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FTSE 100 gains little benefit from firmer US but clings to 3,800.

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 gained little suppport from a firmer start on Wall Street on Tuesday but managed to cling on near to 3,800, supported by merger talk and upbeat sales figures from high street retailer Marks and Spencer . Financial stocks were the main early beneficiaries, but telecoms stocks became more prominent as banking gains faded later in the ...

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