The market moved up in early trading today as investors moved in following yesterday's losses, pushin...
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 the falls of yesterday morning.
Barclays is up 15p to £20.15, HBOS is up 7.5p to 772.5p, HSBC is up 5p to 759p, LloydsTSB is up 9.5p to 704.5p and Royal Bank of Scotland is up 12p to £16.06.
The gains follow US market moves higher last night, when the Dow Jones Industrial Average closed up 3.46 points at 9,347.62, although Nasdaq ended down 7.09 at 1,696.31 points.
Tokyo's Nikkei 225 closed up 185.28 points earlier today at 10,637.82, and Hong Kong's Hang Seng index gained 19.26 to 10,149.85.
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
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