Gains for steel and M&S leave FTSE up

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The FTSE 100 made a minor gain at the end of the week to hold its position over 5000, thanks to a ratings boost for Marks & Spencer.

The FTSE 100 made a minor gain at the end of the week to hold its position over 5000, thanks to a ratings boost for Marks & Spencer. The UK’s benchmark index earned just 5 points to 5005 by close of business in London, but it was enough to show some of the larger firms enjoyed positive gains for potential business in 2005. Marks & Spencer rose 7.5p or 2.07% to 369.75p after Lehman Brothers suggested investors should buy the high street retailers shares. Steel maker Corus also received a nice boost as CSFB suggested Chinese demand for steel will continue. Corus closed up 2.75p or 4....

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