Telecoms and oil help FTSE revival

Progress by telecoms and oil stocks helped the FTSE 100 Index reverse a recent losing streak today.

Telecoms and oil help FTSE revival
Fri, 19 Aug, 2005 - 18:32

Progress by telecoms and oil stocks helped the FTSE 100 Index reverse a recent losing streak today.

The Footsie surged 43.3 points to close at 5312.6, despite having previously suffered six consecutive sessions of losses.

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CourtsBusinessHeathrowPlace: AntofagastaPlace: New YorkPlace: LondonOrganisation: FTSEOrganisation: FootsieOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: ShellOrganisation: O2Organisation: Deutsche TelekomOrganisation: DresdnerOrganisation: VodafoneOrganisation: BHP BillitonOrganisation: Rio TintoOrganisation: WPPOrganisation: CazenoveOrganisation: Shire pharmaceuticalsOrganisation: Barr PharmaceuticalsOrganisation: ThorntonsOrganisation: T ClarkeOrganisation: DixonsOrganisation: BAE SystemsOrganisation: HansonOrganisation: HBOS
<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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