LONDON -- With the holiday weekend upon us, investors were in no mood to take up fresh positions, leading to a very quiet trading session for most of the day and a frantic last half hour as players attempted to adjust their book positions.
ended 56.3 points higher, or 0.9%, at 6,241.2 and the
index was just 22.3 points lower, or 0.6%, at 3,359.0.
In the tech sector,
stole the show with a gain of 312p, or 13.9%, at
24.75 ($39.35) and
BATM Advanced Communications
ended 215p higher, or 5.2%, at
The biotech sector returned to prominence with
rising 150p, or 7.6%, to
up 52p, or 3.0%, to
Oil stocks provided a ray of sunshine, with
regaining favor in the wake of its Atlantic Richfield acquisition, and rising 13p, or 2.5%, to 533.5.
closed up 8p, or 1.7%, to 482.
Satisfactory first-quarter results boosted
28p, or 3.3%, to 879, and merger partner
closed up 56p, or 2.9%, to
19.58. Make the most of it -- it's the last set of individual results before the merger is set in stone.
Europe's other bourses were mixed, with the
in Frankfurt closing down 58.76, or 0.8%, at 7,157.95, but the
in Paris up 68.05, or 1.1%, at 6,234.51.
In Frankfurt, some tech stocks managed to recover after being sold off in the morning.
closed unchanged at 449.85 euros ($445.35), and
ended up 0.85 euros, or 0.6%, at 133.85. Software maker
, though, continued to be punished for its disappointing sales figures and the resignation of the head of its U.S, operations Wednesday, and closed down 62.38 euros, or 9.4%, at 600.62.
was another bid loser, falling 4.35 euros, or 6.4%, at 63.35 after reporting that increased competition in North America had contributed to dragging down its overall profits 3.0% to $2.3 billion during the first quarter of this year.