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Pin to quick picksStandard Chartered Share News (STAN)

Share Price Information for Standard Chartered (STAN)

London Stock Exchange
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Share Price: 716.00
Bid: 718.00
Ask: 718.40
Change: -5.80 (-0.80%)
Spread: 0.40 (0.056%)
Open: 724.80
High: 727.00
Low: 716.00
Prev. Close: 721.80
STAN Live PriceLast checked at -

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FTSE 100 closes above 8,000 on positive Centrica, StanChart earnings

Thu, 16th Feb 2023 17:31

Centrica, StanChart jump on upbeat earnings

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Vodafone up on report exploring options for African Unit

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FTSE 100 up 0.2%, FTSE 250 flat

Feb 16 (Reuters) - Britain's internationally-focussed FTSE 100 on Thursday closed above 8,000 points for the first time as upbeat earnings from Centrica and Standard Chartered countered global risk-off sentiment after hotter-than-expected U.S. inflation data.

The blue-chip FTSE 100 gained 0.2%, off an intra-day record high hit earlier in the day, but still at its highest ever closing level of 8,012.53 points.

The exporter-heavy index has had a stellar start to the year, gaining 7.5% so far as positive corporate earnings and rising commodity prices supported the index.

Data showed U.S. producer prices rose more than expected in January while jobless claims unexpectedly fell, fanning speculation the U.S. Federal Reserve would keep raising interest rates for longer than expected.

"The fact that it (inflation) hasn't weakened has given the market bit of a reason to pause," said Chris Beauchamp, chief market analyst at IG Group.

"Having rallied so much, the index does need a lot of good news to drive it higher from here. But we might be at risk of running out of that in the short term."

The domestically-focussed FTSE 250 midcaps closed flat.

Shares of Centrica jumped to top the FTSE 100, adding 5.7%, after the British Gas owner's annual profit more than tripled and it announced an extension of its share buyback programme.

Standard Chartered rose 4.1% after the lender reported a 28% rise in annual pretax profit and unveiled a $1 billion share buyback.

Meanwhile, investors will have an eye out for Bank of England Chief Economist Huw Pill's speech on the UK economy later in the day.

Among individual stocks, pharmaceutical company Indivior tumbled 13.6% after reporting its full-year results, tanking to the bottom of FTSE 250.

Shares of Vodafone rose 2.3% on a report the telecom company is exploring options for its African unit Vodacom. Gains in the stock lifted the telecommunications sector up 2.3%. (Reporting by Shashwat Chauhan and Shristi Achar A in Bengaluru; Editing by Sherry Jacob-Phillips and Mark Potter)

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12 Mar 2024 10:38

Standard Chartered's Simon Cooper departs amid corporate reshuffle

(Sharecast News) - Banking group Standard Chartered said on Tuesday that Simon Cooper, who was a frontrunner to succeed chief executive Bill Winters, will leave the group in order to "pursue other interests".

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5 Mar 2024 16:12

Standard Chartered attracting more takeover interest - report

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

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5 Mar 2024 08:57

LONDON BROKER RATINGS: Barclays cuts Bank of Ireland to 'equal weight'

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

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1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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29 Feb 2024 21:45

IN BRIEF: StanChart plans USD1.00 billion CoCo bond issue

Standard Chartered PLC - Asia-focused lender - Plans to issue USD1.00 billion in fixed-rate resetting perpetual subordinated contingent convertible bonds. In addition, it announces final terms of a EUR1.00 billion 4.196% fixed rate reset notes issue due 2023. "The notes have been issued under the USD77.50 billion debt issuance programme," it says on the latter.

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29 Feb 2024 16:06

UK dividends calendar - next 7 days

Friday 1 March 
AEW UK REIT PLCdividend payment date
Alternative Income REIT PLCdividend payment date
Atrato Onsite Energy PLCdividend payment date
Carr's Group PLCdividend payment date
CC Japan Income & Growth Trust PLCdividend payment date
CVC Income & Growth Ltd (EUR)dividend payment date
CVC Income & Growth Ltd (GBP)dividend payment date
Gabelli Merger Plus+ Trust PLCdividend payment date
ICG Enterprise Trust PLCdividend payment date
IG Group Holdings PLCdividend payment date
JPMorgan China Growth & Income PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
LXi REIT PLCdividend payment date
Pollen Street PLCdividend payment date
TwentyFour Select Monthly Income Fund Ltddividend payment date
UK Commercial Property REIT Ltddividend payment date
Monday 4 March 
no events scheduled 
Tuesday 5 March 
Henderson Smaller Cos Investment Trust PLCdividend payment date
PayPoint PLCdividend payment date
Wednesday 6 March 
AB Dynamics PLCdividend payment date
Thursday 7 March 
abrdn Diversified Income & Growth PLCex-dividend payment date
Assura PLCex-dividend payment date
Athelney Trust PLCex-dividend payment date
Berkeley Group Holdings PLCex-dividend payment date
BHP Group Ltdex-dividend payment date
Chenavari Toro Income Fund Ltddividend payment date
Colefax Group PLCex-dividend payment date
Crown Place VCT PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
Energean PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
JPMorgan Global Growth & Income PLCex-dividend payment date
Law Debenture Corp PLCex-dividend payment date
Mid Wynd International Investment Trust PLCex-dividend payment date
Personal Assets Trust PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCex-dividend payment date
PZ Cussons PLCex-dividend payment date
Redcentric PLCex-dividend payment date
Renishaw PLCex-dividend payment date
Rights & Issues Investment Trust PLCex-dividend payment date
Rio Tinto PLCex-dividend payment date
Ruffer Investment Co Ltdex-dividend payment date
Safestore Holdings PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
SDCL Energy Efficiency Income Trust PLCex-dividend payment date
South32 Ltdex-dividend payment date
Standard Chartered PLCex-dividend payment date
Temple Bar Investment Trust PLCex-dividend payment date
Utilico Emerging Markets Trust PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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26 Feb 2024 15:11

London close: Stocks fall as investors look to US data

(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.

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26 Feb 2024 12:22

IN BRIEF: Standard Chartered begins USD1 billion share buyback

Standard Chartered PLC - London-based, Asia-focused bank - Begins buyback of shares. Plans to buy back up to USD1 billion in shares. The purpose of the buyback is to reduce the company's outstanding shares and will close by August 23.

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26 Feb 2024 11:01

Berenberg lifts StanChart price target

(Sharecast News) - Berenberg upped its price target on 'buy' rated Standard Chartered on Monday to 1,050p from 1,000p as it said that growth and returns are undervalued.

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26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

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23 Feb 2024 16:57

LONDON MARKET CLOSE: FTSE 100 ends day higher but suffers weekly loss

(Alliance News) - Large-cap stock prices in Europe closed higher on Friday, with Standard Chartered leading the charge in the FTSE 100.

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23 Feb 2024 16:07

London close: FTSE rises on back of StanChart cheer

(Sharecast News) - London stocks finished with a mixed performance on Friday, as Standard Chartered underpinned the top-flight index following its announcement of a $1bn share buyback programme.

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23 Feb 2024 12:06

LONDON MARKET MIDDAY: StanChart prospers while stocks take a breather

(Alliance News) - Stock prices in London faltered at midday Friday, despite strong gains by Standard Chartered, as the wave of euphoria after Nvidia's blow-out earnings began to fade.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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23 Feb 2024 08:47

LONDON MARKET OPEN: Stocks mixed; StanChart drives FTSE 100 higher

(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 lifted by well-received results from Standard Chartered.

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