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• FTSE 100, FTSE 250 down 0.2 pct
• Oil, mining stocks top drags
• Next jumps after Christmas update

Jan 3 (Reuters) - A rare revenue warning from smartphone giant Apple triggered a new wave of selling in UK shares on Thursday as investors' fears of slowing global growth were confirmed and miners, oil, and luxury stocks fell.

Britain's FTSE 100 .FTSE and FTSE 250 .FTMC fell 0.2 percent by 0850 GMT, outperforming European peers thanks to a strong update by retailer Next which helped sentiment.

In a first in more than a decade, Apple AAPL.O on Wednesday cut its quarterly sales target with Chief Executive Tim Cook blaming weak iPhone sales in China and consumers upgrading their iPhones at a slower pace.

Investors reacted by dumping stocks sensitive to China and to the economy.

Concerns over economic growth in top metals consumer China sent Rio Tinto RIO.L , BHP BHPB.L and Antofagasta ANTO.L down 1.1 to 1.9 percent in early deals.

Crude prices fell on worries that an economic slowdown will cut into fuel demand, dragging oil majors BP BP.L and Shell RDSa.L down 0.4 to 0.8 percent.

Luxury stocks, which are also highly sensitive to China, were among top fallers with Burberry BRBY.L down 3.2 percent.

A bright spot helping keep a lid on negative sentiment was high street clothing retailer Next NXT.L , which jumped 5 percent after reporting higher sales in the run-up to Christmas, allaying fears of poor festive trading.

Next's encouraging update also boosted shares in Marks & Spencer MKS.L and Primark owner Associated British Foods ABF.L up 2 to 2.8 percent, among top blue-chip winners.

Investors' flight to gold, seen as a safe haven, pushed gold prices to a six-month high and helped boost gold miner Fresnillo FRES.L up 2.3 percent.

Among small-caps, drugmaker Vectura Group VEC.L soared 10.5 percent to lead FTSE small-cap gainers after saying it expects 2018 adjusted earnings to top market expectations.

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UK stock report FTSE index: 0#.FTS6

 techMARK 100 index:  .FTT1X		  FTSE future	  0#FFI:   
 Gilt future		0#FLG:		  Smallcap index:	 .FTSC   
 FTSE 250 index:	  .FTMC		   FTSE 350 index:	 .FTLC   
 Market digest:	   .AD.L		   Top 10 by vol:	  .AV.L   
 Top price gainer   .NG.L		   Top % gainer	  .PG.L   
 Top price loser	.NL.L		   Top % loser	   .PL.L   
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 UK hot stock	  [HOT and GB]	 Wall Street:			 
 Gilts report:					 Euro bond report	

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• For company prices, click on - * Company directory: UKEQ By sector: FTAX

 European Equities speed guide................  EUR/EQUITY   

FTSE Eurotop 300 index........................... .FTEU3 DJ STOXX index................................... .STOXX Top 10 STOXX sectors........................ .PGL.STOXXS Top 10 EUROSTOXX sectors................... .PGL.STOXXES Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S Top 25 European pct gainers.................... .PG.PEUR Top 25 European pct losers..................... .PL.PEUR ))