Utility stocks steady FTSE as gaming sector plummets

Internet gambling stocks dragged the London market into the red today in the wake of anti-gaming legislation passed in the US.

Utility stocks steady FTSE as gaming sector plummets
Mon, 02 Oct, 2006 - 18:16

Internet gambling stocks dragged the London market into the red today in the wake of anti-gaming legislation passed in the US.

Initially the FTSE 100 Index held its nerve in the face of the bloodbath in the gambling sector as a surge for utility firms offset losses.

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