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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 midday: Miners buoy Footsie ahead of US jobs data

Fri, 03rd May 2013 11:43

Strength in the mining sector kept the FTSE 100 in positive territory on Friday morning, though the index was rangebound ahead of the all-important US jobs report due out this afternoon.A surprise drop in American jobless claims yesterday pushed the S&P 500 to a new all-time high last night as markets headed into today's all-important US employment report with optimism. Consensus forecasts are for a 140,000 rise in non-farm payrolls in April, following a measly 88,000 gain the month before. The jobless rate is expected to remain at 7.6%.As March's figure came in well below the initial estimate for a 200,000 increase in March, forecasts for April have been scaled back somewhat, especially given the worse-than-expected gain (+119,000) in the unofficial ADP jobs report on Wednesday."Yesterday, investors were gifted with better-than-expected weekly jobless claims. However, since US policy officials have already said that their stimulus measures could stop if there are signs of an improving labour market, then a good payrolls figure from the US may not actually incite investors to dive back into equities amidst fears of policy officials removing stimulus measures," said Financial Trader Shavaz Dhalla from Spreadex.Meanwhile, investors were still digesting what has been a busy week for financial markets with monetary policy decisions from the Federal Reserve (Fed) and European Central Bank (ECB) taking place as well as a barrage of economic indicators. While the Fed maintained policy on Wednesday, leaving its quantitative easing programme unchanged, the ECB yesterday cut its benchmark interest rate by 25 basis points to 0.5% as expected. Helping to support stocks this morning was the UK services purchasing managers' index which rose unexpectedly from 52.4 to 52.9. Analysts were expecting a flat reading.FTSE 100: ENRC leads miners higher; RBS dropsMining stocks were making decent gains this morning as metals prices improved. ENRC was the standout performer, up over 6.0%, followed closely behind by newly merged commodities trader and mining giant Glencore Xstrata on its first day of trading. EVRAZ, Antofagasta, Rio Tinto and BHP Billiton were also in demand.Heading the other way was RBS after its first-quarter results. 'Clean' profit before tax, which excludes one-off costs, came in at £829m in the three months to the end of March, up from £553m recorded in the fourth quarter but well below the consensus estimate of £1,200m. Sector peer Lloyds, HSBC and Standard Chartered fell in sympathy.Drugmaker Shire was extending losses after missing sales forecasts with its first-quarter figures yesterday. UBS cut its target price for the stock today from 2,400p to 2,300p but kept its' buy' rating.FTSE 250: Man Group jumps despite "disappointing" flowsInvestment management firm Man Group jumped this morning despite saying that flows in the first quarter were "disappointing". Nevertheless, the company said that 2013 earnings per share would be helped after a change in its regulatory status boosted surplus regulatory capital, allowing it to call/redeem certain debt securities.Electra Private Equity rose strongly after saying it has received a binding offer from funds advised by BC Partners for Allflex Holdings, its largest investment. The offer, which values Afflex at over $1.3bn, would result in gross proceeds to Electra of $398m.FTSE 100 - RisersEurasian Natural Resources Corp. (ENRC) 279.10p +6.36%Glencore Xstrata (GLEN) 344.45p +4.02%Wood Group (John) (WG.) 793.50p +3.52%Antofagasta (ANTO) 944.00p +3.45%Tullow Oil (TLW) 1,009.00p +3.28%Rio Tinto (RIO) 2,999.50p +3.25%Evraz (EVR) 153.20p +2.96%BHP Billiton (BLT) 1,833.50p +2.89%Polymetal International (POLY) 720.00p +2.27%Admiral Group (ADM) 1,261.00p +2.27%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 289.80p -5.69%BT Group (BT.A) 274.90p -1.50%Aggreko (AGK) 1,724.00p -1.49%Reckitt Benckiser Group (RB.) 4,612.00p -1.39%Bunzl (BNZL) 1,275.00p -1.32%Lloyds Banking Group (LLOY) 53.64p -1.14%Imperial Tobacco Group (IMT) 2,343.00p -1.14%Associated British Foods (ABF) 1,920.00p -1.03%Shire Plc (SHP) 1,868.00p -0.90%British American Tobacco (BATS) 3,604.50p -0.81%FTSE 250 - RisersMan Group (EMG) 116.30p +9.41%Ferrexpo (FXPO) 177.70p +5.96%Kazakhmys (KAZ) 351.60p +5.55%888 Holdings (888) 178.30p +4.57%COLT Group SA (COLT) 118.00p +4.42%Electra Private Equity (ELTA) 2,328.00p +3.79%Ladbrokes (LAD) 195.10p +3.28%Heritage Oil (HOIL) 148.10p +2.70%Kentz Corporation Ltd. (KENZ) 408.00p +2.59%Supergroup (SGP) 714.00p +2.59%FTSE 250 - FallersAfrican Barrick Gold (ABG) 152.50p -6.10%Imagination Technologies Group (IMG) 305.70p -3.08%Anite (AIE) 122.00p -2.79%Direct Line Insurance Group (DLG) 199.50p -2.11%Telecity Group (TCY) 952.00p -1.81%Home Retail Group (HOME) 141.60p -1.80%Rank Group (RNK) 167.60p -1.41%Alent (ALNT) 324.40p -1.40%Laird (LRD) 213.40p -1.30%KCOM Group (KCOM) 83.80p -1.24%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'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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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
Shaftesbury Capital PLCex-dividend payment date
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St James's Place PLCex-dividend payment date
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Team Internet Group 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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Blackstone, CVC consider bids for Superstruct festivals firm, sources say

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

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9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

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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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