Monday, January 29, 2007

FTSE flat as telecoms slip, but miners rise

Britain's benchmark index was flat to softer in early trade on Monday, weighed by ailing telecoms stocks although helped by firm oil and mining shares.

Shares in British Telecom dropped 0.9 percent and mobile telecoms group Vodafone lost 0.7 percent as European telecoms suffered after Deutsche Telekom issued its second profit warning in six months

Read Full Article at Reuters South Africa

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