The FTSE 100 has ended the day up 9.8 points, or 0.15%, to 6,616.4, although Tate & Lyle limited any substantial gains.
Vodafone was the biggest winner with a rise of 3.67% to 149.9p, ahead of next week’s final results despite the news ‘roaming’ charges will be capped in the EU, while BT Group advanced 2.75% to 326.5p.
Power company Drax added 3.14% to 820.5p, closely followed by Kelda Group which added 2.98% to £10.01, while Rexam climbed 2.88% to 535p, although Next limited gains with a fall of 1.87% to £22.57.
Tate & Lyle was the biggest loser with a fall of 6.2% to 605p, following cautious comments about its trading situation, while GlaxoSmithKline slipped 1.97% to £13.44, Bradford & Bingley fell 1.76% to 447p, and Unilever declined 1.71% to £15.55.
In the US, the Dow Jones Industrial Average is up 48.35 points, or 0.36%, to 13,588.3 in early trading, following positive earnings news from the retail sector.
Alcoa is posting the biggest gains with a rise of 4.34% to $40.64, despite Canadian firm Alcan rejecting its $27.6bn offer, while Caterpillar is up 2.11% to $77.10, and Home Depot has added 1.17% to $38.98.
Disney has climbed 1.08% to $36.66, while Wal-Mart has advanced 0.84% to $46.93, although gains are being limited by McDonald’s which has slipped 0.23% in early trading to $52.38.
Honeywell International is the biggest loser with a fall of 1.35% to $56.21, closely followed by IBM which has dropped 0.63% to $106.03, while Microsoft has fallen 0.36% to $30.59, and Boeing has declined 0.47% to $96.03.
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