ROUNDUP: TMT stocks in London on Tuesday

Leading the risers was the FTSE 100 with an 82.4 point increase to 5,529.1; the techMARK made a 22 point gain to 1,573.6; while AIM closed with a small 2.3 point loss at 1,041.2.

Bookham Technology posted an 8.1% gain to 166.5p and calmed some nerves following on the release of their interim results today which were in-line with expectations. None of the day's other TMT companies reporting results, however, followed Bookham's lead. Online estate agency Property Internet stayed put on 6.75p after the company said that it is still in talks number of potential partners to help the company through to profitability. Property Internet also warned, however, that if there is no significant progress in these talks, it will close its 08004homes subsidiary on 30 September.

Also looking for a merger partner is AIM-listed internet business directory, Threew.net whose shares remained on 3p. The company also announced a capital reorganisation to facilitate any opportunities that may arise. Offshore Telecom the AIM-listed ISP and telecoms provider to the global leisure marine market showed no movement, staying firm at 1.5p, with results stating that he company “is excellently placed to benefit from the anticipated growth in this market”."

AIM-listed Media Square, a company set up to build an e-business solution group through acquisition, lost 6.7% to close at 27.5p with figures showing an increase in losses to 145,235. Also falling was computer solutions provider Kalamazoo computer Group whose shares began trading again following yesterday's suspension caused by the late release of year-end results. When released today they revealed an 18% fall in turnover with ‘disappointing' results due to market conditions. Shares lost 11.5% to close on 11.5p.

AIM-listed games developer Warthog added 1.5% to 32.5p after announcing a contract to provide games for Nintendo's Game Cube console.

LSE-listed e-business Solution Provider Electronic Data Processing posted a 1.1% gain to 45p after announcing the appointment of three new directors in order to strengthen the management team.

InTechnology the AIM-listed data storage specialist made gained 4% to 220p following the release of an AGM statement saying that group turnover for the first quarter of the year was up 8%.

Imagination Technologies slipped 3% to 80.5p following broker UBS Warburg's cutting of its price target from 180p to 95p. Broker JP Morgan restarted its coverage of LSE-listed IT and business services company Logica with a ‘buy' recommendation and a price target of 778p. Shares clawed back early losses to make a 2.3% gain to 689p.