LONDON -- In an indifferent performance, the FTSE 100 closed 39.2 points higher, or 0.6%, at 6238.8, while the Techmark edged up 36.9 points, or 0.9%, to 3757.4.

The modest gain in the

Techmark

hides the fact that for every winner there was a loser.

Bookham Technology

(BKHM)

ended up 600p, or 19.3%, to

37.12 ($56.79), while

Baltimore Technologies

(BALTV)

turned a gain of 631p at the day's peak into a gain of just 147p, or 2.1%, to

72.66 by the close.

Capita Group

rose 115p, or 7.5%, to

16.42, thanks to a government-training contract, and

ARM Holdings

(ARMHY)

weighed in with a 56p rise, or 8.5%, to 718.

Losers in the tech sector included

BATM Advanced Communications

, down 95p, or 2.1%, at

46.47, and

Staffware

, off 62p, or 2.7%, at

22.25.

Telecom stocks were a mixed bag.

British Telecom

(BTY)

retreated 19p, or 1.8%, to

10.29, but Footsie heavyweight

Vodafone AirTouch

(VOD) - Get Report

gained 8p, or 3.1%, to 277, accounting for around two thirds of the Footsie rise.

Media shares were marked down.

Pearson

retreated 66p, or 3.0%, to

21.55, and

Reuters

lost 45p, or 3.8%, to

11.52.

Oil stocks provided a measure of underlying support for the Footsie, rising on the back of broker recommendations and a higher oil price.

BP Amoco

(BPA)

rose 29p, or 5.2%, to 588, and

Shell

(SC) - Get Report

registered a gain of 20.5p, or 4.0%, to 527.5.

Most of Europe's continental stock markets also ended the week on a positive note, led by a strong performance from techs and telecoms. The

Xetra Dax

in Frankfurt closed up 144.11, or 2.0%, at 7530.82 and the

CAC 40

in Paris ended 54.02 higher, or 0.8%, at 6545.76. The Neuer Markt's

Nemax All-Share

index finished up 68.06, or 1.0%, at 6635.74.

German technology stocks received a boost from

Epcos's

(EPC) - Get Report

healthy second-quarter results. Epcos finished the day up 1.96 euros, or 1.2%, at 160.00 ($142.43),

Siemens

(SMWAY)

closed up 5.20 euros, or 3.2%, at 169.75 and software maker

SAP

(SAP) - Get Report

ended 25.08 euros higher, or 3.9%, at 667.08.

Deutsche Telekom

(DT) - Get Report

closed up 2.90 euros, or 4.3%, at 69.90.

France Telecom

(FTE)

rebounded late in the day to end up 1.60 euros, or 1%, at 170.30, but

Telefonica

(TEF) - Get Report

finished down 0.07 euros, or 0.3%, at 26.08.

German automakers finished mixed, with

DaimlerChrysler

(DCX)

down 0.26 euros, or 0.4%, at 64.49 and

Volkswagen

(VLKAY)

up 1.20 euros, or 2.6%, at 46.80.