The FTSE 100 began trading higher this morning, up 55 points to 5137. A reasonable day for the ...
The FTSE 100 began trading higher this morning, up 55 points to 5137. A reasonable day for the Nasdaq in the US and hints by the Bank of England that more interest rate cuts are on their way helped to fuel investor buying. Leading FTSE 100 gains in morning trade was BT, up 10p to 337p, followed by Arm up 9p to 319p then Amvescap up 25p to 894p. Media stocks paced losses though, with Pearson off 37p to 692p, Reuters lost 28p to 577p and Granada fell 5p to 117p. Over on Wall Street yesterday technology bigwigs IBM and Intel released third-quarter figures that didn't disappoint. Th...
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