Market recovers yesterday's losses

Professional Adviser
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The market moved up in early trading today as investors moved in following yesterday's losses, pushin...

The market moved up in early trading today as investors moved in following yesterday's losses, pushing the leading FTSE 100 index up by some 26 points to 5,093 points. Among the leaders is BT, which today confirmed its intent to end its Concert joint venture with US telco At&T, pushing its stock up 13p to 346.25p. Cable&Wireless gained 13.75p to 302p, while Vodafone gained 2.5p to 158.75p, helping the telecoms sector to reverse several days of downwards pressure related to BT's imminent demerger of its wireless assets into new company mmO2. The banking sector too has reversed ...

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