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Around the World's Markets: London

WORRIES ABOUT today's interest rate decision killed off stock market exuberance. In early trading Footsie was up 95.5 points but by the close it was off 25.1 at 4,828.9. Trading was again heavy with a share turnover of more than 1.1 billion.

Imperial Chemical Industries, reflecting sterling's weakness and an upbeat New York speech by its chief executive, was the best performing Footsie constituent with a 50p gain to 522p. Water shares were hit by cautious comments from a securities house. Derek Pain, page 25