FTSE climbs on recovery stories

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London's FTSE 100 index is up nearly 40 points to 5,159 this morning after reversing yesterday's los...

London's FTSE 100 index is up nearly 40 points to 5,159 this morning after reversing yesterday's losses. The decision to leave interest rates unchanged in the US, good earnings news from tech bellweather stock Cisco Systems, and higher crude oil prices helped boost prices across the board. Vodafone has climbed to the top of the leaders after analysts started questioning its new low prices as overdone, and have pushed it up 4p to 99.25p today. Other telecoms stocks such as BT and MmO2 are also up, by 2.25p to 247.75p and by 3.5p to 48.25p respectively. BP is up 2.5p t...

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