Market overview: Retailers hold back Footsie
09 Sep 2010
0845: Retailers are dragging Footsie lower. Supermarket Morrisons falls back even though it posted profits broadly in line with expectations for the six months to August 1, though warned of slow growth. Homebase and Argos owner Home Retail Group disappointed the market with its prediction that unless Christmas is a cracker this year profits are likely to be in the bottom half of the range of analysts' estimates. B&Q owner Kingfisher is down in sympathy. FTSE 100 down 12 at 5,417.
Share this article:
