Marconi bid talk and absence of selling boosts Footsie

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The FTSE 100 was higher at morning trade largely due to the absence of stocks being sold. Confide...

The FTSE 100 was higher at morning trade largely due to the absence of stocks being sold. Confidence in the technology and telecom sectors received a boost thanks to the Nasdaq's gain of 1.8% on Friday. The FTSE 100 advanced 40.6 points to 5850.2, with only eleven stocks down in value among the FTSE 100 at morning trade/ Losses were capped at around 1.7% as BskyB led the fallers with a decline of 12.5p to 704p. A mixed bunch of stocks graced the FTSE 100 leaders' table. Telecom equipment manufacturer Marconi spearheaded gains with a rise of 18p to 356p following speculation it i...

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