The decision of the European Central Bank to leave interest rates unchanged today despite a widely ex...
Only one sector, telecoms, faced some significant bad news as BT's share price fell ahead of the demerger of its wireless assets.
The company's subscriber figures released today raised fears that it is not growing its revenues per user fast enough.
That news hit the two other wireless stocks Orange and Vodafone, and with the latter representing a significant weighting in the FTSE it served to keep the overall index back, even as other companies were storming ahead.
The Daily Mail and General Trust gained about 10% or 66p to 671p to top the list of FTSE gainers today following comments last night by US based New Corporation that media advertising revenues were showing signs of recovery.
United Business Media was another top gainer, up 30.5p to 426.5p.
Punters were also keen on the biotech story, pushing Celltech up 84p to 884p as fears over biological and chemical terrorism pushed up stocks in biotech and pharmaceutical stocks worldwide.
3i, meanwhile, rode the tech speculation wave up 75.5p to 802.5p, driven by further tech gains in the US yesterday, which flowed into higher UK tech stock prices today.
Overall there were 66 gainers versus 33 losers on the day with 3 non-movers.
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