The FTSE 100 index has so far gained almost 2 points to 4,362 despite falls by BT and J.D. Wetherspoon.
BT fell 1.25p, or 0.6%, to 193.25p after analysts at Dresdner Kleinwort Wasserstein cut their recommendation for the phone company’s stock to “hold” from “add”. Pub owner J.D. Wetherspoon lost 7p to 261.25p after reporting pretax profit probably will not meet forecasts this year as sales growth has slumped. In Asia, Tokyo's Nikkei 225 index gained 26.34 points to 11,608.62 earlier today, while Hong Kong's Hang Seng index dropped 112.68 points to 12,078.33. In the US, trading ended up yesterday as the Dow Jones Industrial Average index gained 25.00 points to 10,238.22, and the S&P...
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