LONDON -- The market kept its power dry until late in the day Friday, waiting for the U.S. non-farm payroll figures, which turned out to be much weaker than expected. That allowed the
to end the week on a solid note, gaining 55.4 points on the day to 6487.50, while the
of leading tech stocks jumped 151.4 points to close at 5604.20.
It came as no surprise in the techs to see
jump 400 pence to 38.87 pounds, while
climbed 330p to 24.92 pounds.
muscled in with a rise of 300p to 120.50 pounds and
closed 222p better at 21.07 pounds.
Back in the non-tech world,
Marks & Spencer
saw some chop. The bid speculation refuses to die down and the shares turned an early loss into a net gain of 2.5p at 250.25, and then dropped back down towards the close to settle 2p cheaper on balance at 246.
rose 14.5p to 369.5 as institutions planned their next re-weighting, which, we understand, has to be competed before Monday. Vodafone turnover expanded to 277 million shares. Marconi rose 22p to 916 after positive broker comment.
Media stocks took a distinct turn for the better towards the end of the session, with
(whose results are due on Monday) rising 139p to 23.30 pounds, while
gained 26p to 15.65 pounds.
Most of the continental stock markets were able to finish the last session of the week in positive territory, once again pushed higher by techs and telecoms. The
in Frankfurt closed up 14.26, or 0.2%, at 7960.03 and the
in Paris ended up 36.56, or 0.6%, at 6514.11.
helped the Dax to another record close, even though most shares ended the day lower. Telekom rose 3.52 euros, or 3.5%, to 102.90, as it was reported the company was in merger talks with Global Crossing as well as Qwest Communications.
jumped 8.32 euros, or 5.6%, to157.60 and
rose 22.58 euros, or 2.5%, to 933.
was hit by profit-taking and fell 3.50 euros, or 1.6%, to 215.50 after making major gains Thursday and
climbed 8.90 euros, or 7.1%, to 133.90.