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Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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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 -

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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
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3 Oct 2023 11:59

LONDON MARKET MIDDAY: HSBC and StanChart help FTSE 100 outperform

(Alliance News) - London's FTSE 100 grew in confidence as Tuesday morning progressed, going into the afternoon in the green and outperforming European peers.

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27 Sep 2023 14:28

TRADING UPDATES: Wishbone loss widens; Camellia hit by bad weather

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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14 Sep 2023 15:44

UK dividends calendar - next 7 days

Friday 15 September 
4imprint Group PLCdividend payment date
Baillie Gifford European Growth Trust PLCspecial dividend payment date
Baillie Gifford UK Growth Trust PLCdividend payment date
Barclays PLCdividend payment date
Brunner Investment Trust PLCdividend payment date
Clarkson PLCdividend payment date
Halfords Group PLCdividend payment date
Hikma Pharmaceuticals PLCdividend payment date
Ibstock PLCdividend payment date
IMI PLCdividend payment date
Informa PLCdividend payment date
Lancashire Holdings Ltddividend payment date
Montanaro European Smaller Companies Trust PLCdividend payment date
NatWest Group PLCdividend payment date
Pershing Square Holdings Ltddividend payment date
Reckitt Benckiser Group PLCdividend payment date
Spirent Communications PLCdividend payment date
TI Fluid Systems PLCdividend payment date
Vesuvius PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 September 
Pearson PLCdividend payment date
Quilter PLCdividend payment date
Shaftesbury Capital PLCdividend payment date
Shell PLCdividend payment date
Tuesday 19 September 
Alpha Financial Markets Consulting PLCdividend payment date
Rathbones Group PLCex-dividend payment date
Wednesday 20 September 
abrdn Asia Focus PLCdividend payment date
Domino's Pizza Group PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
OSB Group PLCdividend payment date
Sabre Insurance Group PLCdividend payment date
Scottish American Investment Co PLCdividend payment date
Thursday 21 September 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Group International PLCex-dividend payment date
Brickability Group PLCdividend payment date
Brooks Macdonald Group PLCex-dividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
Costain Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCspecial ex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Dowlais Group PLCex-dividend payment date
Essentra PLCex-dividend payment date
FDM Group Holdings PLCex-dividend payment date
Fidelity European Trust PLCex-dividend payment date
Forterra PLCex-dividend payment date
Gamma Communications PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
Harworth Group PLCex-dividend payment date
Highcroft Investments PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IG Group Holdings PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
JTC PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Mattioli Woods PLCex-dividend payment date
Midwich Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Redrow PLCex-dividend payment date
Regional REIT Ltdex-dividend payment date
Restore PLCex-dividend payment date
Rio Tinto PLCdividend payment date
Schroders PLCdividend payment date
SSE PLCdividend payment date
STV Group PLCex-dividend payment date
Vanquis Banking Group PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Sep 2023 11:49

LONDON MARKET MIDDAY: Stocks down as investors wait for US inflation

(Alliance News) - Stock prices in London were lower at midday Wednesday as investors eyed a key US inflation reading later in the day, ahead of the Federal Reserve's interest rate decision next week.

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13 Sep 2023 09:29

LONDON BROKER RATINGS: Goldman Sachs likes HSBC; RBC raises CVS

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

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6 Sep 2023 16:36

IN BRIEF: Kromek extends credit facility repayment to end of month

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Extends repayment date of its GBP5.0 million revolving credit facility with HSBC Holdings PLC to September 30 from Thursday last week. Says the move is taken as it finalises terms to refinance the borrowing facility. This follows a previous extension, as announced when publishing its annual results in late July. Says it will will make a further announcement in "due course".

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6 Sep 2023 15:22

America Movil prioritizing peso-denominated debt, CFO says

Sept 6 (Reuters) - Mexican telecommunications giant America Movil is looking to increase the percentage of its debt held in pesos, Chief Financial Officer Carlos Garcia Moreno said on Wednesday.

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5 Sep 2023 12:05

IN BRIEF: Kinovo renews banking facilities with partner HSBC

Kinovo PLC - London-based property services provider offering safety compliance and sustainability solutions - Renews banking facilities with partner HSBC Holdings PLC. The facilities have been renewed to May 31, 2024, to align with Kinovo's year-end reporting schedules. They consist of a GBP2.5 million overdraft facility at an interest rate of 2.85% above the Bank of England base rate and a GBP6.0 million purchasing card facility, on which there is no interest charge.

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4 Sep 2023 07:54

Ex-GIC bond manager to launch hedge fund -BNP Paribas

LONDON, Sept 4 (Reuters) - Reuben Abrams, a former portfolio manager at Singapore sovereign wealth fund GIC, is set to launch a hedge fund by year-end in London, according to a note to clients from BNP Paribas.

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1 Sep 2023 18:26

RBC's $10 bln deal for HSBC unit approved by Canada's Competition Bureau

Sept 1 (Reuters) - Canada's Competition Bureau said on Friday that Royal Bank of Canada's (RBC) C$13.5 billion ($10 billion) offer to buy HSBC's domestic unit was unlikely to hurt competition, clearing the way for the country's largest bank to push ahead with its biggest acquisition.

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1 Sep 2023 00:01

Some UK banks improving interest rates for savers, says watchdog

LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.

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30 Aug 2023 12:19

40-year mortgage terms now offered by HSBC UK

(Alliance News) - HSBC Holdings PLC's HSBC UK is offering 40-year mortgages to help people on to or up the property ladder.

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29 Aug 2023 17:27

European shares at two-week high; UK's FTSE 100 outperforms

U.S. job openings data boosts Fed pause bets

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29 Aug 2023 12:51

China's Ping An Insurance first-half profit falls 1.2%, retail business weakens

HONG KONG/BEIJING, Aug 29 (Reuters) - Ping An Insurance (Group) Co of China Ltd on Tuesday reported a 1.2% drop in first-half net profit.

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29 Aug 2023 09:27

LONDON BROKER RATINGS: UBS cuts HSBC; Barclays cuts SDCL Energy

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

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