focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 695.40
Bid: 695.40
Ask: 695.50
Change: -1.10 (-0.16%)
Spread: 0.10 (0.014%)
Open: 694.00
High: 703.20
Low: 688.40
Prev. Close: 696.50
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Airlines boost Britain's FTSE after Ryanair lifts profit outlook

Mon, 03rd Nov 2014 08:56

* FTSE 100 up 0.1 pct

* easyJet, IAG among top risers

* HSBC falls after latest update

By Alistair Smout

EDINBURGH, Nov 3 (Reuters) - Britain's top share indexreceived strong support from airlines on Monday after Irish peerRyanair lifted its profit forecast, though gains werelimited by weakness in HSBC and miners.

Airline operators easyJet and International AirlineGroup, which owns British Airways, rose 3 percent and1.6 percent respectively after the update from Ryanair.

The FTSE 100 edged up 3.25 points, or 0.1 percent,to 6,549.72 by 0836 GMT, holding its ground after strong gainslast week on the Bank of Japan's unexpected boost of itsmonetary stimulus programme.

The FTSE 350 travel and leisure sector rose 0.8percent, the top sectoral gainer, and is up 13.2 percent sinceOct 16.

The sector hit its lowest level for a year in October, withsentiment knocked by worries over whether the spread of Ebolaand unrest in the Middle East could severely limit travel.

However, Ryanair's figures came a week after IAG increasedit profit guidance, lifting sentiment.

"There's plenty of positive momentum in the airline sector,and it's a solid set of numbers that is being well received bythe market," Atif Latif, director of trading at GuardianStockbrokers, said.

"We have seen sector weakness and volatility over the lastfew weeks led by geopolitical concerns and Ebola headlines ...but we do see a move higher in capacity trends."

Early gains were curtailed after HSBC gave itslatest corporate update at 0815 GMT, shortly after the marketopened.

Europe's biggest bank fell 2 percent, wiping over ninepoints off the index, after reporting a 12 percent fall inunderlying earnings after costs rose.

The Asia-focused bank also set aside $378 million to pay apotential fine from the UK regulator for alleged manipulation ofcurrency markets.

The banking sector dipped 0.5 percent, partlyretracing a 2.9 percent surge on Friday, made after the Bank ofEngland's new regulations for the sector were less strict thanexpected and as investors welcomed new policy action in Japan. (Editing by Andrew Heavens)

More News
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

Read more
8 Jan 2024 09:49

Saudi Arabia plans benchmark-sized three-tranche bond

DUBAI, Jan 8 (Reuters) - Saudi Arabia plans to tap global debt markets on Monday with the sale of a triple-tranche bond with tenors of six, 10 and 30 years, IFR, a capital markets publication, reported.

Read more
8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
8 Jan 2024 07:16

UAE's FAB gives price guidance for its 5-yr sukuk

Jan 8 (Reuters) - The United Arab Emirates' largest lender, First Abu Dhabi Bank, has given price guidance of around 100 basis points over U.S. Treasuries for its dollar-denominated Islamic bonds, according to a document seen by Reuters on Monday.

Read more
8 Jan 2024 07:14

UAE's FAB gives price guidance for its 5-yr sukuk

Jan 8 (Reuters) - The United Arab Emirates' largest lender, First Abu Dhabi Bank, has given price guidance of around 100 basis points over U.S. Treasuries for its dollar-denominated Islamic bonds, according to a document seen by Reuters on Monday.

Read more
1 Jan 2024 16:17

HSBC completes sale of retail banking business in France

Jan 1 (Reuters) - HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to Crédit Commercial de France (CCF), a subsidiary of My Money Group, the British lender said in a statement on Monday.

Read more
1 Jan 2024 11:21

HSBC transfers retail bank in France to private equity firm Cerberus

(Alliance News) - After more than two years, HSBC Holdings PLC transferred on Monday for an undisclosed amount its retail banking network in France to My Money Group, controlled by US private equity fund Cerberus Capital Management LP.

Read more
22 Dec 2023 16:28

Rai Way investors seek update on mooted TV towers tie-up - sources

Tie-up with EI Towers would create national leader

*

Read more
22 Dec 2023 14:58

Rai Way investors seek update on mooted TV towers tie-up - sources

MILAN, Dec 22 (Reuters) - A group of investors holding around 10% of Rai Way's MI> capital has asked for the board of the state-owned Italian TV towers group to provide an update on a long-mooted combination with rival EI Towers to create a national champion, sources said on Friday.

Read more
22 Dec 2023 10:59

South Korea fines two global banks for short-selling rule breaches

SEOUL, Dec 22 (Reuters) - South Korea's financial regulator said on Friday that it would fine two unnamed global investment banks and one local brokerage a record 26.5 billion won ($20.41 million) in total for naked short selling.

Read more
22 Dec 2023 09:01

LONDON MARKET OPEN: Stocks snowed under; UK on brink of recession

(Alliance News) - Stock prices in London opened lower on Friday, with investors not feeling in a festive mood ahead of US inflation data.

Read more
22 Dec 2023 07:50

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

(Alliance News) - Stocks in London are likely to open lower on Friday, with investors feeling frosty ahead of a US inflation print this afternoon, amid sobering UK economic growth data.

Read more
22 Dec 2023 07:02

Canada govt approves $13bn sale of HSBC local unit to RBC

(Sharecast News) - The Canadian government has approved the $13.5bn takeover of HSBC Canada by RBC, allowing the sale to proceed despite calls for it to be blocked over fears of reduced competition in the sector.

Read more
22 Dec 2023 06:32

HSBC eyes special payout as Canada OKs USD10 billion unit sale to RBC

(Alliance News) - HSBC Holdings PLC on Friday said the sale of its business in Canada to Royal Bank of Canada has received approval from the Canadian minister of finance, enabling the deal to proceed.

Read more
22 Dec 2023 01:34

Canada approves RBC's deal for HSBC Canada, with conditions

Dec 21 (Reuters) -

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.