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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: 0.00 (0.00%)
Spread: 0.10 (0.014%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 705.50
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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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(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

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21 Feb 2024 08:40

LONDON MARKET OPEN: HSBC and Glencore drag FTSE 100 into the red

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 index weighed down by weak earnings from HSBC and Glencore - among its largest constituents by market cap.

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21 Feb 2024 07:52

CORRECT: Glencore profit plunges as energy market normalises

(Corrects UK public sector net borrowing figure to billion from million.)

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21 Feb 2024 07:41

LONDON BRIEFING: Glencore profit plunges as energy market normalises

(Alliance News) - Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic.

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21 Feb 2024 07:02

HSBC profits soar 78% but miss forecasts on China exposure

(Sharecast News) - Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.

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21 Feb 2024 06:52

LONDON MARKET EARLY CALL: FTSE to open flat; HSBC posts record profit

(Alliance News) - Stocks in London are set to open flat on Wednesday, as investors look ahead to the Federal Reserve meeting minutes, and results from Nvidia.

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21 Feb 2024 05:57

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

(Alliance News) - HSBC Holdings PLC on Wednesday announced further share buybacks as annual profit soared on the back of higher interest rates, though its fourth-quarter performance suffered due to an impairment.

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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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20 Feb 2024 12:29

Wednesday preview: Fed meeting minutes, HSBC in the spotlight

(Sharecast News) - Investors' focus in the middle of the week will be on the release of the minutes of the Federal Reserve's most recent policy meeting, in January.

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14 Feb 2024 14:15

UK earnings, trading statements calendar - next 7 days

Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

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2 Feb 2024 09:27

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30 Jan 2024 16:00

London close: Stocks finish higher on raft of global data

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

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30 Jan 2024 09:34

Bank of England fines HSBC for "serious" deposit protection failures

(Alliance News) - HSBC Holdings PLC has been fined GBP57.4 million by the Bank of England's Prudential Regulation Authority for "serious failings" over customer deposit protection – the second highest penalty ever imposed by the financial watchdog.

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30 Jan 2024 07:27

HSBC slapped with £57.4m fine for deposit protection failures

(Sharecast News) - HSBC bank has been fined £57.4m by the Bank of England after admitting serious failings in protecting customer deposits.

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