Around the World's Markets: London

Wednesday 26 August 1998 23:02 BST

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ANOTHER disastrous day for the Russian rouble and weak Far Eastern markets halted the stock market rally.

Footsie slumped 109 points to 5,545.4 with only 11 constituents managing to move ahead. The mid cap index fell back to its February level and the small cap collapsed to another year's low. But trading was not heavy. Smiths Industries, a beneficiary of the British Aerospace/Airbus Industrie deal, rose 22p to 675p.

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