Telecom firms good call for FTSE

MM02 gained 4.75p up to 116.25p, after analysts published notes upgrading their share price targets. Vodafone was up 3p to 146.75p. SABMiller, the brewer, picked up 23p to 870p after reporting stronger sales of ‘lite’ beer, which are growing in popularity with western consumers on low carbohydrate diets. Reuters was also a good performer today gaining 14p to 400.75p. Leading the drop was Hilton Group, losing 10.75p to 258.50p at close. BAE Systems dropped 9.25 p to 241.75p after admiting a Serious Fraud Office investigation is looking at the company as part of an investigation int...