FTSE swings round to end day up

The FTSE 100 index of leading UK shares swung round to eradicate a near 60 point drop before lunch and and the day up 2.2 points at 5,216.3 points. No particular sector or type of stock led the day, as Scottish Power, Electrocomponents, British Airways, Hayes and 3i were among the leading gainers, but Shire Pharmaceuticals, Northern Rock, Pearson and Logica made up the losers crowd. Although the FTSE recovered from its early losses, there was no sparkle in the turnaround, as losers outnumbered gainers by 55 to 39. The stock weightings within the index did the trick, however, a...