The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 693.40
Bid: 695.20
Ask: 695.40
Change: 0.00 (0.00%)
Spread: 0.20 (0.029%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 693.40
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 slip on mixed earnings, Ukraine tensions

Wed, 07th May 2014 11:57

- Markets give mixed reaction to corporate earnings- Ukraine tensions continue to rise- Investors nervous ahead of Yellen speechtechMARK 2,783.30 -0.31%FTSE 100 6,773.54 -0.37%FTSE 250 15,890.46 -0.30%A flurry of mixed corporate earnings pushed UK markets lower on Wednesday morning, while investors scaled back risk in the face of heightened tensions in Eastern Europe.Experian, CRH, Sainsbury and HSBC were all trading lower after reporting results, while Legal & General, G4S and Imperial Tobacco headed higher on their numbers.The FTSE 100, which hit a two-month high of 6,822.42 on Friday, was in negative territory for a second straight day, trading down 0.4% at 6,774 by midday.As fighting continues across cities in eastern Ukraine, pro-Russian separatists in the region of Donbass said they would hold a referendum on secession on Sunday May 11th. The US has warned that any such attempt would be illegal and further sanctions would be applied on Russia if it went ahead.Meanwhile, a top ranking official at the OSCE has called for a ceasefire in Ukraine so that "fair and inclusive" elections can be held on May 25th."The troubles are dreadful," said analyst Holger Schmieding from Berenberg. "But so far, they remain below the threshold of an open Russian invasion (Russian tanks rolling West) that could cause a huge rather than just a modest negative confidence shock across central and western Europe and derail the European recovery."Injecting further caution into markets was anticipation of a speech by Federal Reserve Chair Janet Yellen later this afternoon as she testifies before the Joint Economic Committee of the US Congress.For now at least, markets have generally come to believe that the US central bank is in no hurry to initiate rate hikes. However, given the debate about how inflation will act as the labour market continues to recover, her words are likely to be watched very closely. Fallers: Experian, CRH, Sainsbury, HSBCExperian disappointed with its outlook statement as it said it faces "a number of one-off headwinds" that will constrain growth in the first half. This comes after the credit checking company recorded organic revenue growth of 5% in the year ended March 31st.Construction materials group CRH also underwhelmed after saying that the improving trends in its European markets during the second half of last year continued in 2014.Supermarket chain J Sainsbury erased early gains despite delivering annual results ahead of expectations this morning, with underlying pre-tax profit rising 5.3% to £798m.Banking heavyweight HSBC was in the red after reporting a 20% fall in first-half profits, owing to lower revenues and tough comparatives.Engine maker Rolls-Royce fell as it sold its energy gas turbine and compressor business to German engineering group Siemens for £785m.Grocery group WM Morrison was also a heavy faller after going ex-dividend, along with BP, Unilever, Rexam, Bunzl, CSR, JD Sports, Henderson and Rightmove.Risers: L&G, G4S and ImperialFinancial services group Legal & General was among the best performers as it posted record first-quarter results, with cash flowing strongly and assets under management at an all-time high.Security group G4S was higher after saying trading for the year-to-date has been in line with its expectations, with 4.8% revenue growth in the first three months of the year.Imperial Tobacco, the company behind brands such as Golden Virginia and Lambert & Butlers, edged higher as it lifted its interim dividend by a tenth despite first-half results being hit by inventory reductions.Broadcaster ITV gained after saying it has acquired an 80% controlling interest in Leftfield Entertainment Group, making ITV Studios US Group the largest unscripted independent producer in the US.FTSE 100 - RisersLegal & General Group (LGEN) 219.70p +2.90%easyJet (EZJ) 1,703.00p +2.16%G4S (GFS) 244.20p +1.62%InterContinental Hotels Group (IHG) 2,216.00p +1.42%Compass Group (CPG) 962.00p +1.32%ITV (ITV) 188.00p +1.13%Severn Trent (SVT) 1,854.00p +0.93%BAE Systems (BA.) 401.10p +0.93%United Utilities Group (UU.) 811.00p +0.87%British Sky Broadcasting Group (BSY) 886.50p +0.80%FTSE 100 - FallersExperian (EXPN) 1,067.00p -5.91%Morrison (Wm) Supermarkets (MRW) 190.20p -5.84%CRH (CRH) 1,679.00p -3.51%Sainsbury (J) (SBRY) 325.30p -2.43%Rexam (REX) 487.50p -2.09%Barclays (BARC) 241.00p -1.63%Petrofac Ltd. (PFC) 1,425.00p -1.59%Persimmon (PSN) 1,358.00p -1.45%Rolls-Royce Holdings (RR.) 1,024.00p -1.44%HSBC Holdings (HSBA) 595.60p -1.41%FTSE 250 - RisersXaar (XAR) 784.50p +4.11%Perform Group (PER) 233.60p +4.10%Micro Focus International (MCRO) 825.00p +3.84%Hikma Pharmaceuticals (HIK) 1,641.00p +3.40%Afren (AFR) 163.90p +3.08%Brown (N.) Group (BWNG) 459.20p +2.25%Pace (PIC) 360.30p +2.10%Keller Group (KLR) 1,008.00p +1.87%NMC Health (NMC) 458.00p +1.78%AL Noor Hospitals Group (ANH) 1,035.00p +1.67%FTSE 250 - FallersCSR (CSR) 542.00p -3.73%African Barrick Gold (ABG) 233.30p -3.71%Henderson Group (HGG) 237.10p -3.70%Countrywide (CWD) 575.50p -3.28%Partnership Assurance Group (PA.) 130.00p -3.13%Barr (A.G.) (BAG) 611.00p -3.02%ITE Group (ITE) 226.20p -2.75%Brewin Dolphin Holdings (BRW) 323.90p -2.73%Euromoney Institutional Investor (ERM) 1,104.00p -2.65%Carphone Warehouse Group (CPW) 326.80p -2.59%BC
More News
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:

Read more
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".

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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

*

Read more
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.

Read more
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:

Read more
29 Aug 2023 07:49

LONDON BRIEFING: Bunzl profit up; Rio Tinto sells copper project stake

(Alliance News) - Stocks in London are called to open higher on Tuesday, following a long bank holiday weekend.

Read more
27 Aug 2023 11:37

Saudi Arabia healthcare group Fakeeh Care weighs IPO, appoints HSBC - sources

DUBAI, Aug 27 (Reuters) - Saudi Arabia's Fakeeh Care, one of the largest private hospital groups in the kingdom, is considering selling a 30% stake through an initial public offering (IPO), two sources with knowledge of the matter told Reuters.

Read more
21 Aug 2023 09:24

LONDON BROKER RATINGS: Jefferies raises HSBC price target

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

Read more
21 Aug 2023 07:43

LONDON BRIEFING: Crest Nicholson lowers annual profit forecast

(Alliance News) - Stocks in London are called flat on Monday, with little in the way of economic data or company updates to reignite risk appetite.

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.