FTSE lopes towards 4,000 again

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Closing up 12.5 points at 3,999.90 this afternoon, the FTSE again played with the psychologically im...

Closing up 12.5 points at 3,999.90 this afternoon, the FTSE again played with the psychologically important 4,000 level after more good news from retailers, and signs that mobile telecoms could be performing better than expected. Vodafone did not lead the gainers in terms of share price rise, but added more than 6 points to the overall index because of its weighting after Japanese telecoms giant NTT reported that strong earnings from its wireless businesses helped offset a downturn in revenues from its fixed line businesses – Vodafone shares ended up 2.25p at 122.75p. Top shar...

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