HBOS continues to slide after saying it wrote down £180m on securities trading this week, and has helped pull the FTSE down 87.7 points, or 1.34%, to 6,472.10.
The mortgage lender has slipped 41p, or 4.92%, to 792p, but is still only the day’s third biggest loser. Rentokil takes top honour, sliding 30.2p, or a huge 20.59%, to 116.5p, after saying it is likely to miss its fourth quarter profits target. Rexam makes up the bottom three. Resistance is being provided by BG Group, up 37p to £11.20, Experian and GlaxoSmithKline. In the US, AT&T, up 2.25p, or 5.7%, to 41.71, 3M Company and Alcoa made up Wednesday’s top winners. However, big names McDonalds, down 2.33% to 61.66, and Boeing, down just over 2% to 86.92, prevented the Dow Jones improv...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes




