Mobile stocks lift FTSE over 4400

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The FTSE 100 index has finally managed to pull itself back over the 4400 mark, thanks to improved trading for the mobile phone operators.

Vodafone closed the day up 2.8% to 136p while MMO2 received a ratings upgrade from analysts, to lift its share value 0.8% to 89.75p. This left the FTSE 100 up 25.8 points or 0.6% to 4403 by close of business, while the FTSE All-Share index advanced 11.9 points or 0.5% to cross the 2200 mark, at 2201 points. Rolls Royce made reasonable gains of 3.2% or 6.75p to 219.75p after reporting 2003 net income more than doubled from £53m to £116m. That said, it was not all plain sailing today, as GlaxoSmithKline fell another 2.2% to close down at 1,105p. British Sky Broadcasting also fell ...

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