Footsie Takes a Step Back As August Sales Figures Hit Retailers

Summary


COMMODITY and retail stocks took the limelight yesterday in otherwise lacklustre trade, with the FTSE 100 failing to recapture ground above the 6,000 level, closing down 4.9 points at 5,981.7.

That represented an improvement from earlier in the day when the Footsie was off by 30 points.

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Extract


Footsie Takes a Step Back As August Sales Figures Hit Retailers

Disappointing monthly sales figures from the retail sector caused a drag on shares in supermarket heavyweights Tesco and Sainsbury's. Tesco fell 5p to ...

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