The telecoms giant posted earnings before interest, tax, depreciation and amortisation of �2.08bn, 3pc ahead of forecasts. It also announced plans to spend around �6bn on broadband and mobile upgrades.
Stocks in the U.K. slipped Friday, as shares of InterContinental Hotels Group PLC came under pressure after a trading update, and as investors round off what's set to be a losing week for equities with a look at key U.S.
BT Group was the day's top performer, up 2.6% after reporting a rise in profits. Pearson added 2.3% and Next was 2.2% higher. In Europe, the Paris CAC 40 slipped 0.1% to 4,319, and the German Xetra Dax gained 0.2% to 9,851.
Technically, the FTSE 100 was short-term bearish below yesterday's high of 6154, as it is the most recent high of a series of lower highs formed since the FTSE 100 reached the April 21 high of 6433. Resistance levels above yesterday's high of 6154 are ...