This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34613139
The article has changed 4 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
FTSE rises but TalkTalk shares fall | FTSE rises but TalkTalk shares fall |
(about 4 hours later) | |
(Noon): 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 10% in early trading, but by midday were just 5% lower. | |
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 1%, or 64.21 points, at 6,440.49. | |
It was helped by a rally in shares of the DIY group Travis Perkins, which fell sharply on Thursday. The stock was up nearly 4% after Citigroup upgraded the company to a "buy". | |
On the downside was the education company Pearson, which saw a fall of 3.5% to a five-and-a-half year low, as investors continue to assess its outlook. | |
Its shares have now lost nearly a quarter of their value since a profit warning earlier this week. | |
Another company to see its stock fall sharply was the betting firm William Hill. Shares dropped by about 7% 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 $1.5390 and it was also steady against the euro at €1.3866. |