Telecoms gains push FTSE higher

Professional Adviser
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A 'buy' recommendation on mobile phone maker Nokia by Merrill Lynch has pushed telecoms stocks this ...

A 'buy' recommendation on mobile phone maker Nokia by Merrill Lynch has pushed telecoms stocks this morning, helping the FTSE 100 index climb 14 points to 4,183. MmO2 leads the gainers with a 1.75p rise to 52.75p, BT is up 1.5p to 211.5p, although Vodafone's gain was limited to 0.5p to 122.5p following recent weeks' gains. Insurers are also performing well. Legal & General is up 3.25p to 118.25p, while Aviva is up 11.5p to 560p on news it is to sell its stake in the world's biggest aviation insurance underwriter. Sage is up 3.25p to 160p as analysts forecast a ri...

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