GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video 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: 694.60
Bid: 695.20
Ask: 695.40
Change: 2.40 (0.35%)
Spread: 0.20 (0.029%)
Open: 691.40
High: 699.90
Low: 687.30
Prev. Close: 692.20
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 midday: Markets fall on low volumes, Japan data

Mon, 12th Aug 2013 11:52

In spite of a decent start, the FTSE 100 had swung into the red by Monday lunchtime, with analysts citing low volumes and weaker-than-expected economic data from Japan.Asian markets were mixed overnight with Chinese benchmarks performing well on an improved outlook in China, while Tokyo's Nikkei was hit by poor growth figures from Japan where annualised growth came in at 2.6% in the second quarter. This was a significant slowdown from the 3.8% growth seen in the first quarter and well below the 3.6% expansion expected.The data comes as the Japanese government tackles its debt which has risen past 1,000trn yen. In an effort to curb debt, Japan is raising its sales tax rate over the next two years, but this morning's report will likely provide an argument for those seeking to delay the scheduled hikes. Matt Basi, Head of UK Sales Trading at CMC Markets, said that the Japanese figures, "combined with the generally apathetic mood", were weighing on markets across Europe this morning. "Volume across all of the major bourses has all but dried up as we hit the height of the holiday season, and with no significant macro releases scheduled until later in the week, we are likely in for a quiet session," he said.Traders were also reacting to speculation about further stimulus measures from China, including reports of Beijing offering support to certain cities and provinces to buoy growth in local economies. Sentiment surrounding China brightened last week as better-than-expected trade figures, strong industrial production data and subdued inflation pointed to a stabilisation in the world's second-largest economy.FTSE 100: Financials RBS and Prudential in demandRBS was making gains after comments from Business Secretary Vince Cable who said that the sell-off of the government's 81% stake was unlikely for another five years. Part-nationalised peer Lloyds was also higher.Insurer Prudential was also on the up after releasing its first-half results which came out mid-morning. Headline IFRS operating profit came in at £1,415m, up 22% year-on-year and 6.0% ahead of consensus estimates.Precious metals group Fresnillo was also higher this morning, tracking gold and silver prices higher.Tesco and Next were out of favour today after the Labour Party raised concerns over how the companies utilise cheap labour from migrant workers.Outsourcing giant Capita was in the red after Citigroup downgraded its rating on the stock from 'buy' to 'neutral', saying it no longer sees significant re-rating potential after a strong performance since the start of the year.FTSE 250: SVG Capital surges after jump in H1 NAVSVG Capital, the private equity investor, was a high riser today on the FTSE 250 after seeing net asset value jump by 23% in its first half, substantially outperforming its benchmarks, as profits more than doubled.  High Street bookie Ladbrokes was being weighed down by a ratings cut from JPMorgan Cazenove to 'underweight', with the broker highlighting weakness in UK Retail and risks to short-term consensus estimates. While the stock (at 12.2 times 2014 earnings) is trading at a discount to the wider gaming sector (15x), JPMorgan said this "does not fully reflect the risks associated with LAD's turnaround".Facilities, property and energy management firm MITIE Group also fell despite saying it is well placed to achieve "good levels" of organic growth this financial year. In a trading update for the period from April 1st to date, the firm reported a positive start to the year, driven by strong performance in the facilities management division. FTSE 100 - RisersFresnillo (FRES) 1,074.00p +3.77%Prudential (PRU) 1,213.00p +2.45%Resolution Ltd. (RSL) 328.70p +1.36%Royal Bank of Scotland Group (RBS) 329.70p +1.26%G4S (GFS) 237.90p +1.02%Standard Chartered (STAN) 1,599.00p +0.76%HSBC Holdings (HSBA) 715.20p +0.76%Vedanta Resources (VED) 1,251.00p +0.72%AstraZeneca (AZN) 3,257.50p +0.70%GlaxoSmithKline (GSK) 1,672.50p +0.57%FTSE 100 - FallersRolls-Royce Holdings (RR.) 1,156.00p -2.36%International Consolidated Airlines Group SA (CDI) (IAG) 316.10p -2.29%Diageo (DGE) 2,075.50p -1.77%easyJet (EZJ) 1,353.00p -1.74%Croda International (CRDA) 2,494.00p -1.69%Travis Perkins (TPK) 1,642.00p -1.56%Amec (AMEC) 1,073.00p -1.56%London Stock Exchange Group (LSE) 1,589.00p -1.55%Aberdeen Asset Management (ADN) 382.00p -1.52%Rexam (REX) 506.50p -1.36%FTSE 250 - RisersEvraz (EVR) 112.90p +8.04%Centamin (DI) (CEY) 37.05p +6.62%SVG Capital (SVI) 411.50p +5.49%African Barrick Gold (ABG) 135.00p +4.98%Electrocomponents (ECM) 272.70p +3.61%Catlin Group Ltd. (CGL) 502.50p +2.55%Mitchells & Butlers (MAB) 428.90p +2.07%Fidelity China Special Situations (FCSS) 95.60p +2.03%Polymetal International (POLY) 730.50p +1.95%Interserve (IRV) 544.00p +1.87%FTSE 250 - FallersHochschild Mining (HOC) 221.80p -7.27%Man Group (EMG) 88.90p -3.84%Ladbrokes (LAD) 193.10p -3.01%Mitie Group (MTO) 267.70p -2.97%Dialight (DIA) 1,217.00p -2.64%Enterprise Inns (ETI) 145.20p -2.42%Henderson Group (HGG) 171.60p -2.39%Capital & Counties Properties (CAPC) 343.20p -1.97%Perform Group (PER) 533.00p -1.84%Home Retail Group (HOME) 152.70p -1.74%BC
More News
1 Aug 2023 17:17

European shares start August on sour note as global factory activity falters

STOXX 600 ends down 0.9%

*

Read more
1 Aug 2023 16:56

LONDON MARKET CLOSE: Lacklustre session on manufacturing PMI weakness

(Alliance News) - Blue-chip European equities ended lower on Tuesday, with weaker manufacturing data weighing on stock markets, while the dollar was on the up, benefitting from the cautious mood.

Read more
1 Aug 2023 15:52

Gloomy data makes investors more cautious on global economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 14:50

Gloomy data tempers optimism on global economy

Wall Street stocks mixed

*

Read more
1 Aug 2023 11:56

Stocks, oil slide as gloomy data tempers optimism on economy

Euro STOXX down 0.6% after July gain of 2%

*

Read more
1 Aug 2023 09:08

Stocks, oil resilient amid cautious optimism on economy

Euro STOXX down 0.2% after July gain of 2%

*

Read more
1 Aug 2023 07:50

LONDON BRIEFING: Stocks called down; BP launches share buyback

(Alliance News) - Stocks in London are set to open marginally lower on Tuesday, amid of a slew of economic data across the globe.

Read more
1 Aug 2023 07:46

HSBC boosted by rising interest rates as H1 profits grow

(Sharecast News) - HSBC posted a rise in first-half profits on Tuesday as it benefited from rising interest rates, and announced a share buyback of up to $2bn.

Read more
1 Aug 2023 06:13

TOP NEWS: HSBC announces buyback as profit rockets to USD21.7 billion

(Alliance News) - HSBC PLC on Tuesday reported "broad-based profit generation" across its global operations in the first half, revising its annual guidance upwards slightly and announcing another quarterly dividend and share buyback.

Read more
31 Jul 2023 13:22

Bumper earnings will broaden a narrow tech-led stocks rally, analysts say

July 31 (Reuters) - A handful of technology firms and last year’s laggards have so far driven the heady rise in U.S. and global stock markets this year, but bumper earnings surprises could now lift more sectors and stocks and broaden the rally, analysts say.

Read more
31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Read more
28 Jul 2023 10:49

BPEA EQT completes $6.5 bln merger of Vistra and Tricor

Combined business has over 9,000 staff

*

Read more
28 Jul 2023 07:42

Take Five: Big or bigger?

July 28 (Reuters) - The Bank of England is the last of the big central banks to meet before the summer break gets truly under way, but euro zone data, U.S. jobs numbers and rumblings in the China property sector will keep markets busy as the earnings season winds down.

Read more
27 Jul 2023 06:00

Banks to fuel boom in UK Plc regular dividend payouts

MILAN, July 27 (Reuters) - A recovery in bank payouts is set to lift UK regular dividends by 6.1% to 88.9 billion pounds ($114.8 billion) in 2023 and make HSBC the biggest payer for the first time since 2008.

Read more
27 Jul 2023 06:00

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

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.