Wall Street uplifts FTSE

UK markets were boosted by a positive start on Wall Street. The index closed 52.5 points higher to 5,166. Among the gainers, Sainsbury added 11p to 376p after it posted a higher sales growth than Tesco for the three weeks ended to 31 December 2001. ARM Holdings were up 8p to 344p after Goldman Sachs said that the comany should grow even if environment worsens. Compass group was 16p higher to 507p following an upgrade by Goldman Sachs. Marconi dropped 4p to34.5p after announcing that it is axing 4,000 jobs. While Woolworths shed 5.5p to 37.25p after it reported that profits...