UK's Sainsbury's top loser on FTSE 100 as Qatar plans stake cut
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** British supermarket chain Sainsbury's falls 5.3% to 309 pence, top loser on FTSE 100 index CURRENCYCOM:UK100** Qatar's sovereign wealth fund plans to reduce its stake in co by ~4% through secondary offering, selling shares at 317.6 pence/share** Sovereign wealth fund, a shareholder since 2007, plans to sell shares worth ~265.5 mln pounds ($351.5 mln), dropping from first to fourth-largest shareholder** As of last close, SBRY up 23.1% this year vs FTSE's 18.7% rise($1 = 0.7553 pounds)
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