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Byline: Geoff Foster
Oct. 14--Rumours that the world's most wanted man, Osama Bin Laden, had been captured in Afghanistan sent an already-firm London market into overdrive.
Up 70- odd points following Wall Street's overnight rise of 188, and unaffected by the European Central Bank's decision to leave interest rates on hold at 3 3/4 percent, the Footsie raced further ahead.
It stood 126.7 higher at best before overexcited buyers heard that Bin Laden was unfortunately still at large. They quickly slammed on the brakes. Profit-taking ensued and the index was soon 16 points down. It closed a volatile session 11.8 up at 5164.9 on mega-turnover of 3.1 billion. …