Around the World's Markets: London

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FOOTSIE gained 48.3 points to 5,038.4p and the supporting indices ended higher. But long-time Footsie constituent Imperial Chemical Industries helped pull the index from its best level after revealing a planned US disposal had fallen through. The shares lost 50p to 474p in busy trading.

Figures towards the top end of expectations lifted aerospace group Smiths Industries 81.5p to 781.5p with British Aerospace, 28.5p to 425p, and Rolls-Royce, 14p to 219p, caught in the slipstream.

Derek Pain, page 23