Footise looks for direction but closes on high note

THE London market struggled for direction yesterday as a volatile week drew to a close with the FTSE 100 Index at its highest level for more than a month.

Blue-chip shares had looked set to build on yesterday’s 156-point rise but went into a reverse before settling up just 2.5 points at 4330.

However, investors looking for signs of better times will at least be encouraged the market managed an eight-point improvement on the week.