|Bid||432.80 x 0|
|Ask||432.90 x 0|
|Day's range||429.70 - 436.00|
|52-week range||334.25 - 533.20|
|Beta (5Y monthly)||1.27|
|PE ratio (TTM)||15.39|
|Earnings date||02 Nov 2021|
|Forward dividend & yield||0.09 (1.99%)|
|Ex-dividend date||12 Aug 2021|
|1y target est||7.86|
LONDON (Reuters) -The crisis at indebted developer China Evergrande Group will not curb Standard Chartered's appetite for investing in the country, its Chief Financial officer Andy Halford told a banking conference on Thursday. The Asia, Middle East and Africa-focused lender has no direct exposure to Evergrande and "negligible" indirect exposure, he told the conference hosted by Bank of America. The executive's comments could reassure investors concerned about the potential fallout on British banks, which have invested heavily in China in recent years amid slowing growth in Western markets.
Commodities have seen a dramatic rise this year, but markets may begin returning to Earth as platinum and palladium prices hit intra-year lows
Focus turns to whether the banks will sustain the growth, especially in the absence of government support.