LONDON -- The FTSE 100 started to wobble just ahead of the open on Wall Street, but it managed to regain some measure of respectability to end the day 46.0 points higher, or 0.7%, at 6,373.4.

Restraining trade in London is the

Bank of England's

monetary policy meeting and U.S. employment data later this week, as well as the

Federal Open Market Committee

meeting on May 16.

Nevertheless, technology stocks got a boost from the Nasdaq's rise overnight and the

Techmark

climbed 153.3 points, or 4.2%, to 3,825.3.

Tech shares were led higher by

London Bridge Software

, which split five-for-one today, and jumped 117p, or 17.5%, to 787 ($12,43). Not to be outdone,

Psion

climbed 624p, or 16.2%, to

44.61 as investors finally elected to respond to a raft of new deals and alliances announced over the past month relating to its

Symbian

mobile phone venture.

Baltimore Technologies

(BALTV)

rose 503p, or 7.8%, to

69.66, and

BATM Advanced Communications

closed 325p better, or 7.1%, at

48.87.

Freeserve

(FREE)

rose 37p, or 10.3%, to 397 on reports over the weekend that

T-Online

of Germany may be about to make a bid for the company. On the Neuer Markt

T-Online

surged 6.50 euros, or 15.7%, to 48.00.

Media stocks also did well, with

Pearson

rising 123p, or 5.6%, to

23.34, and

Reuters

(RTRSY)

up 51p, or 4.4%, to

12.00.

Telecom stocks experienced something of a roller coaster day. With

British Telecom

(BTY)

, every time you looked away from the screen not only did the price change, but also the direction. BT finally closed 21p higher, or 1.8%, at

11.72, having been as high as

11.87 at one point and as low as

11.21.

Kingston Communications

weighed in with a gain of 19p, or 2.4%, at 822, and

Colt Telecom

(COLTY)

climbed 209p, or 7.7%, to

29.38.

Europe's other bourses ended solidly in the plus column, with the

Xetra Dax

in Frankfurt up 141.24, or 1.9%, at 7555.92 and the

CAC 40

in Paris 142.69 higher, or 2.2%, at 6562.41. Frankfurt's technology segment the

Nemax All-Share

index of the Neuer Markt closed up 384.56, or 6.1%, at 6707.33.

Gains for German technology stocks were led by

Siemens

(SMWAY)

, which rose 6.02 euros, or 3.7%, to 169.02 ($154.75) after announcing a share buyback.

Software maker

SAP

(SAP) - Get Report

gained 19.50 euros, or 3%, to 668.00 and

Epcos

(EPC) - Get Report

trimmed early gains to close up 0.20 euros, or 0.1%, at 155.20.

Deutsche Telekom

(DT) - Get Report

closed up 3.61 euros, or 5.1%, to 75.00 and

France Telecom

(FTE)

finished 7.80 euros higher, or 4.6%, at 178.00.

Telefonica

(TEF) - Get Report

closed up 2.26 euros, or 9.2%, at 26.74, after announcing it was in merger talks with Dutch telco

KPN

, which ended 13.00 euros higher, or 11.6%, at 125.00.

Drugmaker

Bayer

(BAYZY)

was one of the day's biggest blue-chip losers, falling 1.43 euros, or 3.1%, to 44.40.