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FTSE rises but TalkTalk shares fall FTSE rises but TalkTalk shares fall
(35 minutes later)
(Open): London's leading share index opened higher, but shares in TalkTalk fell after the company revealed it had been hit by a cyber-attack.(Open): London's leading share index opened higher, but shares in TalkTalk fell after the company revealed it had been hit by a cyber-attack.
Shares in the telecoms group were down by about 4% in early trading. Shares in the telecoms group were down by about 9.5% in early trading.
Overnight, TalkTalk said banking details and personal information of its four million UK customers could have been accessed by the cyber-attackers.Overnight, TalkTalk said banking details and personal information of its four million UK customers could have been accessed by the cyber-attackers.
Overall, the FTSE 100 was up by 0.49%, or 30.95 points, at 6,407.23. Overall, the FTSE 100 was up by 0.78%, or 49.81 points, at 6,426.09.
Another company to see its stock fall sharply was the betting firm William Hill. Shares dropped by about 5% after it said full-year profit would be at the low end of analysts' expectations.Another company to see its stock fall sharply was the betting firm William Hill. Shares dropped by about 5% after it said full-year profit would be at the low end of analysts' expectations.
On the currency markets, the pound was little changed against the dollar at $1.5402 and it was also steady against the euro at €1.38510.On the currency markets, the pound was little changed against the dollar at $1.5402 and it was also steady against the euro at €1.38510.