FTSE down despite afternoon optimism

The FTSE 100 index ended the day down 11.30 points at 3,567.40 after starting a recovery from its 68 points deficit hit this morning. Several pieces of positive news filtered over from the US after markets opened there this afternoon, with Boeing signing a massive order with low cost airline Ryanair, Walt Disney reporting better than expected earnings, and surveys showing industrial output gaining in the Mid-West region. In London, Alliance Unichem dropped 27p to 389p after the Office of Fair Trading urged the government to disband current rules restricting pharmacy licences –...