LONDON -- U.K. stocks shook off early weakness to finish solidly higher.
closed out the day up 41.8, or 0.7%, to 6283. And it would have done even better if it had not been for
, Monday's highest profile loser. Vodafone ended 21.5p lower at 280 ($4.37), knocking 100 points out of the Footsie. This despite announcing an alliance with
to market mobile telephones in the U.K.
was today's biggest gainer, finishing 254p higher, or 78.2%, at 562 after announcing that it is in talks with medical insurer
and other parties that may lead to an offer.
Oil stocks were also better, with
27p higher, or 5.1%, at 555, and
up 26p, or 8.3%, to 508. The better tone reflected a rise in heating oil prices in the US.
In the media sector,
jumped 20p, or 1.7%, to
bid speculation, while
recovered from an early loss of 32p to close 4p dearer on balance at
Tech stocks were a bit of a mixed bag, but retained a reasonably firm undertone on the back of the current gains in the Nasdaq composite index.
finished 203p, or 7.7%, higher at
managed to finish with a gain of 54p, or 1.0%, to
slipped 100p, or 5.1%, to
lost 75p, or 4.4%, to
It was a similar story on the Continent. After suffering in the morning, Europe's other bourses turned around and the
in Frankfurt closed up 116.36, or 1.6%, at 7,280.51 and the
in Paris ended up 85.78, or 1.4%, to 6,320.29.
After being sold off in the morning, most tech stocks recovered.
closed up 1.75 euros, or 1.2%, at 151.60,
ended up 4.45,euros, or 3.3% at 138.30 and software maker
finished up 1.08 euros, or 0.2%, at 601.70.