Around the World's Markets: London

FOOTSIE, encouraged by more evidence of corporate activity, jumped 113.7 points to 6,252.9. Supporting shares were firm but most of the action was directed at blue chips. Hopes of lower interest rates and a strong New York display also helped sentiment.

Imperial Chemical Industries, on hopes of a pounds 2bn disposal, led the blue- chip charge with a 34p gain to 561p. BP Amoco, talking mergers with Atlantic Richfield, gushed 40p to a 1,077p peak.

Derek Pain, page 17