MARKET TALK: Standard Chartered Statement In Line - Liberum

28th Jun 2010 07:57

0657 GMT [Dow Jones] Standard Chartered's (STAN.LN) preclose statement looks in line with expectations says Liberum Capital. The brokerage's 1H '10 income forecast of $7.89B tallies with the bank's expectations for flat income in the first six months of the year. Says loan impairments continue to trend favorably but then again, notes that these have never been particularly elevated at this bank. Maintains hold recommendation. Shares closed on Friday at 1742p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 28, 2010 02:57 ET (06:57 GMT)