Footsie unmoved by BT's record rights issue

British Telecom's record-breaking £5.9bn rights issue has failed to inspire the Footsie index of 100 leading shares.

Footsie unmoved by BT's record rights issue
Thu, 10 May, 2001 - 10:23

British Telecom's record-breaking £5.9bn rights issue has failed to inspire the Footsie index of 100 leading shares.

Shares in BT have slumped by 29p to 539p after it unveiled the cash call alongside widely anticipated plans for a break-up.

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CourtsHeathrowPlace: CanadaOrganisation: FootsieOrganisation: BTOrganisation: British TelecomOrganisation: BT WirelessOrganisation: Bank of EnglandOrganisation: European Central BankOrganisation: Reckitt BenckiserOrganisation: Royal & Sun AllianceOrganisation: Shire pharmaceuticalsOrganisation: BioChem Pharma
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