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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


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

Bookham Technology


ended up 600p, or 19.3%, to

37.12 ($56.79), while

Baltimore Technologies


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

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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


, off 62p, or 2.7%, at


Telecom stocks were a mixed bag.

British Telecom


retreated 19p, or 1.8%, to

10.29, but Footsie heavyweight

Vodafone AirTouch

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

Media shares were marked down.


retreated 66p, or 3.0%, to

21.55, and


lost 45p, or 3.8%, to


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


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


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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


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



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


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

Deutsche Telekom

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

France Telecom


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


(TEF) - Get Telefonica SA Report

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

German automakers finished mixed, with



down 0.26 euros, or 0.4%, at 64.49 and



up 1.20 euros, or 2.6%, at 46.80.