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Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 644.60
Bid: 644.40
Ask: 644.70
Change: 8.50 (1.34%)
Spread: 0.30 (0.047%)
Open: 639.30
High: 645.60
Low: 637.60
Prev. Close: 636.10
HSBA Live PriceLast checked at -

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London open: Stocks rise after upbeat China data

Mon, 02nd Apr 2012 08:26

- Miners wanted after Chinese PMI reaches 11-month high- RBS to dish out dosh to preference shareholders- LSE acquisition of LCH.Clearnet passes milestoneUK stocks opened with decent gains on Monday morning as miners rose on the back of some better-than-expected manufacturing data from China. China's purchasing managers' index (PMI) for March increased from 51 to 53.1 it was announced yesterday, showing that growth in the manufacturing sector of the world's second-largest economy is accelerating. Consensus estimates were for a reading of 50.5 and the 53.1 figure represented an 11-month high, which is sure to ease concerns of a 'hard-landing' for the Chinese economy.Investors will still be digesting the increase to the Eurozone's rescue fund announced at the end of last week. The 17 finance ministers of the Eurozone, which form the so-called Eurogroup, agreed to boost the region's firewall to €800bn. Austrian Finance Minister Maria Fekter announced that the amount represents the €500bn ESM, €200bn in EFSF funds already assigned to Ireland, Greece and Portugal, €53bn in bilateral loans and €49bn from the original EFSM. MINERS PROVIDE A LIFTResource stocks were dominating the risers' list in the opening hour as the upbeat China data boosted hopes for demand in the metals industry. Kazakhmys, Fresnillo, Vedanta, Rio Tinto, BHP Billiton, Glencore Evraz, Xstrata and Anglo American opened with solid gains.Financials were heading the other way though with Lloyds, Standard Chartered, Aviva, Standard Life and HSBC among the heaviest fallers. State-owned Royal Bank of Scotland (RBS) was bucking the trend however, on reports that it is looking to resume dividend payments to holders of its preference shareholders to signal its progress on the road to financial stability. "Paying a dividend is good market behaviour and is an important signal to debt holders and equity holders," an RBS source told the Daily Telegraph. Airline peers IAG and easyJet were on the rise despite concerns about the impact of Air Passenger Duty (APD) after it was hiked yesterday. CEO's from the UK's major airlines have jointly warned of "an increase in APD of double the rate of inflation which will hit millions of hard working families in the UK as they book or fly away on their well-earned break".Drugs giant GlaxoSmithKline was wanted after it reported positive results from an initial study into its development of a drug for HIV treatment.Shareholders of real estate investment trust Land Securities were pleased after Robert Noel, previously Managing Director of the company's London Portfolio, took over from long-standing Francis Salway as Chief Executive.It's all-systems-go for the London Stock Exchange's agreed takeover of clearing house, LCH.Clearnet, as the FTSE 250 bourse operator confirmed it has received acceptances of its offer from holders representing more than half of Clearnet's shares. Shares edged higher early on.3SE, a joint venture owned by waste management group Shanks and utilities firm SSE, has signed a contract worth with Barnsley, Doncaster and Rotherham Councils for the treatment of black bag waste. The 25-year agreement is worth more than £750m, something that investors of both stocks seemed to be happy about, with shares rising in early trading.FTSE 100 - RisersEvraz (EVR) 383.50p +3.79%Fresnillo (FRES) 1,636.00p +2.38%Kazakhmys (KAZ) 927.00p +2.09%SABMiller (SAB) 2,558.00p +1.93%Glencore International (GLEN) 396.60p +1.85%Rio Tinto (RIO) 3,507.50p +1.78%IMI (IMI) 988.50p +1.65%ARM Holdings (ARM) 601.50p +1.60%Xstrata (XTA) 1,084.50p +1.54%BHP Billiton (BLT) 1,934.50p +1.42%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 5,305.00p -1.21%Barclays (BARC) 233.20p -0.87%Shire Plc (SHP) 2,004.00p -0.79%Lloyds Banking Group (LLOY) 33.35p -0.76%Standard Chartered (STAN) 1,548.50p -0.74%HSBC Holdings (HSBA) 551.60p -0.58%Resolution Ltd. (RSL) 259.80p -0.57%ICAP (IAP) 390.70p -0.53%Capital Shopping Centres Group (CSCG) 330.00p -0.42%Aviva (AV.) 330.30p -0.36%FTSE 250 - RisersCookson Group (CKSN) 723.50p +4.70%Ruspetro (RPO) 224.00p +3.70%New World Resources A Shares (NWR) 440.00p +2.97%Ophir Energy (OPHR) 520.50p +2.56%Kenmare Resources (KMR) 51.35p +2.39%Centamin (DI) (CEY) 70.25p +2.18%Domino's Pizza UK & IRL (DOM) 440.70p +2.11%Avocet Mining (AVM) 187.80p +1.84%Imagination Technologies Group (IMG) 697.00p +1.83%Soco International (SIA) 301.20p +1.76%FTSE 250 - FallersCarpetright (CPR) 660.00p -3.72%FirstGroup (FGP) 229.50p -3.45%Misys (MSY) 347.70p -2.88%Kentz Corporation Ltd. (KENZ) 478.80p -2.29%Perform Group (PER) 303.60p -2.06%Aquarius Platinum Ltd. (AQP) 139.30p -1.90%Brewin Dolphin Holdings (BRW) 173.70p -1.86%Home Retail Group (HOME) 112.10p -1.67%Redrow (RDW) 127.10p -1.55%Fidelity China Special Situations (FCSS) 79.75p -1.30%BC
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18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
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Schroder Oriental Income Fund Ltdex-dividend payment date
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St James's Place PLCex-dividend payment date
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Tufton Oceanic Assets Ltdex-dividend payment date
Tyman PLCex-dividend payment date
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Wickes Group PLCex-dividend payment date
  
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17 Apr 2024 16:42

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects.

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17 Apr 2024 11:49

Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs on deal slowdown

HONG KONG, April 17 (Reuters) - Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects.

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16 Apr 2024 17:09

Europe's STOXX 600 slides in broader market decline on geopolitical jitters

ECB policymakers stick with June rate cut plan

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11 Apr 2024 10:06

Blackstone, CVC consider bids for Superstruct festivals firm, sources say

LONDON, April 11 (Reuters) - Blackstone and CVC are among a list of potential bidders for European festivals organiser Superstruct Entertainment, several sources with knowledge of the situation told Reuters.

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9 Apr 2024 22:39

Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal

BUENOS AIRES, April 9 (Reuters) - Argentina's Banco Galicia, buying HSBC's local assets in a near $500 million deal, is betting that new libertarian President Javier Milei will bring down soaring inflation and ease rates to boost lending in the South American nation.

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9 Apr 2024 15:40

Financial firms tout energy business after West Virginia restrictions

NEW YORK, April 8 (Reuters) - West Virginia has added Citi, HSBC and two other financial firms to a list of institutions that may be barred from some state business due to their energy finance policies, prompting three of them to assert their commitment to that industry.

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9 Apr 2024 15:12

London close: Stocks slip ahead of ECB, US inflation print

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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9 Apr 2024 15:12

HSBC's Argentina exit doesn't impact valuation, Shore Capital says 'buy'

(Sharecast News) - Shore Capital has said that HSBC's disposal of its Argentinian business should not have a material impact on its investment case despite it generating a $1bn hit to the business.

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9 Apr 2024 08:52

TOP NEWS: HSBC to take USD1 billion loss on sale of Argentina business

(Alliance News) - HSBC Holdings PLC on Tuesday said it will sell its business in Argentina to Grupo Financiero Galicia SA, which it called the largest private financial group in the South American country.

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9 Apr 2024 08:44

LONDON MARKET OPEN: Stocks shaky ahead of US CPI data, ECB decision

(Alliance News) - Stock prices in London opened mostly lower on Tuesday, as investors look ahead to a key inflation reading from the US, as well as the latest interest rate decision from the European Central Bank.

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9 Apr 2024 08:37

HSBC takes $1 bln hit from Argentina sale as Asia pivot continues

Grupo Financiero Galicia to buy the business for $550 mln

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9 Apr 2024 07:39

LONDON BRIEFING: HSBC sells Argentinian arm for USD550 million

(Alliance News) - Stocks in London are called to open lower on Tuesday, as investors nervously look ahead to US inflation data and the European Central Bank's latest interest rate decision.

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9 Apr 2024 07:05

HSBC to take $1bn hit from Argentina unit sale

(Sharecast News) - HSBC Holdings on Tuesday said it was selling its Argentina business to Grupo Financiero Galicia for $550m and take a $1bn pre-tax loss in the process as it continued to pivot its operations towards Asia.

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8 Apr 2024 19:45

West Virginia treasurer adds four finance firms to ESG blacklist

NEW YORK, April 8 (Reuters) - West Virginia added four financial firms on Monday to a list of institutions that may be barred from some state business because the state's treasurer deems they are boycotting the fossil fuel industry.

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