HSBC Holdings Share News (HSBA)

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------Fresnillo, up 2.6%. The gold miner was tracking spot gold prices higher quoted at USD1,290.30 an ounce against USD1,285.80 late Friday. The precious metal rose as the dollar weakened after US Federal Reserve Chairman Jerome Powell's remarks last week that said the central bank would be patient and flexible in policy decisions in 2019. ----------WM Morrison Supermarkets, J Sainsbury and Tesco - which report trading updates on Tuesday, Wednesday and Thursday respectively - were up 1.4%, 2.7% and 2.0% respectively. "Last week Next offered a ray of light to the sector after posting a better than expected pre-Christmas trading update, while John Lewis also cited some grounds for optimism. There is certainly some anecdotal evidence to suggest that shoppers left it very late to do their Christmas shopping with heavy trading at some supermarkets over the weekend before Christmas," said CMC Markets analyst Michael Hewson.----------FTSE 100 - LOSERS----------Centrica, down 5.0%. Jefferies downgraded the energy supplier to Hold from Buy.----------InterContinental Hotels Group, down 2.8%. Morgan Stanley cut the hotel operator to Underweight from Equal Weight.----------HSBC Holdings, down 2.0%. Citigroup lowered its rating on the lender to Sell from Neutral. ----------FTSE 250 - WINNERS----------Dunelm Group, up 11%. The homewares retailer reported positive trading figures over the key Christmas period. Dunelm reported total revenue growth, for the 26 weeks to December 29, of 1.2% on the prior year, with like-for-like sales up 6.9%. The 13 weeks making up the second quarter of Dunelm's financial year saw total sales up 2.0% with like-for-likes up 9.0%, which the company described as a "pleasing result" building on the positive trading experienced in the first quarter. In the second quarter, Dunelm stores' revenue was up 3.8%, while online grew 36% year-on-year. The company now expects its interim pretax profit to be around GBP70.0 million, up 17% from GBP60.0 million a year ago. "Dunelm has seen both positive footfall trends and an increase in the average value of transactions, giving us confidence in the improvement in the underlying offer," broker Peel Hunt commented. ----------Petrofac, up 3.0%. Jefferies raised the oilfield services company to Buy from Hold. ----------OTHER MAIN MARKET AND AIM - WINNERS----------Sound Energy, up 27%. The Moroccan-focused gas company said it completed the drilling programme at TE-10 well in North East Lakbir, Morocco, and intends to start test work in February. The company confirmed that TE-10 exploration well, which was the second in Sound Energy's current three well exploration programme in the Tendrara area, was drilled to a total depth of 2,218 meters. The programme was designed to explore three geologically independent plays and to establish the potential of the basin. Upon completion of the high-definition formation micro-imager log, which provides a microresistivity image of the well bore, Sound Energy has identified potential gross reservoir interval between 1,899 meters and 2,009 meters depth. Looking ahead, the company said it concluded the TE-10 well drilling operations and now intends to conduct a well test over the reservoir interval. This is expected to occur during February, after rig de-mobilisation and mobilisation of the necessary testing equipment. ----------Bowleven, up 20%. The oil and gas company said its board approved a special dividend of GBP50 million, or 15 pence per share. As at the end of November, the company said it held in cash and financial instruments equivalent to USD80 million. Bowleven expects to receive a further USD25 million at final investment decision on Etinde appraisal well, offshore Cameroon. This decision follows the completion of the two well drilling campaign in October last year, and therefore Bowleven has decided to distribute a significant portion of its surplus cash resources to shareholders. Looking forward, the company said the upcoming Etinde work programme and budget has now been agreed amongst the upstream joint venture partners for 2019. Bowleven plans to evaluate the existing data and develop options for the block with a view to its commercialisation.----------OTHER MAIN MARKET AND AIM - LOSERS----------Enquest, down 5.0%. RBC downgraded the oil and gas development and production company to Underperform from Outperform. ----------