British FTSE 100 index traded slightly lower on Monday as news about Chinese record high trade gap weighed on miners and oil shares. Vedanta Resources fell 3%, Randgold Resources lost 0.4% while Rio Tinto PLC tumbled 1%. Essar Energy dropped 1.2% and Cairn Energy gave up 0.5%. Man Group fell 1.6% after HSBC downgraded the stock from overweight to neutral. On the upside AMEC added 0.8% after Société Générale upgraded its shares from hold to buy. Schroders climbed 0.9% as Deutsche Bank lifted equities from sell to hold. At the moment of writing FTSE 100 index is 0.15% or 9.02 points down at 5,878.47.