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: 701.70
Bid: 688.00
Ask: 713.60
Change: 0.00 (0.00%)
Spread: 25.60 (3.721%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 701.70
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: HSBC dampens sentiment as investors wait on Greek news

Mon, 23rd Feb 2015 16:30

A plunge in the share price of HSBC, falling commodity stocks and a lack of news regarding Greece ensured that UK equity markets remained in the red on Monday, with investors cautious with shares near all-time highs.HSBC dropped nearly 5% after the global lender missed forecasts with a sharp drop in profits for 2014, while stocks in the mining and oil sectors were tracking commodity prices lower.The FTSE 100 finished 0.04% lower at 6,912.16, pulling back swiftly after reaching a high of 6,943.61 following the HSBC results announcement shortly after the open. The index briefly surpassed its all-time closing high of 6,930.20 reached in December 1999, but failed to exceed the intraday record of 6,950.60."It was yet another sleepy Monday for the markets, as a slow news day left investors struggling to find a reason to buy," said analyst Connor Campbell from Spreadex."The FTSE spent its day largely being crippled by the triple threat of falling oil stocks, a struggling mining sector and the HSBC dilemma."Investors spent most of the day waiting on an announcement from Athens. Greece was expected to submit details on its reform and budgetary measures it plans to take as part of its four-month bailout extension agreed on Friday with Eurogroup leaders."We expect it to be approved but probably not until after market close in Europe. If the programme is not approved, there will be an extraordinary Eurogroup finance minister meeting tomorrow," said analysts at Danske Bank.HSBC and commodity stocks weigh on marketsHSBC reported a 17% drop in pre-tax annual profit to $18.68bn for 2014, compared with the $21.5bn consensus forecast, after being hit by fines for its involvement in the foreign exchange-rigging scandal.Chairman Douglas Flint said recent revelations about its Swiss arm offering tax evasion advice have brought "shame" on the bank. Meanwhile, chief executive Stuart Gulliver was forced to fend off accusations by The Guardian that he himself had sheltered millions of pounds of his own money in a Swiss account.Other banking stocks were mixed, with emerging markets-focused peer Standard Chartered falling sharply, but RBS, Barclays and Lloyds edging higher. Lloyds advanced after the UK government reduced its stake in the lender to below 24% with the sale of £500m worth of shares.Miners such as Anglo American, Rio Tinto, Antofagasta, Fresnillo, BHP Billiton and Randgold Resources were registering heavy losses by the close. Chilean copper miner Antofagasta fell despite trimming its cash cost guidance for 2015, while Rio Tinto was dampened by a downgrade to 'neutral' by UBS.Primark owner and food ingredients group Associated British Foods rose after saying that underlying trading in the first half has been in line with expectations. While profits for the full year are forecast to fall, first-half adjusted earnings should be flat, it said.Distribution group Bunzl impressed with its its full-year results, revealing a 3% increase in pre-tax profit and a 10% hike in the dividend. Market MoverstechMARK 3,157.86 +0.65%FTSE 100 6,912.16 -0.04%FTSE 250 17,167.98 +0.27%FTSE 100 - RisersG4S (GFS) 293.20p +3.28%easyJet (EZJ) 1,798.00p +2.63%Shire Plc (SHP) 5,190.00p +2.47%Admiral Group (ADM) 1,496.00p +2.26%International Consolidated Airlines Group SA (CDI) (IAG) 562.00p +2.00%British American Tobacco (BATS) 3,727.50p +1.96%London Stock Exchange Group (LSE) 2,506.00p +1.83%Schroders (SDR) 3,074.00p +1.75%SABMiller (SAB) 3,660.00p +1.68%3i Group (III) 490.00p +1.62%FTSE 100 - FallersStandard Chartered (STAN) 928.10p -4.66%HSBC Holdings (HSBA) 577.20p -4.63%Anglo American (AAL) 1,198.00p -3.89%Tullow Oil (TLW) 392.10p -3.73%Intertek Group (ITRK) 2,461.00p -3.38%Fresnillo (FRES) 802.50p -2.96%Antofagasta (ANTO) 732.50p -2.79%Rio Tinto (RIO) 3,150.50p -2.69%BHP Billiton (BLT) 1,547.00p -2.15%Randgold Resources Ltd. (RRS) 4,921.00p -1.87%FTSE 250 - RisersSmith (DS) (SMDS) 360.30p +3.77%UDG Healthcare Public Limited Company (UDG) 455.60p +3.24%Bank of Georgia Holdings (BGEO) 1,960.00p +3.16%Pace (PIC) 335.50p +2.91%Dechra Pharmaceuticals (DPH) 935.00p +2.86%Essentra (ESNT) 990.00p +2.80%Marston's (MARS) 153.40p +2.75%Barr (A.G.) (BAG) 684.00p +2.70%Galliford Try (GFRD) 1,495.00p +2.68%Grainger (GRI) 211.50p +2.52%FTSE 250 - FallersPolymetal International (POLY) 562.50p -5.78%Acacia Mining (ACA) 268.00p -5.30%AL Noor Hospitals Group (ANH) 948.00p -5.20%Ophir Energy (OPHR) 135.90p -5.16%Ladbrokes (LAD) 115.70p -5.16%Premier Oil (PMO) 168.50p -4.96%Hunting (HTG) 466.50p -4.05%Vedanta Resources (VED) 574.00p -4.01%Petrofac Ltd. (PFC) 793.50p -3.41%Cairn Energy (CNE) 201.00p -3.18%
More News
14 May 2024 16:11

Kazakhstan opens thorny debate on 2025 OPEC+ oil quotas

LONDON, May 14 (Reuters) - Kazakhstan opened on Tuesday a thorny debate on OPEC+ production levels, saying it believed it should be allowed to pump more oil in 2025, when all current output cuts by the producer group are due to expire.

Read more
14 May 2024 06:27

UK ministers, companies visit Saudi Arabia to boost trade ties

(Alliance News) - UK Cabinet ministers are visiting Saudi Arabia in a bid to bolster trade links with the kingdom amid reports that Riyadh authorised the use of lethal force to clear land for a new desert city.

Read more
9 May 2024 17:33

London's FTSE 100 hits record for fourth session after BoE signals rate cuts

FTSE 100 up 0.3%, FTSE 250 adds 0.2%

*

Read more
9 May 2024 17:06

STOXX 600 ends at record high; BBVA weighs on Spain

Mercedes-Benz, HSBC, Allianz trade ex-dividend

*

Read more
9 May 2024 15:21

London close: Stocks manage gains as BoE holds rates

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

Read more
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

Read more
8 May 2024 12:30

Abu Dhabi's Aldar sell $500 mln in 10-year green sukuk

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties Has launched $500 million in 10-year green sukuk, an arranging bank document revealed on Wednesday.

Read more
8 May 2024 07:41

Al Rajhi Bank plans to issue 5.5-year sustainable sukuk, document says

May 8 (Reuters) - Al Rajhi Bank, world's largest Islamic bank in assets and market capitalisation, is planning to sell 5.5-year sustainable Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

Read more
8 May 2024 07:18

Aldar Properties starts selling 10-year green sukuk, document says

May 8 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has started selling 10-year green Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.

Read more
7 May 2024 11:30

JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say

HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities.

Read more
7 May 2024 08:30

Abu Dhabi developer Aldar picks banks for 10-year green sukuk

May 7 (Reuters) - Abu Dhabi's largest real estate developer Aldar Properties has hired banks for its 10-year green sukuk offering, an arranging bank document showed on Tuesday.

Read more
4 May 2024 23:51

Ping An votes against reappointment of HSBC CEO as director, source says

May 4 (Reuters) - China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move.

Read more
4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
3 May 2024 06:30

HSBC facing shareholder pressure over green finance ahead of AGM

(Alliance News) - HSBC Holdings PLC is facing pressure from shareholders over green finance ahead of its annual general meeting.

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.