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: 696.40
Bid: 693.50
Ask: 693.70
Change: 3.60 (0.52%)
Spread: 0.20 (0.029%)
Open: 693.90
High: 696.40
Low: 691.00
Prev. Close: 692.80
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
23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

Read more
22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.

Read more
22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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

Read more
22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

Read more
22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

Read more
21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

Read more
14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
13 Nov 2023 10:53

IN BRIEF: LXi REIT gets new extension for GBP60 million HSBC loan

LXi REIT PLC - FTSE 250 London-based commercial real estate investment trust - Agrees extension to existing GBP60 million loan facility with HSBC, part of HSBC Holdings PLC from December 2024 to December 2026, extending weighted average term from 5.1 years to 5.2 years. The HSBC facility was LXi's earliest maturing debt and was originally extended to December 2024 in early March. It retains its existing 2.05% per year above the sterling overnight indexed average, or Sonia, benchmark and has a 2.50% interest rate cap until December next year. LXi expects to hedge the facility's cost during the additional term to expiry in due course.

Read more
9 Nov 2023 15:02

London close: Stocks gain as investors await Powell speech

(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.

Read more
7 Nov 2023 10:19

China's exports slide as imports unexpectedly jump

(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.

Read more
2 Nov 2023 16:02

UK dividends calendar - next 7 days

Friday 3 November 
Alumasc Group PLCdividend payment date
Andrews Sykes Group PLCdividend payment date
AVI Japan Opportunity Trust PLCdividend payment date
Barratt Developments PLCdividend payment date
British American Tobacco PLCdividend payment date
Brooks Macdonald Group PLCdividend payment date
CT UK High Income Trust PLCdividend payment date
Fintel PLCdividend payment date
Games Workshop Group PLCdividend payment date
HSS Hire Group PLCdividend payment date
Johnson Service Group PLCdividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Judges Scientific PLCdividend payment date
MP Evans Group PLCdividend payment date
M&G PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mortgage Advice Bureau Holdings PLCdividend payment date
Persimmon PLCdividend payment date
Schroder Income Growth Fund PLCdividend payment date
TP ICAP Group PLCdividend payment date
Twentyfour Income Fund Ltddividend payment date
Weir Group PLCdividend payment date
Wickes Group PLCdividend payment date
WPP PLCdividend payment date
Monday 6 November 
no events scheduled 
Tuesday 7 November 
no events scheduled 
Wednesday 8 November 
abrdn New Dawn Investment Trust PLCdividend payment date
Manchester & London Investment Trust PLCdividend payment date
Thursday 9 November 
abrdn Smaller Companies Income Trust PLCspecial ex-dividend payment date
Airtel Africa PLCex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
Burford Capital Ltdex-dividend payment date
C&C Group PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Galliford Try Holdings PLCex-dividend payment date
Genus PLCex-dividend payment date
Greencoat Renewables PLCex-dividend payment date
Henderson International Income Trust PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend payment date
J Sainsbury PLCex-dividend payment date
NCC Group PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
PRS REIT PLCex-dividend payment date
Schroder BSC Social Impact Trust PLCex-dividend payment date
Softcat PLCex-dividend payment date
SThree PLCex-dividend payment date
Target Healthcare REIT PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCex-dividend payment date
Warpaint London PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
1 Nov 2023 14:03

IN BRIEF: Vanquis confirms David Watts, once of HSBC, as CFO

Vanquis Banking Group PLC - Bradford, England-based lender - Confirms that David Watts joined the board on Wednesday as Vanquis Banking's new chief financial officer and executive director, following a prior announcement on September 27. Watts will also join the board of Vanquis Bank Ltd following regulatory approval.

Read more
1 Nov 2023 09:36

LONDON BROKER RATINGS: Goldman says 'sell' Segro; JPMorgan cuts BP

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

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.