Financial Times FT.com

FTSE turns round on US rally

By Neil Hume and Robert Orr

Published: February 27 2008 08:50 | Last updated: February 27 2008 23:30

Marks and Spencer was in focus on Wednesday amid speculation a that US value investor had been picking up stock.

Shares in the retailer rose 1.8 per cent to 414½p on rumours that Brandes had been adding to its 5 per cent stake.

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