Consumer stocks drag FTSE lower

The FTSE 100 index has dropped 7.8% or 0.13% to 5974.1, led by DSG International which saw its share price fall 2% to 205.5p after reporting sales rose in the first 16 weeks of the fiscal year but the gross margin is down. On the upside, Centrica, the gas supplier, has seen its shares rise for the sixth day in a row 1.9% to 314p while money manager Man Group has made the best gains, earning 7.25p or 1.63% to 451.5p. British Airways is also up, as its share price has risen 5.75p or 1.37% to 424.5p. Asian stocks closed the day down as a US house price report suggested domestic consumer spe...