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Standard Life Aberdeen (LON:SLA) Shares Down 0 2%

Standard Life Aberdeen plc (LON:SLA – Get Rating)’s share price was down 0.2% on Thursday . The stock traded as low as GBX 272.80 ($3.38) and last traded at GBX 274.10 ($3.39). Approximately 3,459,153 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 4,790,961 shares. The stock had […]

FTSE 100 sees its advance stall as Nasdaq bounces back | 9 March 2021

9 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Monday s big gains amid improved investor sentiment. In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50. Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed falling profit and a shrinking client base. Telecom group Vodafone was up 1.6% to 128.1p after setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at between €11.4 billion and €14.7 billion.

Standard Life Aberdeen PLC confirms sale of Standard Life brand to Phoenix Group Holdings PLC

FTSE opens higher as Intercontinental Hotels pleases; HSBC disappoints | 23 February 2021

23 February 2021 | 08:45am StockMarketWire.com - UK stocks opened higher on Tuesday, even as the unemployment rate rose, as some large local companies released mixed earnings results. At 0827, the benchmark FTSE 100 index was up 21.22 points, or 0.3%, at 6,633.46. The rise marked a continuing of upward momentum from Monday afternoon after Prime Minister Boris Johnson unveiled a blueprint for lifting Britain s Covid-19 lockdowns The UK unemployment rate rose to 5.1% in the three months through December, as expected, up from 5.0% previously. Banking giant HSBC fell 1.9% to 423.6p as it reported a 34% drop in annual profit owing to higher credit losses and lower interest rates.

FTSE trades flat as US tech remains under pressure | 23 February 2021

23 February 2021 | 16:34pm StockMarketWire.com - The FTSE 100 traded flat a little above the 6,600 mark despite US tech stocks tanking for a second day on valuation concerns and as investors grew concerned mounting inflation might prompt interest rate increases. By 4.30pm UK time the S&P 500 was down 0.6% to 3,852.59 and the more tech-biased NASDAQ index was off by 1.4% having earlier lost as much as 3% of its value. The UK unemployment rate rose to 5.1% in the three months through December, as expected, up from 5.0% previously. Banking giant HSBC fell 1% to 427.3p as it reported a 34% drop in annual profit owing to higher credit losses and lower interest rates.

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