Footsie flat but tech stocks strong

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The FTSE 100 was flat at mid morning trade, up 6.9 points to 5174.5. Few trends dominated but t...

The FTSE 100 was flat at mid morning trade, up 6.9 points to 5174.5. Few trends dominated but technology stocks fared quite well on the back of decent gains made by their US counterparts yesterday. The FTSE 100 had 60 risers and 37 losers. Gains were led by retailer Dixons with a rise of 11.75p to 213.25p. WPP followed, up 32.5p to 591.5p and with news that the Takeover Panel is forcing the advertising group to proceed with its takeover of media buying agency Tempus. FTSE 100 fallers were led by Daily Mail & General, down 31p to 617p then Cable and Wireless, down 12p to 327p. ...

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