PYX Resources: Achieving volume and diversification milestones. Watch the 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: 697.00
Bid: 697.10
Ask: 697.20
Change: 0.50 (0.07%)
Spread: 0.10 (0.014%)
Open: 694.00
High: 703.20
Low: 688.40
Prev. Close: 696.50
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: Stocks at two-week low as Sports Direct and grocers fall

Tue, 08th Apr 2014 11:52

- FTSE 100 at lowest since March 24th- Ukraine tensions flare up- US stocks fall ahead of Q1 earnings season- Sports Direct sinks on Ashley share sale, grocers fall techMARK 2,697.79 -1.18%FTSE 100 6,559.14 -0.96%FTSE 250 16,015.95 -1.52%UK stocks fell one per cent by Tuesday lunchtime, trading at levels not seen in two weeks, as heightened tensions in Ukraine and fears about steep valuations prompted investors to scale back risk.The FTSE 100 was down 0.96% at 6,559 by midday; it has not closed lower since March 24th when it finished the session at 6,520.39. World leaders have expressed concerns with recent developments in eastern Ukraine overnight after pro-Moscow protesters stormed government buildings and called for their own referendum on independence. Ukraine's government has accused Russia of instigating the protests, while a White House spokesman said that "outside forces, not local forces, were participating on the effort to create these provocations".The Russian Ministry of Foreign Affairs warned Ukraine of a civil war if it continues to amass forces in the south-eastern part of the country in order to counteract anti-government protests. Meanwhile, US markets fell sharply again on Monday evening with the Nasdaq registering its worst three-day skid since late 2011 as investors continue to question steep valuations of high-growth tech stocks after their recent run and ahead of the first-quarter results season. Aluminium giant Alcoa will be in focus when Wall Street opens later on as it unofficially kicks off earnings reporting after the close.Markets in Asia were mixed overnight after the Bank of Japan decided to hold on current monetary policy despite worries of the effects of a new sales tax increase on the Asian economy. The Japanese central bank chose to keep interest rates unchanged and maintained its pledge to increase the monetary base at an annual pace of 60tn to 70tn yen (£351bn-£409bn).In economic data this morning, the Office for National Statistics said that UK industrial production grew by 0.9% in February, expanding by 2.7% when compared with last year. The figures beat the consensus estimates of 0.3% and 2.2%, respectively.Investors will be keeping an eye out later on for the International Monetary Fund's World Economic Outlook, in which it is expected to unveil an increase to global growth estimates on the back of economic expansion in the UK and US.Sports Direct drops on Ashley share saleSporting goods retailer Sports Direct sunk sharply after it was reported that Founder Mike Ashley is selling £200m-worth of shares, taking his stake from 62% to 58%. Goldman Sachs said it will place up to 24m shares acquired from MASH Holdings, Ashley's investment vehicle, with institutional investors. The stock is being placed at 850-870p a share, compared with last night's closing price of 893.5p.Supermarket rivals Tesco, Sainsbury and WM Morrison were all off shopping lists today after Kantar revealed that the companies, which account for three of the 'Big Four' grocers in the UK, suffered further reductions in their market share in the 12 weeks to March 30th.Mining companies were among the best performers on rising metal prices but had trimmed gains by midday. The FTSE 350 mining index, which rose as much as 1.6% early on, was trading just 0.2% higher, although heavyweights Fresnillo, Randgold and Rio Tinto were still trading in positive territory.Iron ore producer Ferrexpo, however, had fallen into the red despite a strong start after saying that first-quarter iron ore pellet production rose 9.2% to 2,714,000 tonnes.Barclays was lower after reaching a settlement with a UK care operator over claims the bank mis-sold products linked to benchmark interest rates. HSBC, RBS, Lloyds and Standard Chartered were also unwanted this morning.Costa, Premier Inn and restaurant owner Whitbread fell as it continued to pull back after hitting an all-time high in late February. The stock, which has fallen 9% since then, was rated a 'buy' at Galvan Research and Trading this morning, which recommended investors to "pick the stock up in the run up to the full-year results at the end of the month".Chemicals business Synthomer sunk after JPMorgan Cazenove downgraded its rating on the stock from 'neutral' to 'underweight', saying that the 40% run over the last 12 months is "an opportunity to take profits".Similarly, pharmaceuticals group Hikma was also hit by a UBS ratings cut from 'buy' to 'neutral' on valuation grounds, saying that it is "time to take a pause and breathe" after the stock's recent performance.FTSE 100 - RisersFresnillo (FRES) 905.50p +1.63%Randgold Resources Ltd. (RRS) 4,740.00p +1.39%Unilever (ULVR) 2,569.00p +1.26%Antofagasta (ANTO) 860.50p +1.06%Rio Tinto (RIO) 3,370.50p +0.81%Standard Chartered (STAN) 1,265.00p +0.80%British American Tobacco (BATS) 3,347.50p +0.57%Tullow Oil (TLW) 802.50p +0.31%Anglo American (AAL) 1,556.00p +0.13%Diageo (DGE) 1,858.00p +0.13%FTSE 100 - FallersSports Direct International (SPD) 805.50p -9.85%Ashtead Group (AHT) 898.00p -5.72%International Consolidated Airlines Group SA (CDI) (IAG) 412.30p -4.14%St James's Place (STJ) 782.50p -4.05%Barratt Developments (BDEV) 374.30p -3.88%ITV (ITV) 185.40p -3.79%Resolution Ltd. (RSL) 277.40p -3.61%BT Group (BT.A) 362.10p -3.44%Associated British Foods (ABF) 2,659.00p -3.41%London Stock Exchange Group (LSE) 1,875.00p -3.05%FTSE 250 - RisersAshmore Group (ASHM) 353.30p +3.39%Computacenter (CCC) 643.00p +1.66%Polymetal International (POLY) 634.50p +1.60%Vesuvius (VSVS) 451.60p +1.55%Rotork (ROR) 2,669.00p +1.41%Caledonia Investments (CLDN) 2,030.00p +1.10%NMC Health (NMC) 516.00p +0.98%Templeton Emerging Markets Inv Trust (TEM) 547.00p +0.92%Hunting (HTG) 877.00p +0.75%JPMorgan Emerging Markets Inv Trust (JMG) 547.00p +0.74%FTSE 250 - FallersSynthomer (SYNT) 273.00p -6.38%Ocado Group (OCDO) 395.70p -6.23%Booker Group (BOK) 146.90p -5.29%Worldwide Healthcare Trust (WWH) 1,231.00p -4.94%Entertainment One Limited (ETO) 314.00p -4.85%Hikma Pharmaceuticals (HIK) 1,584.00p -4.81%Henderson Group (HGG) 255.90p -4.55%Taylor Wimpey (TW.) 108.50p -4.49%Keller Group (KLR) 1,047.00p -4.38%Imagination Technologies Group (IMG) 194.10p -4.20%BC
More News
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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

*

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

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.