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UPDATE 6-FTSE 100 slips below 3,800 as gains fade.
(From FT Investor (Stories))
LONDON (FT.com) - London blue chips gained little support from a firmer start on Wall Street on Tuesday and slipped back below 3,800 despite support from 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 session.
Advancers outnumbered decliners by three-to-two on the FTSE 100, although volumes were unremarkable at 1.2bn shares in FTSE stocks by 1330 GMT.
The FTSE 100 traded 0.3 per cent higher at 3,791.2 and the FTSE Techmark gained 1.3 per cent to trade at 617.7. See European markets report
Meanwhile on Wall Street the Dow Jones Industrial Average gained 1.4 per cent at the open and the Nasdaq Composite rose 1 per cent.
M&S sales surge
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- News wire article from: Europe Intelligence Wire November 29, 2002 700+ words
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...explain why it approached Abbey National. A series of meetings is...The shares closed down 17 cents at E9.93 having traded...many of which are also Abbey National shareholders. Abbey National shares were also weaker yesterday...
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- News wire article from: Europe Intelligence Wire October 16, 2002 700+ words
...of success at over 40 per cent at this stage, given Abbey National's refusal to engage them...to secure more than 80 per cent approval for the takeover...number of small shareholders. Abbey National may be waiting for Bank of...
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- News wire article from: Europe Intelligence Wire February 8, 2003 700+ words
...policyholders with Abbey National and its Scottish...profits policies from Abbey National Life, Scottish...between zero per cent and four per cent...Scottish Mutual and Abbey National Life on a single...plan a three per cent terminal bonus...
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- News wire article from: Europe Intelligence Wire October 22, 2004 700+ words
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