Retail sector drags FTSE

Disappointing news from the retail sector dragged the market lower today as it gave up gains made earlier in the week.

Retail sector drags FTSE
Wed, 12 Oct, 2005 - 19:02

Disappointing news from the retail sector dragged the market lower today as it gave up gains made earlier in the week.

Shares in GUS fell 1% after it posted lower like-for-like sales at its Argos and Homebase operations, while Next topped the Footsie losers’ board down 4%.

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