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Sector movers: BT boosts telecoms sector

Thu, 11th Nov 2010 14:22
BT is putting in a sparkling performance today, helping lift the telecoms sector higher.The telecoms titan BT increased earnings forecasts for the full-year after bumping up profits by 13% during the second quarter.It was a good period for BT Broadband, with net additions of 114,000, representing a 45% market share of Digital Subscriber Line (DSL) and Local loop unbundling (LLU) net additions, one of the group's highest shares ever.Updates from the industrial transportation sector have been poorly received.Shares in distribution group Wincanton fell sharply after an increase in profits was marred by a poor performance from its French business and concerns over increasing costs.Also lower is FTSE 250-listed aircraft services group BBA Aviation, even after it said flying activity continued to rise in the period between 1 July 2010 and 10 November 2010.Top performing sectors so far todayFixed Line Telecommunications 2,177.43 +3.51%Industrial Metals & Mining 7,935.49 +2.47%Mining 26,360.77 +1.27%Personal Goods 17,493.74 +0.43%Equity Investment Instruments 5,860.05 +0.34%Bottom performing sectors so far todayAutomobiles & Parts 4,021.47 -2.38%Industrial Transportation 2,288.43 -2.24%Industrial Engineering 6,142.33 -2.20%Electronic & Electrical Equipment 2,470.16 -2.01%General Industrials 2,790.17 -1.82%

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