FTSE 100 down 0.1
Rightmove shares jump after REA Group sweetens offer
PMI data due at 0830 GMT

Sept 23 Reuters UK shares slipped on Monday after logging their worst day since August in the previous session, while investors awaited flash PMI data for more clues on the country39;s economic growth.

At 0720 GMT, the bluechip FTSE 100 and the more domesticallyfocused midcap index were down 0.1, each.

Both indexes notched their worst day in nearly seven weeks on Friday, after the Bank of England held interest rates steady on Thursday, even as the Federal Reserve cut benchmark rates by an outsized 50 basis points.

Investors will eye UK flash PMI data later in the day for the services and manufacturing sectors for more indicators for growth and price increases in these sectors.

Last week, Britain39;s consumer price inflation data which is closely watched by the BoE for its monetary policy pointed to persistent price pressures in the services sector.

Precious metal miners rose 0.8 as gold prices scaled record highs, driven by Fed rate cuts and demand for the safehaven asset on geopolitical risks in the Middle East.

The personal goods sector led declines, dragged by a 2.2 loss in shares of luxury goods maker Burberry, which was on track for a second straight session in the red.

Rightmove jumped 3 after Australia39;s REA Group made a third pitch to buy the UK propertylisting firm with a new 6.1 billion pound 8.12 billion offer.

AstraZeneca slipped 0.6 after the…