LONDON -- The FTSE 100 was up 67.8 points at 6,395.2 and the Techmark, mirroring the Nasdaq's rise overnight, displayed a gain of 131.8 points at 3, 804.8. However, market makers said the market is, barring a big move by Wall Street, unlikely to go far in any direction until the Bank of England makes its interest-rate decision on Thursday.
In tech stocks,
featured with a gain of 482p at
33.20 ($52.46) and
climbed 462p to
advanced 362p to
Geo Interactive Media
was up 100p at
began the session with a 40p fall, but has since rallied strongly to stand 39p higher on balance at
moved up 66p to
rose 25p to
was the outstanding riser in the telecommunications sector, the shares displaying a 150p gain at
edged forward 25p to
was 2p dearer at 297.
Outside of these three sectors, it was left to special situations to provide the excitement.
Sun Life & Provincial
jumped 33p to 489 as France's
unveiled the terms of its offer for the 44% of the company that it does not already own. Minority shareholders are being offered 500p per share cash and Sun Life shareholders will also receive a special dividend of 5p per share.
, the computer systems group, responded to a very positive trading update with a gain of 51p to 376. The company says that profit for the year to March 31 is expected to exceed market estimates by a substantial margin. And
jumped 35p to 480 as the company announced promising progress toward the development of an HIV DNA vaccine.
Europe's other bourses were also broadly higher after coming back from the three-day weekend. The
in Frankfurt was up 88.82 at 7477.26 and the
in Paris was 83.64 higher at 6503.36. Frankfurt's technology segment the Neuer Markt's Nemax index was up 249.41 at 6572.18.
Gains for German technology stocks were led by
, which rose 3.40 euros to 166.40 ($152.35) after announcing a share buyback.
gained 24.00 euros to 673.00 and
was up 2.99 euros at 157.99.
was up 2.50 euros at 43.50.
rose 2.08 euros to 73.47 and
was 5.30 euros higher at 175.50.
was up 1.79 euros at 26.27, after announcing it was in merger talks with Dutch telco
was one of the day's biggest blue-chip losers, falling 1.19 euros to 44.64.