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London blue chips slightly firmer on open, M&S rises after trading update.

Europe Intelligence Wire

| August 10, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From FT Investor (Pulses))

London blue chips opened slightly firmer on Tuesday morning despite further losses in New York markets overnight. The FTSE 100 opened 0.2 per cent firmer at 3,789.4 and the FTSE Techmark started 0.3 per cent weaker at 608.1. Overnight the Dow Jones Industrial Average finished 1.4 per cent lower and the Nasdaq Composite closed 1.8 per cent lower, below their levels at Monday's London close. Food and clothing retailer Marks and Spencer gained 6.2 per cent after it reported a 10 per cent rise in like-for-like sales in ...

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