Around the World's Markets: London

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The Independent Online
BLUE CHIPS brushed aside the latest outbreak of hostilities in the Gulf as well as President Clinton's impeachment worries, and Footsie closed near its best level of the day - up 54.8 points at 5,685.2 in brisk trading. Supporting shares made more modest headway.

Rolls-Royce was one of the best performers, climbing 12.75p to 244p on talk that it could barge into the signalled reshaping of the European defence industry.

Derek Pain, page 23

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