Straits Times Index
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18,057.45 +402.04 (+2.28%) FTSE 100
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26,557.30 -71.10 (-0.27%) CMC Crypto 200
565.87 -2.18 (-0.38%)
Standard Chartered PLC (37ZL.L)
| Previous close | 136.64 |
| Open | 116.64 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 116.64 - 116.64 |
| 52-week range | 116.64 - 116.64 |
| Volume | |
| Avg. volume | N/A |
| Market cap | 327.951M |
| Beta (5Y monthly) | 0.87 |
| PE ratio (TTM) | 18.87 |
| EPS (TTM) | 0.06 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters SG
UPDATE 3-StanChart lifts annual profit outlook, sets new $1 bln share buyback
Standard Chartered PLC upgraded its annual profit forecast on Friday and set a new $1 billion share buyback after a strong first-half performance, as rising rates and a record financial markets business propelled the lender's margins. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for the first six months of the year surged 20% to $3.32 billion, beating the $3.18 billion average of 16 analyst estimates compiled by the bank. The lender upgraded its guidance for income growth in 2023 to a 12%-14% range from 10% previously.
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