Roundtable Discussion; The Future of Mineral Sands. Watch the video 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: 705.50
Bid: 707.20
Ask: 707.30
Change: 0.00 (0.00%)
Spread: 0.10 (0.014%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 705.50
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS: Banks Hit By Brazil Investigation

Fri, 03rd Jul 2015 10:12

LONDON (Alliance News) - The following stocks are amongst the biggest risers and fallers within the main London indices midday Friday.

-------

FTSE 100 WINNERS

-------

British Land Group, up 1.1%. The company is up following its analyst and investor day on Thursday. Panmure Gordon said it believes the property developer's strategy is revealing opportunities in the rapidly changing consumer shopping environment.

BAE Systems, up 0.6%. The defence contractor has been upgraded by UBS to Buy from Neutral. UBS said that despite concerns about the closure of BAE's Williamstown shipyard in Australia and the Eurofighter programme, it thinks the company's valuations looks compelling.

-------

FTSE 100 LOSERS

-------

Standard Chartered, down 2.1%, Barclays, down 1.2%, and HSBC Holdings, down 0.9%. Competition authorities in Brazil are investigating fifteen of the biggest banks in the world over allegations that they colluded to influence benchmark currency rates in the South American country, Reuters reported on Thursday. Cade, the Brazilian competition authority, alleged that banks' activity deterred competitors from the market for several years from 2007, the report said.

Rolls-Royce Holdings, down 1.9%. Deutsche Bank cuts its price target on the aerospace and engineering company to 610.00 pence from 645.00p reiterating its Sell rating. The bank has concerns about the Roll-Royce's ability to deliver earnings growth in 2016.

Royal Bank of Scotland, down 1.9%. The bank could face a penalty of as much as USD13 billion depending on the outcome of a US mortgage securities lawsuit, Bloomberg News reported on Thursday. According to the report the US Federal Housing Finance Agency, which is suing on behalf of Fannie Mae and Freddie Mac, estimated that amount in a court filing in a related case.

-------

FTSE 250 WINNERS

-------

Auto Trader Group, up 4.5%. The digital car retailer has been initiated at Overweight by Exane BNP.

Cobham, up 1.5%. The aerospace and defence manufacturing company has been upgraded to Overweight from Neutral by JP Morgan.

Rightmove, up 0.9%. Investec upgrades the online property portal to Hold from Sell on the back of its market-leading position and robust trading.

ICAP, up 0.8%. The interdealer broker said its electronic broking average daily volumes in dollars were up by 11.9% year-on-year in June and by 3% from May. Statistics published by ICAP, which matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets and equity derivatives, showed that electronic broking average daily volumes in dollars totalled USD511.3 billion in June on a single-count basis.

-------

FTSE 250 LOSERS

-------

Zoopla Property Group, down 3.1%. The online property portal has been initiated at Sell by Investec. The broker says the launch of OnTheMarket has exposed the investment case for the company.

FirstGroup, down 3.1%. UBS cuts the public transport company to Sell from Neutral.

-------

AIM ALL-SHARE WINNERS

-------

Phorm Corporation, up 19%. The online advertising platform operator reported higher quarterly revenue and other key performance indicators in Russia, while it also reported on the start of commercial operations in the US. Revenue attributed to Russia was RUB29.0 million in the second quarter of 2015, Phorm reported, almost double the RUB15.7 million in the first quarter.

Optimal Payments, up 13%. The company said it expects its EUR1.1 billion takeover of payments rival Skrill to win approval from UK regulators by the end of July, a move which will enable it to complete the deal, transfer to the London Stock Exchange's Main Market, and seek a place in the FTSE 250 index.

Distil, up 12%. The drinks company said its current financial year has started well, with sales and volumes higher year-on-year. The company, which owns the Blackwoods Gin and Vodka and RedLeg Spiced Rum brands, said it has been boosted by the increased exposure of its brands across distribution channels in the UK and overseas.

PeerTV, up 8.5%. The company said its subsidiary is to provide hardware and software to an international programming distributor after the signing of a deal. The agreement means PeerTV will supply its iQ4 Quad Core Android Set Top Boxes to the distributor.

Outsourcery, up 7.5%. The cloud services company said it has signed an amortising term loan with Vodafone Group Services Ltd, a subsidiary of FTSE 100-listed telecommunications company Vodafone Group. Under the deal, Outsourcery will be given a GBP4 million, four-year loan. In exchange, Vodafone will be granted a warrant over 3 million shares in Outsourcery, exercisable at 30 pence per share. Outsourcery currently trades at 25.795p.

-------

AIM ALL-SHARE LOSERS

-------

Ubisense Group, off 16%. The location intelligence services company issued a warning on its revenue for the full year after saying it has been hit by more contract delays in the first half and said it will restructure its operations to cut costs. Ubisense said that in addition to an anticipated fall in lower-margin Services division revenue and the delays of two contracts into the second half of the year, it has now seen further delays on certain contracts, meaning revenue in its Solutions arm in the first half will be "some way short" of the first half of 2014.

-------

By Neil Thakrar; neilthakrar@alliancenews.com; @NeilThakrar1

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
22 Dec 2023 07:02

Canada govt approves $13bn sale of HSBC local unit to RBC

(Sharecast News) - The Canadian government has approved the $13.5bn takeover of HSBC Canada by RBC, allowing the sale to proceed despite calls for it to be blocked over fears of reduced competition in the sector.

Read more
22 Dec 2023 06:32

HSBC eyes special payout as Canada OKs USD10 billion unit sale to RBC

(Alliance News) - HSBC Holdings PLC on Friday said the sale of its business in Canada to Royal Bank of Canada has received approval from the Canadian minister of finance, enabling the deal to proceed.

Read more
22 Dec 2023 01:34

Canada approves RBC's deal for HSBC Canada, with conditions

Dec 21 (Reuters) -

Read more
21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

Read more
20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

Read more
19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
14 Dec 2023 15:47

UK dividends calendar - next 7 days

Friday 15 December 
Airtel Africa PLCdividend payment date
Asia Dragon Trust PLCdividend payment date
Craneware PLCdividend payment date
Games Workshop Group PLCex-dividend payment date
Gattaca PLCspecial dividend payment date
Gattaca PLCdividend payment date
GCP Asset Backed Income Fund Ltddividend payment date
Hargreaves Lansdown PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
J Sainsbury PLCdividend payment date
James Halstead PLCdividend payment date
Kainos Group PLCdividend payment date
Lancashire Holdings Ltdspecial dividend payment date
Pershing Square Holdings Ltddividend payment date
Scottish American Investment Co PLCdividend payment date
Scottish Mortgage Investment Trust PLCdividend payment date
ScS Group PLCdividend payment date
Telecom Plus PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Wincanton PLCdividend payment date
Witan Investment Trust PLCdividend payment date
Monday 18 December 
Atrato Onsite Energy PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
New Star Investment Trust PLCdividend payment date
Tuesday 19 December 
BP PLCdividend payment date
Softcat PLCdividend payment date
Volution Group PLCdividend payment date
Wednesday 20 December 
abrdn Asia Focus PLCdividend payment date
abrdn Asia Focus PLCspecial dividend payment date
Baillie Gifford Japan Trust PLCdividend payment date
Blackrock Greater Europe Investment Trust PLCdividend payment date
London Finance & Investment Group PLCdividend payment date
Schroder BSC Social Impact Trust PLCdividend payment date
Shell PLCdividend payment date
Thursday 21 December 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Financial Markets Consulting PLCdividend payment date
British & American Investment Trust PLCdividend payment date
British American Tobacco PLCex-dividend payment date
Britvic PLCex-dividend payment date
CML Microsystems PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Dunedin Enterprise Investment Trust PLCex-dividend payment date
Halma PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IntegraFin Holdings PLCex-dividend payment date
International Biotechnology Trust PLCex-dividend payment date
J Smart & Co (Contractors) PLCex-dividend payment date
JPMorgan Japanese Investment Trust PLCex-dividend payment date
JPMorgan Multi-Asset Growth & Income PLCex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Montanaro European Smaller Companies Trust PLCex-dividend payment date
Pharos Energy PLCex-dividend payment date
STS Global Income & Growth Trust PLCex-dividend payment date
Topps Tiles PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
United Utilities Group PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

*

Read more
12 Dec 2023 16:26

US sanctions proposed buyer of HSBC's Russian business

Dec 12 (Reuters) - The U.S. on Tuesday imposed sanctions on Russia's Expobank, the proposed buyer of HSBC's local unit, a move that could complicate the British lender's long-awaited departure from Russia.

Read more
12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

Read more
12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

Read more
11 Dec 2023 11:00

TC Energy's Coastal GasLink seeks C$1.2 billion from pipeline contractor over delays

WINNIPEG, Manitoba, Dec 11 (Reuters) - Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking C$1.2 billion ($737 million) from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it, court documents showed ahead of a hearing this month.

Read more
5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

Read more
29 Nov 2023 16:55

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.

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.