|Bid||9.73 x N/A|
|Ask||18.95 x N/A|
|Day's range||10.00 - 14.00|
|52-week range||10.00 - 14.00|
|Beta (5Y monthly)||1.31|
|PE ratio (TTM)||7.94|
|Forward dividend & yield||0.19 (1.93%)|
|Ex-dividend date||07 Sept 2023|
|1y target est||N/A|
In an effort to curb soaring inflation, the central bank has escalated its primary interest rate from 0.1% in December 2021 to a 15-year peak of 5.25%. Further, the market anticipates another increase later this week to 5.5%, marking the 14th consecutive rise since August. This series of hikes is causing an uptick in impairments within the British banking sector, as noted by Sam Woods, Deputy Governor of the Bank of England on Tuesday.
BlackRock (NYSE:BLK), the world's largest asset manager, has launched its largest equity exchange-traded fund (ETF) in Singapore to date. The iShares MSCI Asia ex-Japan Climate Action ETF, valued at $426 million, was launched on Monday and is aimed at investors looking to integrate low-carbon transition objectives into their portfolios. The ETF is based on Asian companies committed to reducing carbon emissions as part of the global transition towards renewable energy and sustainable infrastructu
Shares in Anglo American and other stocks exposed to China fell on Tuesday as the country's sluggish recovery continues.