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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: Stocks rise ahead of FOMC minutes as Aberdeen surges

Mon, 18th Nov 2013 16:23

- Aberdeen leads financials higher after SWIP purchase- Petrofac plummets on cautious outlook- Fed speculation ramps up ahead of FOMC minutestechMARK 2,653.19 +0.15%FTSE 100 6,723.46 +0.45%FTSE 250 15,290.48 +0.29%UK markets posted decent gains on Monday with the financial sectors providing a lift after a strong surge by Aberdeen, which helped to offset a record decline by oilfield services group Petrofac. "After an initially slow start European markets finally threw off some of their caution and pushed higher, playing catch up with Friday's US move [...] helped in no small part by a solid performance from financial stocks," said Chief Market Strategist Michael Hewson from CMC Markets.The FTSE 100 finished up 30.02 points at 6,723.46, a rise of 0.45% on the day.With the economic data calendar looking pretty light over the next two days, investors are likely to turn most of their attention to the minutes of October's Federal Open Market Committee (FOMC) meeting due to be released on Wednesday.Although few are still expecting the Fed to begin scaling back its asset purchase programme this year - especially after Fed Chair nominee Janet Yellen's dovish comments last week - markets are still on the lookout for hints of a potential 'taper' timeframe.Markets in the States were extending recent gains after the opening bell on Wall Street with the Dow Jones Industrial Average and S&P 500 surpassing their milestone intraday levels of 16,000 and 1,800 for the first time, respectively. A strong performance on the Hang Seng index in Hong Kong overnight was also helping market sentiment today as investors enthusiastically welcomed a sweeping package of Chinese economic reforms. Beijing outlined the biggest restructuring of its economy in decades, saying that the government would open the financial sector and relax investment restrictions. Aberdeen boosts financials; Petrofac plungesAberdeen surged nearly 15% today after saying that it would acquire Scottish Widows Investment Partnership Group from Lloyds. The company also reported annual pre-tax profit jumped 39% on net revenue up 24%, as it raised its full-year dividend by 39% to 16p per share. Lloyds was also higher following its disposal, along with banking peers Standard Chartered, RBS, Barclays and HSBC.Heading the other way was Petrofac which registered its worst daily loss in history (-16.6%) after saying that net income in 2014 would show "flat to modest growth year-on-year". The company also said that targets for 2015 were dependent on the timing of certain contracts. Outsourcing group Capita was in the red after announcing that Chief Executive Officer (CEO) Paul Pindar has called it quits after 26 years with the firm. Severn Trent was also lower after saying that CEO Tony Wray would retire next year and be replaced by the current head of BT's Openreach operations.Vedanta was also higher, rebounding after some heavy falls following its first-half report released the previous session. Credit Suisse cut its target price for the shares this morning but kept an 'outperform' rating, saying that it remains an "attractive structural story".The share price of AVEVA was sharply lower despite a broadly in-line set of first-half results with revenues up 11% and profits up 6%. Panmure Gordon maintained its 'hold' rating for the engineering software firm, saying that the shares are still too expensive which "is likely to make any new buying muted".FTSE 100 - RisersAberdeen Asset Management (ADN) 489.70p +14.74%Vedanta Resources (VED) 988.50p +3.45%Standard Chartered (STAN) 1,482.00p +1.79%ARM Holdings (ARM) 959.50p +1.64%GKN (GKN) 372.80p +1.39%Vodafone Group (VOD) 234.35p +1.30%Coca-Cola HBC AG (CDI) (CCH) 1,782.00p +1.25%Burberry Group (BRBY) 1,495.00p +1.22%Babcock International Group (BAB) 1,331.00p +1.22%Johnson Matthey (JMAT) 3,049.00p +1.19%FTSE 100 - FallersPetrofac Ltd. (PFC) 1,200.00p -16.61%Fresnillo (FRES) 915.50p -2.76%Randgold Resources Ltd. (RRS) 4,532.00p -1.18%CRH (CRH) 1,574.00p -1.07%Carnival (CCL) 2,251.00p -0.92%Sage Group (SGE) 345.70p -0.86%Admiral Group (ADM) 1,273.00p -0.86%Land Securities Group (LAND) 969.50p -0.82%Pearson (PSON) 1,328.00p -0.75%SSE (SSE) 1,389.00p -0.71%FTSE 250 - RisersImagination Technologies Group (IMG) 255.80p +6.54%Synthomer (SYNT) 236.50p +4.79%Ocado Group (OCDO) 439.80p +2.90%esure Group (ESUR) 233.10p +2.69%Bank of Georgia Holdings (BGEO) 2,158.00p +2.66%Barratt Developments (BDEV) 320.80p +2.43%Electra Private Equity (ELTA) 2,321.00p +2.25%Catlin Group Ltd. (CGL) 528.50p +2.22%BTG (BTG) 443.10p +2.21%Fidelity China Special Situations (FCSS) 105.60p +2.13%FTSE 250 - FallersAveva Group (AVV) 2,365.00p -7.83%Essar Energy (ESSR) 100.00p -5.12%Homeserve (HSV) 244.10p -3.10%Devro (DVO) 305.60p -2.98%Fisher (James) & Sons (FSJ) 1,078.00p -2.80%Spirent Communications (SPT) 107.90p -2.79%Partnership Assurance Group (PA.) 316.50p -2.62%Centamin (DI) (CEY) 50.40p -2.51%Perform Group (PER) 425.00p -2.46%Lonmin (LMI) 332.30p -2.38%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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