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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 716.60
Bid: 716.60
Ask: 716.70
Change: 11.10 (1.57%)
Spread: 0.10 (0.014%)
Open: 708.90
High: 717.70
Low: 708.60
Prev. Close: 705.50
HSBA Live PriceLast checked at -

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UPDATE 1-Rising HK tensions drag Asia-exposed UK stocks

Mon, 11th Nov 2019 09:26

* FTSE 100 down 0.6%, FTSE 250 down 0.2%

* Baker Greggs jumps after forecast upgrade

* Stocks vulnerable to Asia sink on Hong Kong tensions
(Adds company news items, analyst comment, updates share moves)

By Muvija M and Shashwat Awasthi

Nov 11 (Reuters) - UK's main stock index fell sharply on
Monday as a violent day of protest in Hong Kong knocked
Asia-exposed financial stocks, while investors waited for UK
economic growth numbers.

The FTSE 100 slid 0.6% by 0906 GMT, handing back
nearly all the gains accumulated in the previous week, when
hopes of a U.S.-China trade deal lifted sentiment.

The FTSE 250 index, dominated by more domestically
focused firms, dipped 0.2% as a 10% surge by baker Greggs
after it forecast earnings ahead of expectations helped
limit losses..

Bluechips HSBC, Prudential and
China-exposed miners all slipped around 2% after
news that Hong Kong police shot and wounded one protester as
pro-democracy unrest continued into its 24th week.

"If the situation deteriorates further, it will not only
drag local equities lower but the region as a whole. That's the
kind of reaction we're seeing today," Hussein Sayed, Chief
Market Strategist at FXTM, said.

Furthermore, data showing China's producer prices fell the
most in more than three years in October amid its trade war with
the United States worsened sentiment on Monday.

Stock markets across the world had welcomed signs of
de-escalation in the protracted trade spat between Washington
and Beijing, with many traders hoping to see a deal this month.

But some of the cheer evaporated after President Donald
Trump said on Friday that he had not agreed to rollbacks of U.S.
tariffs sought by China.

Ahead of Britain's December election, a warning from Moody's
that it may cut the country's sovereign debt rating spoiled risk
appetite ahead of GDP numbers.

Moody's said neither of the main political parties was
likely to tackle high borrowing levels that Brexit had made even
harder to fix.

Investors turned to defensive stocks, considered less risky
at times of macroeconomic uncertainties, leaving tobacco
companies Imperial Brands and British American Tobacco
among a handful of risers on the main index.

Drugmaker AstraZeneca eked out a 1% gain following
positive safety data on its anaemia drug roxadustat.

Among smaller-cap stocks, fertiliser maker Sirius Minerals
jumped 12.1%, after earlier surging nearly 40%, as the
company produced a revised development plan for its North
Yorkshire polyhalite project.
(Reporting by Muvija M and Shashwat Awasthi in Bengaluru
Editing by Saumyadeb Chakrabarty and John Stonestreet)

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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.

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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.

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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.

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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.

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27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

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27 Nov 2023 06:47

UPDATE: HSBC UK says banking services return after Black Friday outage

(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.

Read more
24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

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24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

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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.

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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.

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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:

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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.

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22 Nov 2023 07:47

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(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.

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