Terrorist threat brings FTSE down despite HBOS bid

The FTSE 100 index fell 3.9 points to 4409 within the first hour of trading while the FTSE All-Share index dropped 0.1% to 2,190 and the FTSE 250 index lost 7.9 points to 6015. Abbey has seen its share price bounce back up 10.5p or 1.9% this morning to 577.5p however, HBOS’ value has dropped 13.5p or 1.9% to 699p after suggesting it would mount a counter-bid to buy Abbey National plc to stop Banco Santander stepping into the UK market. Other stocks suffering the fall are those companies who could be affected by Al-Qaeda terrorist attacks, after the US government reported more attacks ...