Blackberry rise on privatisation news

The Canadian smartphone maker, Blackberry Ltd, rose to the highest price in a month after Reuters reported the company is considering going private.

Chief executive Thorsten Heins and the board are coming around to the idea that going private would give them the leeway to fix problems out of the public view, Reuters reported, citing unidentified sources.

While there is a change of tone on the board, no deal is imminent.