Around the World's Markets: London

SHARES SUFFERED another reverse with the blue chip Footsie index down 92.3 points at 6,060.5.

Weakness in overseas markets, particularly New York, were cited as the reasons for the decline. The supporting indices also gave ground.

P&O, the shipping group, was one to steam against the tide, rising 45p to 860.5p. The shares responded to better-than-expected profits and the group's intention to dispose of its non core operations.