Telecom stocks take FTSE over 3900

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Telecoms stocks have, over recent months, sent the FTSE 100 tumbling with doom and gloom news, but V...

Telecoms stocks have, over recent months, sent the FTSE 100 tumbling with doom and gloom news, but Vodafone Group and MM02 were two of the biggest movers on the UK index, pushing the FTSE back over the 3900 mark. It wasn't a huge change by the FTSE 100 closed up 28.5 points or 0.7% to 3917.7, as frantic trading took at least half of the six-month daily average and pushed trading to around £2.5bn. Vodafone gained 1.75p or 1.4% to 124.25p while MM02 climbed 2.8% to 55.5p and Cable & Wireless added climbed 2p or 2.5% to 81p. Freeport, a real estate company which develops retail ...

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