The UK's benchmark the FTSE 100 ended the day 66 points up at 5922.5 with telecom stocks Colt and En...
The UK's benchmark the FTSE 100 ended the day 66 points up at 5922.5 with telecom stocks Colt and Energis adding 20p to 725p and 125.5p to 272.5p respectively.
However it was a bad day for Railtrack, which saw its share value plummet 73.5p, as much as 17%, to 364.5p following yesterday's death tip by an ABN Amro analyst who said the stock was worth about 13% of Monday's closing price. That's less than 57p. The stock is scheduled to exit the FTSE 100 later this month.
Oil stocks continue to benefit from the Iraq's decision to freeze oil output and the threat of no change in output change by OPEC. Shell gained 4p to 633p and BP rose 9p to 647p with the pair contributing 10 points to the Footsie climb.
Autonomy gained 60p, as much as 12.5%, to 540p on news BEA Systems had chosen Autonomy to support the internet group's software service. Celsis International added 1.25p to 15.5p after the maker of medical testing equipment said full year pre-tax profit increased to £1.08m from £614,000 the year before.
The US markets opened with gains and have now climbed for four consecutive days. The Dow Jones added 71.77 to 11,133.29 while the tech focused Nasdaq added 63.36 to 2219.29 with gains for Microsoft, Cisco and Intel. The Standard & Poor's 500 added 11.36 to 1278.47.
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