FTSE rings gains on Vodafone subscribers

The FTSE 100 index is up 26.90 points or 0.5% within the first hour of trading to 5268.70 while the FTSE All-Share index has added 0.5% to 2633.84 after Lehman Brothers raised its rating in oil producing companies as well as on the price of Brent crude oil. BP, now Europe's biggest oil producer, has gained 10p or 1.6% to 636p as Lehman Bros now forecasts the 2006 to 2010 Bent oil price forecast at $50 a barrel from $40 and lifted its rating on oil firms to “positive”. Vodafone has also gained 1.25p or 0.9% to 143.5p its customer base has increased by 6.6% in the last quarter thanks to...