Around the World's Markets: London

FOOTSIE SUFFERED one of its biggest one-day falls since the 1987 crash, slumping 174.7 points to 5,136.6 as the market expressed alarm over New York's slide and the possible impeachment of President Clinton. The no-change bank rate decision also hit sentiment.

Supporting shares gave ground. Centrica led blue chips with a 9.25p gain to 108p but the star performer was Arsenal on the fringe Ofex market. The possibility of a bid lifted each of the football club's shares pounds 1,100 to pounds 4,000.

Derek Pain, page 21