** J Sainsbury within easy reach of 4-mth highsreached earlier this mth as posts 1.9 pct drop in Q4 sales atstores open over a yr (ex fuel) vs co guidance of down c.2 pct
** Stock, up 1 pct, enjoyed stint at top of FTSE 100 leader board, only to pare gains - now up 1 pct, builds on 3.7pct rise seen Monday into numbers
** Outperforms peers: Tesco, boosted in previoussession by news WPP submitted bid for a majority stakein customer data business Dunnhumby, down 0.6 pct, & Wm Morrison trades flat
** Sainsbury is 3rd most borrowed FTSE 100 stock, with 12.9pct of its shares on loan (trailing Morrisons in 2nd spot),according to Markit data (RM: tricia.wright1.thomsonreuters.com@reuters.net)