News: UBI Britain's FTSE 100 continues drift to record highs

LONDON, Jan 10 (Reuters) - Britain's FTSE 100 continued its climb to record highs on Tuesday while Europe's top benchmark .STOXX failed to hold early gains with financials the biggest drag

The pan-European STOXX 600 index down 0.3 percent, while the FTSE 100 .FTSE hit a new all-time high of 7,261.16 points before paring back slightly, up 0.2 percent.

France's CAC 40 was up 0.3 percent and Germany's DAX also gained 0.3 percent in early deals.

British retailer WM Morrison MRW.L was a top gainer in the STOXX after Christmas trading results exceeded expectations. Its shares were up 4.5 percent and the stock had already traded a full days' volume within the first 15 minutes of trading.

Fast food delivery company Just Eat JE.L was the top faller, down 6.3 percent after its results, which indicated full year order growth of 42 percent, but analysts at Jefferies said the company was 'likely to disappoint'.

Insurance .SXIP and banking .SX7P sectors were the top fallers, with Italian banks back in focus after Poplare di Vicenza and Veneto Banca proposed a settlement deal with shareholders that could cost more than 600 million euros.

Industrials extended their recent gains, buoyed by Germany's Siemens SIEGn.DE and France's Airbus AIR.PA , which was set to outperform plane deliveries for 2016. pre

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European Equities speed guide................... EUR/EQUITY FTSEurofirst 300 index.............................. .FTEU3 STOXX Europe index.................................. .STOXX Top 10 STOXX sectors........................... .PGL.STOXXS Top 10 EUROSTOXX sectors...................... .PGL.STOXXES Top 10 Eurofirst 300 sectors................... .PGL.FTEU3S Top 25 European pct gainers....................... .PG.PEUR Top 25 European pct losers........................ .PL.PEUR

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