FTSE behind on DSG slide

DSG, the Dixons and Currys group, dived after it predicted its first half year on year profits to fall. It closed Thursday trading 11.9 points lower, or 8.75%, to 124.1. The slowing in September mortgage lending dented Taylor Wimpey and Barratt Developments. Taylor finished 5.15% lower, to 253.25 points; while Barratt was 5.12% down, to 658.5. A good day for the medical sector led Smith & Nephew to a solid gain, it jumped 16 points or 2.67%, to 615. Rexam also did well, the consumer packaging company climbed 10.5 points, or 1.99%, to 538. In New York, the Dow Jones is lower in morning tr...