Around the World's Markets: London

FOOTSIE SWUNG from a 55.3-point gain to a 51.4 loss to end at 6,033.6 in a busy day, with turnover topping 1.2 billion shares. Supporting indices suffered single-figure falls.

Profit warnings did much of the damage, with Allied Domecqplunging 81.5p to 516p and pulling Bass down 74.5p to 805p. ICI bucked the trend, gaining 27p to 513.5p on talk of American interest. Dixons, ahead of today's results, jumped 33p to a 914p peak.