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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
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Share Price: 705.50
Bid: 707.20
Ask: 707.30
Change: 0.50 (0.07%)
Spread: 0.10 (0.014%)
Open: 706.50
High: 714.40
Low: 705.00
Prev. Close: 705.00
HSBA Live PriceLast checked at -

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London close: FTSE 100 flat despite gains in banking sector

Fri, 29th Nov 2013 16:35

- Markets flat despite banking strength- Volumes pick up but still on the low-side- German, US markets continue to set new highstechMARK 2,673.94 +0.22%FTSE 100 6,650.57 -0.06%FTSE 250 15,466.56 +0.23%UK markets finished broadly flat on Friday despite trading volumes picking up slightly following a quiet day yesterday, as investors turned cautious before the weekend and month-end.Even though there were some strong gains in the banking sector, the FTSE 100 was 3.9 points lower at 6,650.57 by the close, meaning that index finished down 80.86 (-1.2%) for the month of November.In contrast, the DAX 30 in Germany continued to set new all-time highs today with sentiment being lifted by an unexpected dip in Eurozone unemployment last month. The jobless rate in the single currency region fell to 12.1% in October from a record high of 12.2% US stocks also started strongly today as Wall Street re-opened after Thanksgiving with retail stocks lifting benchmarks to new highs on what is set to be a shortened trading session as Black Friday takes place. Retailers are hoping that customers will be enticed with special deals to mark the start to the holiday shopping season. The Dow Jones Industrial Average and S&P 500 look set to close at fresh records when Wall Street closes at 13:00 Eastern time."This [week] could [...] be seen as the calm before the storm, with a huge amount of data being released next week, including the big daddy itself, the non-farm payrolls figure," said Market Analyst Craig Erlam from Alpari. "This could potentially be the difference between a Fed taper in December or the first quarter of 2014. We also have a few central bank meetings, making next week a massive one for the markets," he said.Banks climb on capital hopesBanking stocks closed mostly higher today after the Prudential Regulation Authority eased capital rules slightly for lenders. The new regulations will allow banks to count a broader range of capital instruments in calculating their capital buffers than had originally been estimated. Meanwhile, analysts at Investec said today that Thursday's changes to the Funding for Lending Scheme by the Bank of England - to focus on business lending rather than mortgages - will lead to an increase in mortgage pricing, "but that's good news for the banks".Barclays was a strong performer today with Investec reportedly saying that concerns over further capital issuance at the bank in 2014 should "all but evaporate". Lloyds and Standard Chartered also finished higher, while HSBC fell into the red.Housebuilders were in the red again for the second day after the government announced yesterday that it would be changing its Funding for Lending Scheme to focus on small businesses, rather than mortgage lending. Persimmon, Taylor Wimpey, Bellway and Barratt Developments were all extending losses.Credit checking group Experian was also trading lower this morning after analysts at Goldman Sachs downgraded their rating on the stock to 'sell' and cut their target price from 1,220p to 985p.Finnish nickel miner Talvivaara Mining's share price rocketed by over 40% after its application for a court-supervised restructuring to avoid bankruptcy was accepted.Speedy Hire plummeted after its Chief Executive resigned following the revelation of a £5m hole in its books.FTSE 100 - RisersBarclays (BARC) 271.70p +2.30%Randgold Resources Ltd. (RRS) 4,346.00p +1.99%Aggreko (AGK) 1,605.00p +1.97%AstraZeneca (AZN) 3,513.50p +1.78%Whitbread (WTB) 3,567.00p +1.36%William Hill (WMH) 385.60p +1.18%easyJet (EZJ) 1,424.00p +0.92%Babcock International Group (BAB) 1,310.00p +0.92%London Stock Exchange Group (LSE) 1,627.00p +0.74%Travis Perkins (TPK) 1,796.00p +0.73%FTSE 100 - FallersExperian (EXPN) 1,127.00p -2.76%Anglo American (AAL) 1,349.00p -1.89%Royal Bank of Scotland Group (RBS) 327.20p -1.71%SSE (SSE) 1,327.00p -1.63%BAE Systems (BA.) 427.40p -1.29%Wolseley (WOS) 3,297.00p -1.20%Resolution Ltd. (RSL) 342.10p -1.18%Vedanta Resources (VED) 885.00p -1.17%Rexam (REX) 499.60p -1.07%Weir Group (WEIR) 2,142.00p -1.06%FTSE 250 - RisersIP Group (IPO) 192.00p +5.49%Computacenter (CCC) 670.00p +4.20%Marston's (MARS) 149.70p +4.18%Euromoney Institutional Investor (ERM) 1,243.00p +4.02%Crest Nicholson Holdings (CRST) 357.00p +3.48%Betfair Group (BET) 1,043.00p +3.27%Carpetright (CPR) 602.00p +3.26%Rentokil Initial (RTO) 106.10p +3.21%Michael Page International (MPI) 475.00p +3.10%UDG Healthcare Public Limited Company (UDG) 313.00p +3.06%FTSE 250 - FallersCranswick (CWK) 1,141.00p -2.89%Enterprise Inns (ETI) 138.00p -2.75%Hochschild Mining (HOC) 142.10p -2.34%Polymetal International (POLY) 533.50p -1.84%Perform Group (PER) 439.00p -1.79%Menzies(John) (MNZS) 777.00p -1.65%Fidessa Group (FDSA) 2,113.00p -1.54%Smith (DS) (SMDS) 305.50p -1.52%NMC Health (NMC) 407.30p -1.50%Big Yellow Group (BYG) 478.80p -1.48%BC
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29 Nov 2023 16:40

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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29 Nov 2023 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.

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29 Nov 2023 11:13

IN BRIEF: Pets At Home starts GBP25 million 2nd half of share buyback

Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share.

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27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

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27 Nov 2023 06:47

UPDATE: HSBC UK says banking services return after Black Friday outage

(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.

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24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

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24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

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22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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

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22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

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22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

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