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Standard Chartered PLC (STAN.L)
| Previous close | 689.80 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 11,695,816 |
| Market cap | 17.797B |
| Beta (5Y monthly) | 0.84 |
| PE ratio (TTM) | 8.18 |
| EPS (TTM) | 0.85 |
| Earnings date | 02 May 2024 |
| Forward dividend & yield | 0.21 (3.07%) |
| Ex-dividend date | 07 Mar 2024 |
| 1y target est | 8.70 |
- Reuters
UPDATE 2-StanChart Q1 profit beats estimates as income boost outweighs China woes
Standard Chartered PLC beat forecasts on Thursday with a 5.5% rise in its first-quarter pretax profit, as the income boost from higher interest rates and a robust performance from its markets trading business offset a surge in credit losses. The British bank has, however, made provisions worth $1.2 billion in total in relation to the China commercial real estate sector, it said. StanChart had taken a total of $850 million in writedowns in the previous quarters on its stake in China's Bohai Bank , which like its peers suffered from a slowing Chinese economy and the deepening crisis in the property sector.
ReutersStanChart Q1 profit beats estimates as income boost outweighs China woes
HONG KONG/LONDON (Reuters) -Standard Chartered PLC beat forecasts on Thursday with a 5.5% rise in its first-quarter pretax profit, as the income boost from higher interest rates and a robust performance from its markets trading business offset a surge in credit losses. The British bank has, however, made provisions worth $1.2 billion in total in relation to the China commercial real estate sector, it said. StanChart had taken a total of $850 million in writedowns in the previous quarters on its stake in China's Bohai Bank, which like its peers suffered from a slowing Chinese economy and the deepening crisis in the property sector.
- Oilprice.com
The Next Two Months Will Be Critical For Oil Fundamentals
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