Around the World's Markets: London

Tuesday 23 March 1999 00:02 GMT

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BLUE CHIPS turned in another lacklustre display with Footsie, at one time up 36.9 points, ending 10.4 down at 6,152.8. Proposed dividend payments accounted for about half the fall.

Much of the day's action occurred on the market undercard with the small cap index gaining 12.4 to 2,399.1 following a further outbreak of takeover action. Dixons, the electrical retailer, was again one of the day's top performers.

Derek Pain, page 21

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