Cisco Systems prompts market upturn

Bullish news from US technology bellwether Cisco Systems prompted an upbeat close to the week for London and Wall Street. The FTSE 100 finished the day up a healthy 75.4 points to 5471.9, marking a gain of 129.8 points for the week. Only handful of FTSE 100 stocks declined today and topping a crowded gainers board was Telewest bouncing back from recent declines with a gain of 6.5p to 67p. The market optimism failed to infiltrate the Colt Telecom camp however and the stock continued to tumble as fears of an imminent profit warning grow. The stock was the FTSE 100 worst perf...