The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStandard Chartered Share News (STAN)

Share Price Information for Standard Chartered (STAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 775.00
Bid: 775.60
Ask: 776.00
Change: 20.20 (2.68%)
Spread: 0.40 (0.052%)
Open: 756.00
High: 777.40
Low: 755.40
Prev. Close: 754.80
STAN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Standard Chartered attracting more takeover interest - report

Tue, 05th Mar 2024 16:12

(Sharecast News) - Standard Chartered has reportedly come under the spotlight amid a fresh round of takeover talk.

In an 'uncooked alert', markets blog Betaville said people following the situation have heard rumours that StanChart has attracted more takeover interest.

Some people following the situation have heard speculation the interest has come from the Gulf region in the Middle East, possibly Abu Dhabi or Saudi Arabia, it said.

In January last year, Bloomberg reported that First Abu Dhabi Bank had hired advisors to work on a takeover of Standard Chartered but then walked away from the deal after the news agency unveiled its plans to buy the emerging markets bank.

Last week, British fund managers also suggested that Standard Chartered could be a 'takeover target'.

Betaville said readers should be aware that some of the takeover speculation surrounding Standard Chartered has been priced into the stock as the company's shares have risen 15% over the last month.

At 1615 GMT, the shares were up 1.9% at 695.20p.

The markets blog defines an 'uncooked' story as "market gossip as Betaville receives it".

"This scuttlebutt has just come in and hasn't been checked with all of Betaville's well-informed RARE sources let alone formal journalistic channels (public relations executives, bankers etc)," it explained.

"The rumour might be total codswallop but then again there may be something in it, so it's worth airing on Betaville."

More News
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.

Read more
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.

Read more
21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

Read more
20 Nov 2023 14:59

London close: Stocks mixed ahead of Autumn Statement

(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.

Read more
20 Nov 2023 10:12

LONDON BROKER RATINGS: Goldman likes StanChart; RBC raises Currys

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

Read more
20 Nov 2023 08:39

Goldman upgrades Standard Chartered to 'buy'

(Sharecast News) - Goldman Sachs has upgraded its rating on multinational banking group Standard Chartered from 'neutral' to 'buy', saying that upside risk isn't reflected in the current share price.

Read more
20 Nov 2023 07:49

LONDON BRIEFING: Ashtead cuts guidance; BT eyes musicMagpie

(Alliance News) - Stocks in London are set to open slightly lower on Monday, as oil prices advance while the dollar falls back.

Read more
17 Nov 2023 16:59

LONDON MARKET CLOSE: Europe shines but NY down at end of positive week

(Alliance News) - Equities in Europe ended a bullish week with more gains on Friday, shaking off an uncertain open in New York and a less-than-stellar UK retail sales reading.

Read more
15 Nov 2023 11:05

South Africa fines Standard Chartered for currency manipulation

(Alliance News) - South Africa's competition watchdog said on Wednesday it has reached a settlement agreement with British bank Standard Chartered PLC over accusations it colluded with other lenders to manipulate the rand.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
13 Nov 2023 12:27

Chinese credit growth ticks higher in October but rate of money supply increase slows

(Sharecast News) - Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.

Read more
7 Nov 2023 10:19

China's exports slide as imports unexpectedly jump

(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside.

Read more
6 Nov 2023 09:34

LONDON BROKER RATINGS: RBC cuts Next but lifts Dunelm; Citi likes JD

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

Read more
30 Oct 2023 09:40

LONDON BROKER RATINGS: Jefferies cuts NatWest to underperform from buy

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

Read more
27 Oct 2023 09:30

LONDON BROKER RATINGS: UBS says buy SJP; JPMorgan raises Trainline

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

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.