Media and water companies help FTSE maintain gains

Positive broker comment lifted media and water companies today as the FTSE 100 Index clung on to recent gains.

Media and water companies help FTSE maintain gains
Wed, 27 May, 2009 - 12:27

Positive broker comment lifted media and water companies today as the FTSE 100 Index clung on to recent gains.

ITV’s shares were up 11% amid hopes of a recovery for the media sector next year from Goldman Sachs, while Credit Suisse upped its ratings on a host of utilities.

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