Footsie adds 66 to 5922 despite Railtrack nosedive

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 chan...