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Bourses mostly higher as Wall Street opens higher.

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))

Opening gains for US stocks helped keep most European equity markets on an upward track on Tuesday afternoon, although there was a distinct lack of confidence among market observers that the gains could be maintained. Insurance and telecoms tocks were mong the best performers, although an early rally for retailers on the back of strong sales figures from Marks and Spencer fizzled out. The pan-European FTSE Eurotop 100 index was up 0.5 per cent at 1,820.20, although the Xetra Dax index in Frankfurt was 0.4 per cent lower. In Paris, the CAC 40 was up 1 per cent and London's FTSE 100 firmed 0.5 per cent. Shortly ...

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