LONDON -- Europe's markets finished Wednesday on a positive note, with all three major indices closing higher, helped in no small part by the performance on Wall Street.
closed with a gain of 132.3, or 2.1%, to 6363.9.
It was another day and another dollar for the investors in the tech and telecom sector. First prize goes to
, up 12.88 pounds, or 21.9%, to 64.75 pounds, followed by
, up 500p, or 7.9%, to 68.00 pounds.
moved up 600p, or 5.2%, to 122.00 pounds, while
gained 442p, or 12.2%, to 40.73 pounds. The
index of leading tech stocks closed 210.1 points higher at 5342.4, or up 4.01%.
There were bid rumors again for troubled retailer
Marks & Spencer
of France, Europe's answer to
, was the name in the frame, and M&S raced ahead 33p, or 14.5%, to 260.5.
Media stocks were again in the headlines.
jumped 146p, or 7.0%, to 22.48 pounds, while
shot up 123p, or 9.0%, to 14.92 pounds, helped by a chunky buying order first thing this morning following a
buy note and a
20-pound price target.
closed 24p higher, or 6.3%, at 459 amid rumors of an imminent joint venture with
The other major European bourses closed higher as investors, buoyed by the rise in the
, reverted to the reliable tech and telecom combination. The
in Frankfurt ended up 83.38, or 1.1%, at 7727.93 and the
in Paris finished up 65.36, or 1.1%, at 6256.32.
German stocks looked split pretty much as they had the day before, with technology and telecommunications issues rising and financial stock retreating.
climbed 2.90 euros, or 1.6%, to 187.30 and
closed up 25.60 euros, or 3.0%, 888.60. On the bank side,
ended down 0.57 euros, or 1.5% to 36.96.