LONDON Oct 12 (Reuters) - Britain's top shares were lower on
Friday, slipping after a strong rise in the previous session
after Wall Street pared its gains to end flat overnight,
reflecting concerns over global growth and corporate earnings.
At 0707 GMT, the FTSE 100 index was down 15.73
points, or 0.3 percent, at 5,813.03 points, after a fall in U.S.
weekly jobless claims enabled the index to gain 0.9 percent on
Thursday to snap a three consecutive sessions of losses.
U.S. blue chips were up 0.3 percent by London's close
but ended down 0.1 percent as enthusiasm over the U.S. jobs data
was undermined by a drop in Apple shares after a legal
setback in a court ruling.
Miners led the retreat in London as copper
prices slipped, with investors awaiting China's trade
economic data due over the weekend to gauge the economic health
of the world's top metals consumer.
Chilean copper miner Antofagasta was among the
worst off, down 1.6 percent with traders also citing the impact
of a downgrade to the stock by HSBC Securities to "underweight".
(Reporting by Jon Hopkins; Editing by Sudip Kar-Gupta)
Source: http://news.yahoo.com/britains-ftse-slips-back-rally-071619838--sector.html
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