BSkyB slows FTSE gains

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The FTSE 100 has slowed down after a week of gains, with a slight fall of 0.5 points, or 0.01%, to 5431.4, in early trading, as shares in BSkyB slipped after subscriber numbers disappointed investors.

The subscription satellite service BSkyB has fallen 33p, or 6.26%, to 494p, while British Airways is also feeling the strain by dropping 5p, or 1.59%, to 308.75p. But it is not all bad news as Amvescap has risen 16.25p, or 4.32%, to 392.5p, on speculation that US fund manager Janus may bid for the firm, while Rentokil continues its run from yesterday with gains of 2.25p, or 1.44%, to 159p. Meanwhile insurer Legal & General also advanced 1.75p, or 1.61%, to 110.5p, after it said new tax laws would not harm profits. Elsewhere among the gainers, BP is also on the rise, jumping 9p, or ...

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