TechMARK movers: BT pay deal boosts shares

9th Jul 2010 15:14

BT Group is higher after it agreed a new pay deal with the Communications Workers Union. This removes the threat of a strike. CWU members will receive a 3% annual pay increase backdated to January 2010 and lasting until March 2013. Prospect, the second biggest union in BT, has previously a greed a 2% pay rise for this year. Educational IT supplier RM has lost nearly 10% of its value over the past week following the government's decision to sharply cut back the Building Schools for the Future (BSF) programme. The share price fall is continuing today. RM appears to have lost £121m worth contracts over the next few years because of the changes. FTSE TechMARK - RisersComputacenter (CCC) 297.00p +6.38%Xaar (XAR) 125.00p +6.38%Vernalis (VER) 36.50p +5.80%Innovation Group (TIG) 11.25p +4.65%Oxford Instruments (OXIG) 300.00p +3.27%BT Group (BT.A) 140.00p +2.94%Sepura (SEPU) 45.50p +2.82%Vislink (VLK) 19.00p +2.63%Intec Telecom Systems (ITL) 49.00p +2.08%Corin Group (CRG) 54.50p +1.87%FTSE TechMARK - FallersPhytopharm (PYM) 8.00p -9.38%NXT (NTX) 11.00p -4.55%Torotrak (TRK) 19.75p -3.80%Renovo Group (RNVO) 25.50p -3.77%RM (RM.) 154.00p -3.14%ProStrakan (PSK) 67.50p -2.53%Oxford Biomedica (OXB) 10.00p -2.44%E2V Technologies (E2V) 51.75p -2.36%Consort Medical (CSRT) 378.00p -2.26%CML Microsystems (CML) 71.50p -1.40%