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Sector movers: Vodafone lifts mobile telecom sector higher
07-02-2013 14:24
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Gains from Vodafone ensured that the mobile telecommunications sector was in the top spot on Thursday, with the company impressing with its third-quarter results.
The FTSE 100 telecoms company said organic revenues fell 1.8% to £11.38bn year-on-year for the quarter, experiencing the biggest decline in the take up of services in Europe, though this was largely expected.
However, despite the decline, Vodafone said that full-year adjusted operating profit would still come in at the "upper half of the range of £11.1bn to £11.9bn".
The stock was up 1.41% at 172.75 this afternoon; it has now risen nearly 12% in the year to date.
AIM-listed mobile content group Mobile Streams was also a high riser this afternoon, extending gains after its impressive first-half trading update last week.
The company, which provides apps, games and eBooks, reported on January 31st that revenues in the first six months of the year had risen over 170% year-on-year, which cash had jumped rom £0.7m to £2.2m.
The shares, up 5.92% at 40.25p today, have now risen by a third in 2013 so far. Meanwhile, over the past 12 months, the stock has surged nearly 300%.
Top performing sectors so far today
Mobile Telecommunications 4,051.94 +1.67%
Health Care Equipment & Services 4,040.58 +1.17%
Construction & Materials 3,674.88 +0.80%
Travel & Leisure 5,801.53 +0.77%
Insurance (non-life) 1,732.74 +0.70%
Bottom performing sectors so far today
Personal Goods 21,615.39 -4.06%
Fixed Line Telecommunications 3,149.17 -1.23%
Pharmaceuticals & Biotechnology 10,025.30 -0.84%
Household Goods & Home Construction 8,965.82 -0.81%
Automobiles & Parts 5,770.35 -0.80%
BC
The FTSE 100 telecoms company said organic revenues fell 1.8% to £11.38bn year-on-year for the quarter, experiencing the biggest decline in the take up of services in Europe, though this was largely expected.
However, despite the decline, Vodafone said that full-year adjusted operating profit would still come in at the "upper half of the range of £11.1bn to £11.9bn".
The stock was up 1.41% at 172.75 this afternoon; it has now risen nearly 12% in the year to date.
AIM-listed mobile content group Mobile Streams was also a high riser this afternoon, extending gains after its impressive first-half trading update last week.
The company, which provides apps, games and eBooks, reported on January 31st that revenues in the first six months of the year had risen over 170% year-on-year, which cash had jumped rom £0.7m to £2.2m.
The shares, up 5.92% at 40.25p today, have now risen by a third in 2013 so far. Meanwhile, over the past 12 months, the stock has surged nearly 300%.
Top performing sectors so far today
Mobile Telecommunications 4,051.94 +1.67%
Health Care Equipment & Services 4,040.58 +1.17%
Construction & Materials 3,674.88 +0.80%
Travel & Leisure 5,801.53 +0.77%
Insurance (non-life) 1,732.74 +0.70%
Bottom performing sectors so far today
Personal Goods 21,615.39 -4.06%
Fixed Line Telecommunications 3,149.17 -1.23%
Pharmaceuticals & Biotechnology 10,025.30 -0.84%
Household Goods & Home Construction 8,965.82 -0.81%
Automobiles & Parts 5,770.35 -0.80%
BC
| Related share prices |
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| Vodafone Group (VOD) share price |
| Mobile Streams (MOS) share price |
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