LONDON -- The U.K. equity markets closed with a firmer tone Tuesday, shrugging off the day's unremarkable domestic inflation data. The
ended 49.3 points higher at 6,469.2, while the
also put in a solid day's work with a 25.0 point gain to finish at 3,548.7.
edged lower after news that Concorde flights have been suspended, causing the shares to dip 1.25p to 381.5 ($5.74).
Media stocks were back in fashion with
regaining its poise with an advance of 90p to
was no mug either, moving up 14p to
Profit-taking in the oil sector is over for now, and buyers are waking up to the fact that the price of crude has been heading only one way and that's not south.
regained composure with a gain of 11p at 599 and
embarked on a fresh uptick with a gain of 7.5p to 566.
After Monday's tie-up between
, all three stocks rose Tuesday. Dixons and Freeserve both recovered from Monday's fall, adding 11p to 249 and 5.5p to 267.5 respectively. Gameplay continued its upwards march with a 20p rise to 246.
Elsewhere in the tech sector
added a solid 25p to 689.5, and
also added a healthy 85p to close at
Europe's other stock markets ended Tuesday mixed. The
in Paris closed up 27.3, or 0.4%, at 6,636.6 in extremely light trade, as banks and the government shut for a holiday. Late in the German session, the
in Frankfurt was down 38.8, or 0.5%, at 7,292.9 and the Neuer Markt's tech-heavy
index was 73.3 higher, or 1.3%, at 5,772.3.
Investors remained focused on telecoms, as the German third-generation wireless auction was thought to be entering its last leg. Regulators instituted new rules to slow the exponential growth of the bids, which have topped 80 billion marks ($37 billion).
Among the bidders,
fell 1.30 euros, or 2.6%, to 48.30 ($43.73),
rose 0.49 euros, or 2%, to 25.02 and
closed down 0.20 euros, or 0.1%, at 139.40.
Elsewhere Germany's biggest utility
rose 0.22 euros, or 0.4%, to 58.50, after Goldman Sachs rated the company "market outperformer",
fell 0.75 euros, or 1.2%, to 61.35 and
was down 0.90 euros, or 0.5%, at 164.60.