Britain's benchmark share index fell on Tuesday, hit by stock price falls for mining companies and luxury firm Burberry after China devalued the yuan, raising the costs of imports, Reuters reported. China devalued the yuan on Tuesday after a run of poor economic data, guiding the currency to its lowest point in almost three years in a move that economists said was aimed at helping exporters. Burberry was the top faller in early trading, losing 2.2 percent. "A weaker yuan makes imports more expensive and with China accounting for some 14 percent of the company's sales, the implication is clear," Trustnet Direct analyst Tony Cross said. Mining groups BHP Billiton, Glencore, Antofagasta and Rio Tinto were down between 1.5 and 2.1 percent. Copper fell 1.5 percent after the move by China, which is the world's biggest consumer of metals. The mining sector was down 2.3 percent, moving back towards a six-year low hit in late July. Britain's FTSE 100 was down 40.61 points, or 0.6 percent, at 6,695.61 by 0738 GMT. Weakness in commodity stocks has contributed to recent falls in the index, which is now 6 percent off an all-time high hit in April.
