Our results for the combined sample of French, German, and UK indices reveal that, overall, both blue-chip
and mid-cap indices exhibit high levels of internationalization.
* Because of the rarity of blue-chip
fine art, interest and demand will remain, especially with dealers, private and corporate collectors, private and public institutions, and museums.
Interand's clients were major blue-chip
companies, such as Texaco and EDS.
The biggest support to the blue-chip
index came from miners, which have substantial exposure to China - the world's top metals consumer.
firms, which report in US dollars or euros, can struggle on the FTSE 100 Index when the pound rises because their earnings suffer from a less favourable currency translation.
Summary: DOHA - Qatar's sovereign wealth fund lifted its stake in miner Xstrata, which is merging with commodities trader Glencore, to over 10 per cent, forging ahead with its recent spate of share-buying in European blue-chip
THE London market jumped 5% today as blue-chip
stocks bounced back from Friday's losses on hopes of further Government aid to ailing global economies.
The London market eventually closed 147.9 points down at 5518.2 - the lowest since March - wiping pounds 35bn from blue-chip
The Dow Jones Industrial Average of 30 blue-chip
issues was down 88.37 points, or 0.70 percent, from Friday to 12,477.16, ending lower for a fourth trading day in a row.
The company, which used to be part of Argos group GUS, was one of the top blue-chip
risers, as the Footsie seemed unable to find its feet for the third session in a row.
The day's biggest blue-chip
risers were M&S up 41.5p to 698p, Capita up 20p to 547.5p, ICAP up 15.25p to 528p and Sage up 6.25p to 243p.