FTSE investors go shopping at M&S

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Retail therapy was the order of the day on the FTSE 100 index by the end of Tuesday, superseding the strong gains felt earlier for commodity and oil stocks along with losses at Yell.

The FTSE 100 index closed the day up 19.5 points or 0.31% to 6,244, led by Marks & Spencer which leapt 41.5p or 6.32% to 698p after reporting strongly improved sales thanks to its new clothing range and advertising campaign. IT provider Capita also ose 20p or 3.79% to 547.5p while credit and information services firm Experian gained 14p or 2.43% to 591p. Earlier, though, commodity and oil stocks had seen most activity as the oil price held its ground above $60 a barrel. Rio Tinto, BHP Billiton and AngloAmerican which saw strong improvements in its share prices but then fell back to clos...

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