It was not a day for the optimists as the colour red flowed across the FTSE index boards in response...
It was not a day for the optimists as the colour red flowed across the FTSE index boards in response to poor corporate newsflow. The FTSE 100 index shed 32.90 points by the close, to end at 3,780.90 led down by a 8.75p fall in BT shares to 154p. Vodafone shed 3.75p to 86.25p after it said Japanese subscriber growth slumped in its latest month-on-month report. Both telecoms companies are still smarting from a report released on Friday showing the mobile phone industry will take at least another 10 years to start making money from its 3G licences. British American ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
