M&S shares in red despite sales hike

The FTSE 100 Index bounced back past the 6000 mark today, but Marks & Spencer shares slumped into the red despite news of a Christmas sales hike.

M&S shares in red despite sales hike
Tue, 11 Jan, 2011 - 17:16

The FTSE 100 Index bounced back past the 6000 mark today, but Marks & Spencer shares slumped into the red despite news of a Christmas sales hike.

Strong gains for banking stocks after some upbeat broker comment helped the Footsie rise 1%, closing 57.7 points higher at 6014.

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CourtsBusinessHeathrowPlace: USPlace: UKPlace: CambridgePlace: AmericaPlace: Manchester’s Trafford CentreEvent: ChristmasOrganisation: M&SOrganisation: Marks & SpencerOrganisation: FootsieOrganisation: PortugalOrganisation: AlcoaOrganisation: CitigroupOrganisation: HSBCOrganisation: Societe GeneraleOrganisation: BarclaysOrganisation: Arm HoldingsOrganisation: MicrosoftOrganisation: WolseleyOrganisation: Deutsche BankOrganisation: Capital Shopping CentresOrganisation: Simon Property GroupOrganisation: CapitalOrganisation: Smith & NephewOrganisation: Johnson & JohnsonOrganisation: Cairn EnergyOrganisation: National Grid
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