FTSE down in early trading

Retail stocks saw a second day of turbulence today as sentiment remained weak in the aftermath of yesterday’s dividend cut from Marks & Spencer.

FTSE down in early trading
Wed, 20 May, 2009 - 12:24

Retail stocks saw a second day of turbulence today as sentiment remained weak in the aftermath of yesterday’s dividend cut from Marks & Spencer.

Argos owner Homebase was the sector’s biggest faller in the top flight, down 10.75p to 241p, while M&S lost another 10p to 301.75p and Currys owner DSG International slipped 3.5p to 24.25p in the second tier.

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CourtsBusinessFTSEPlace: LondonPlace: USOrganisation: FTSEOrganisation: Marks & SpencerOrganisation: ArgosOrganisation: HomebaseOrganisation: M&SOrganisation: CurrysOrganisation: DSG InternationalOrganisation: Wall StreetOrganisation: Lloyds Banking GroupOrganisation: BarclaysOrganisation: Royal Bank of ScotlandOrganisation: SainsburyOrganisation: BG GroupOrganisation: Royal Dutch ShellOrganisation: BPOrganisation: Britvic
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