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Vodafone leads FTSE 100 higher | Vodafone leads FTSE 100 higher |
(35 minutes later) | |
(Open): Vodafone was the star performer on the FTSE 100 in early Friday trading, adding 2.8%, as the benchmark index made modest gains. | (Open): Vodafone was the star performer on the FTSE 100 in early Friday trading, adding 2.8%, as the benchmark index made modest gains. |
On Tuesday, the mobile phone operator reported a rise in quarterly sales for the first time in almost three years on increased demand for 4G services. | On Tuesday, the mobile phone operator reported a rise in quarterly sales for the first time in almost three years on increased demand for 4G services. |
Overall, the FTSE 100 was up 15.57 points or 0.22% at 7,029.04. | Overall, the FTSE 100 was up 15.57 points or 0.22% at 7,029.04. |
The pound gained 0.04% against the dollar to $1.5667 and fell 0.31% against the euro to €1.4051. | The pound gained 0.04% against the dollar to $1.5667 and fell 0.31% against the euro to €1.4051. |
Other big risers on the FTSE included Imperial Tobacco, up 1.2%, and AB Foods, owner of the Primark clothing chain, which gained 1%. | |
Telecoms giant BT topped the losers' list, shedding nearly 1%. |