LONDON (ShareCast) - 1025: Footsie (news) is flat now with miners among the heaviest fallers. India's Vedanta leads the sector lower after it said it is to raise $1bn through an
issue of covertible bonds to support organic growth and acquisitions, though major shareholder Volcan (
VOLCAN.SN -
news) has declined to take part in the issue. FTSE 100 up 1 at 4,462.
0835: Footsie has an end-of-week feel with miners weak on a fund raising by Vedanta, while Barclays (LSE: BARC.L - news) is lower after concluding the well-flagged sale of its BGI (BGII.PK - news) arm. Telecoms groups are in favour with BT (LSE: BT-A.L - news) , Vodafone (LSE: VOD.L - news) and Cable & Wireless all in the top six risers. FTSE 100 down 13 at 4,448.
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