 8.25p to 306p. Gains were equally nominal, but Granada led the field with a rise of 4% to 136p followed by Rolls Royce, up 3% t...