Shares in London have spent most of the morning struggling for any clear direction. Click here for The Trader Nicole Elliott's latest thoughts on the markets.
IC TIP UPDATES:
TalkTalk’s (TALK) total headline revenue (ex-carrier and off-net) rose 1.3 per cent to £387m over the quarter to June 2019. Headline on-net revenue rose 2.6 per cent to £317m. The group’s year-over-year on-net average revenue per user (ARPU) edged up from £24.65 to £24.72, with growth in consumer. The group said it saw fibre net adds of 118,000, against 67,000 a year earlier. It has maintained its full-year guidance, anticipating strong cash-profit growth supported by accelerated fibre penetration and cost reduction plans. The shares were marked up around 4 per cent this morning. For now, sell.