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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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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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23 Apr 2024 07:59

Citi remains 'overweight' UK banks; HSBC and Barclays 'top picks'

(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.

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22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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19 Apr 2024 09:18

Venture Life renews revolving credit facility with Santander and HSBC

(Alliance News) - Venture Life Group PLC on Friday said it had renewed its revolving credit facility with Santander UK PLC and HSBC Innovation Bank Ltd.

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18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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17 Apr 2024 16:42

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects.

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17 Apr 2024 11:49

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects.

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16 Apr 2024 17:09

Europe's STOXX 600 slides in broader market decline on geopolitical jitters

ECB policymakers stick with June rate cut plan

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11 Apr 2024 10:06

Blackstone, CVC consider bids for Superstruct festivals firm, sources say

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9 Apr 2024 22:39

Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

BUENOS AIRES, April 9 (Reuters) - Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation.

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9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

NEW YORK, April 8 (Reuters) - West Virginia has added Citi, HSBC and two other financial firms to a list of institutions that may be barred from some state business due to their energy finance policies, prompting three of them to assert their commitment to that industry.

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9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

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TOP NEWS: HSBC to take USD1 billion loss on sale of Argentina business

(Alliance News) - HSBC Holdings PLC on Tuesday said it will sell its business in Argentina to Grupo Financiero Galicia SA, which it called the largest private financial group in the South American country.

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LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

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HSBC takes $1 bln hit from Argentina sale as Asia pivot continues

Grupo Financiero Galicia to buy the business for $550 mln

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