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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: 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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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.

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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.

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22 Dec 2023 01:34

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

Dec 21 (Reuters) -

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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14 Dec 2023 15:47

UK dividends calendar - next 7 days

Friday 15 December 
Airtel Africa PLCdividend payment date
Asia Dragon Trust PLCdividend payment date
Craneware PLCdividend payment date
Games Workshop Group PLCex-dividend payment date
Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
Hargreaves Lansdown PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
J Sainsbury PLCdividend payment date
James Halstead PLCdividend payment date
Kainos Group PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Pershing Square Holdings Ltddividend payment date
Scottish American Investment Co PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
ScS Group PLCdividend payment date
Telecom Plus PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Wincanton PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 December 
Atrato Onsite Energy PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Tuesday 19 December 
BP PLCdividend payment date
Softcat PLCdividend payment date
Volution Group PLCdividend payment date
Wednesday 20 December 
abrdn Asia Focus PLCdividend payment date
abrdn Asia Focus PLCspecial dividend payment date
Baillie Gifford Japan Trust PLCdividend payment date
Blackrock Greater Europe Investment Trust PLCdividend payment date
London Finance & Investment Group PLCdividend payment date
Schroder BSC Social Impact Trust PLCdividend payment date
Shell PLCdividend payment date
Thursday 21 December 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Financial Markets Consulting PLCdividend payment date
British & American Investment Trust PLCdividend payment date
British American Tobacco PLCex-dividend payment date
Britvic PLCex-dividend payment date
CML Microsystems PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Dunedin Enterprise Investment Trust PLCex-dividend payment date
Halma PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IntegraFin Holdings PLCex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
J Smart & Co (Contractors) PLCex-dividend payment date
JPMorgan Japanese Investment Trust PLCex-dividend payment date
JPMorgan Multi-Asset Growth & Income PLCex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Montanaro European Smaller Companies Trust PLCex-dividend payment date
Pharos Energy PLCex-dividend payment date
STS Global Income & Growth Trust PLCex-dividend payment date
Topps Tiles PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 16:26

US sanctions proposed buyer of HSBC's Russian business

Dec 12 (Reuters) - The U.S. on Tuesday imposed sanctions on Russia's Expobank, the proposed buyer of HSBC's local unit, a move that could complicate the British lender's long-awaited departure from Russia.

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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11 Dec 2023 11:00

TC Energy's Coastal GasLink seeks C$1.2 billion from pipeline contractor over delays

WINNIPEG, Manitoba, Dec 11 (Reuters) - Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking C$1.2 billion ($737 million) from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it, court documents showed ahead of a hearing this month.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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29 Nov 2023 16:55

LONDON MARKET CLOSE: Cooler German CPI boosts DAX but FTSE 100 falls

(Alliance News) - The FTSE 100 closed lower on Wednesday, despite a bullish session for European peers, as the blue-chip index's China-exposed stocks and natural resources sector struggled.

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