London close: Stocks mixed as investors digest Autumn Statement
22nd Nov 2023 15:12
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read moreRBC Capital downgrades HSBC, says shares looking 'more fair value'
22nd Nov 2023 07:50
(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.
Read moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(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 moreChinese credit growth ticks higher in October but rate of money supply increase slows
13th Nov 2023 12:27
(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 moreLondon close: Stocks gain as investors await Powell speech
9th Nov 2023 15:02
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read moreChina's exports slide as imports unexpectedly jump
7th Nov 2023 10:19
(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 moreLondon close: Stocks higher after flurry of corporate updates
30th Oct 2023 16:00
(Sharecast News) - London's financial markets showed resilience on Monday, finishing with gains as investors assessed corporate results and awaited significant central bank policy updates.
Read moreHSBC Q3 profit misses expectations; $3bn share buyback announced
30th Oct 2023 07:28
(Sharecast News) - HSBC posted a smaller-than-expected jump in third-quarter profits on Monday, as it announced a $3bn share buyback.
Read moreUK banking stocks are undervalued, says Shore Capital
18th Aug 2023 10:22
(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".
Read moreHSBC boosted by rising interest rates as H1 profits grow
1st Aug 2023 07:46
(Sharecast News) - HSBC posted a rise in first-half profits on Tuesday as it benefited from rising interest rates, and announced a share buyback of up to $2bn.
Read moreFederal Reserve hikes rates, leaves door open to more tightening
26th Jul 2023 18:59
(Sharecast News) - The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed.
Read moreUK bank pass annual stress tests, says BoE
12th Jul 2023 07:21
(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.
Read moreFed's Daly, Mester guide towards more interest rate hikes
10th Jul 2023 16:59
(Sharecast News) - Two top US central bank officials guided towards more tightening moves in 2023.
Read moreFCA summons bank chiefs over low savings rate concerns
4th Jul 2023 07:24
(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.
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