BT is among the companies losing ground today as the FTSE 100 index is down by a marginal 3.7 points to 6,241.50 this morning.
BT has dropped 2.75p to 308.75p. Vodafone, another telco, is down 0.75p to 142.25p as its board ponders an ongoing battle in the Indian market, which has raised the issue of conflicts of interest at the board level.
Cairn Energy, another group with Indian links is down10p to £17.94. Among the gainers is British Airways, up 4.25p to 528p after rival Aer Lingus reported stronger than expected growth.
British Land has continued its gains, rising another 33p to £17.31 - the real estate investment trust market will kick off in a few days time and many see this as a key player going forward.
Tokyo's Nikkei 225 index gained 1.66 points to close at 17,224.81 earlier today. A reports suggests industrial output jumped 0.7% last month.
Nippon Steel led the gainers, up 34 yen to 677. Kobe Steel followed close behind, up 12 yen to 411.
KDDI Corp, the telecoms provider, gained 11,000 yen to 600,000, as investors reacted to yesterday's breakdown in Asian telecommunications triggered by an earthquake cutting a key sub-sea line near Taiwan.
The Dow Jones Industrial Average index surged 102.94 points to 12,510.57 by the close yesterday when there were no losers at all among its constituent members
General Motors led with a $0.82 rise to $30.59. Financial group Citigroup added $1.29 to $56.41. And IBM rose $1.54 to $97.20.
Investors are buying more equities ahead of what they believe will be an increasing change by the Federal Reserve towards looser monetary policy, even as the dollar continues to hold a weak position against other key currencies.
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