LONDON, April 11 Britain's top shares slipped on
Thursday, pausing after three straight days of gains, though
Marks & Spencer bucked the weaker trend after a trading
update that was less weak than some had expected.
The FTSE 100 was off 9.29 points, or 0.2 percent, at
6,378.08 by 0703 GMT, having over the past three sessions seen a
2.2 percent rally.
"Looking at a pretty slow start this morning (but)... I
expect the FTSE... to continue on what has been a rather nervy
rally with very little volume," said James Hughes, chief market
analyst at Alpari (UK).
"These rallies always have traders worried as the
foundations of the move lies on can be very shaky and a sharp
collapse is never too far away," he said.
Marks & Spencer grabbed the top spot on the blue
chip leader board, up 3.8 percent. Although the retailer posted
a seventh consecutive quarterly fall in underlying general
merchandise sales, the outcome was a touch ahead of
(Reporting by Tricia Wright; Editing by Toni Vorobyova)