Banks prop up the Footsie

The FTSE 100 Index has shrugged off further weakness in the telecom sector today to close up 33.6 points at 5204.8.

Banks prop up the Footsie
Mon, 13 May, 2002 - 21:35

The FTSE 100 Index has shrugged off further weakness in the telecom sector today to close up 33.6 points at 5204.8.

Banking and pharmaceutical stocks made headway in the City, while early gains on Wall Street helped to bolster spirits.

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CourtsHeathrowPlace: LondonOrganisation: FootsieOrganisation: Wall StreetOrganisation: HSBCOrganisation: BarclaysOrganisation: Royal Bank of ScotlandOrganisation: Lloyds TSBOrganisation: HBOSOrganisation: GlaxosmithklineOrganisation: Cable & WirelessOrganisation: BTOrganisation: VodafoneOrganisation: MarconiOrganisation: SAGEOrganisation: ARMOrganisation: LogicaOrganisation: BSkyBOrganisation: GranadaOrganisation: Carlton
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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