China in focus in early London equity trading The FTSE 100 index edged 0.1 per cent higher to 6520.30 in early trade on Wednesday, as China news was in focus. Shares in Burberry, which is popular with Chinese clients, led the gains, rising 5.6 per cent after upbeat quarterly sales. The UK luxury goods group reported a near one-fifth increase in sales for the first quarter. However, a surprise fall in Chinese import and export data led to concerns of a downbeat trade outlook, weighing on resources companies which led the fallers. Mexican silver miner Fresnillo was down 4.7 per cent after broker CIBC cut its price target from 1500p to 880p. Icap fell 5.9 per cent to 376.30p on numbers which showed a mixed performance across its businesses. The interdealer broker said "trading conditions remain challenging for a number of ICAP's businesses." Revenue for the fiscal first quarter was up 2 per cent on a year ago - and management confirmed current expectations for the full year remain unchanged.