The FTSE 100 index fell 38.5 points, or 0.72% to 5,342.2 at its close a short time ago, as a mixed start on Wall Street and a weak showing from high street chain Next sent the FTSE to its lowest levels of the day.
Next slipped 56p, or 4.14%, to £12.97 as analysts suggest the improvement on sales at Marks is likely to have impacted on Next, yet the retailer also appears to have missed out on some of the season’s trends. PartyGaming topped the FTSE risers, moving up 7p, or 9.79%, to 78.5p after smaller rival Sportingbet reassured that it has not seen a slowdown in online poker growth. GUS also lost early momentum after a mixed statement, falling 11.5p, or 1.3%, to 845p and Burberry, also owned by GUS, saw a drop of 29.25p, or 7.1%, to 383p after underlying sales rose by just 3% in the half-year t...
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