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Vodafone leads FTSE 100 higher Vodafone leads FTSE 100 higher
(about 4 hours later)
(Noon): Vodafone was the star performer on the FTSE 100 in Friday morning trading, adding nearly 4%, as the benchmark index made modest gains. (Close): Vodafone was the star performer on the FTSE 100 in Friday trading, adding 4.64%, 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 20.16 points or 0.29% at 7,033.63. Overall, the FTSE 100 was up 18.25 points or 0.26% at 7,031.72.
The pound fell 0.1% against the dollar to $1.5646 and fell 0.85% against the euro to €1.3974. The pound fell 1% against the dollar to $1.5500 and fell 0.33% against the euro to €1.4048.
The next four big risers on the FTSE were all mining stocks. BHP Billiton, Fresnillo, Anglo American and Randgold Resources all gained about 1.7%. Other major winners were Travis Perkins and Dixons Carphone.
British Airways owner IAG topped the losers' list, shedding 1.7%, after a renewed rise in crude oil prices hit travel-related businesses. Four other risers on the FTSE were mining stocks. BHP Billiton, Fresnillo, Anglo American and Randgold Resources all gained.
Water firm Severn Trent fell 1.5%, despite reporting a 3.2% rise in full-year profits, while telecoms giant BT was down 1.3%. British Airways owner IAG topped the losers' list, shedding 2.08%, after a renewed rise in crude oil prices hit travel-related businesses.
Water firm Severn Trent fell 0.37%, despite reporting a 3.2% rise in full-year profits, while telecoms giant BT was down 1.76%.