Standard Chartered's London Shares Hit Nine-Year High -- Market Talk

Dow Jones10-30

0958 GMT - London-listed shares in Standard Chartered hit their highest price since August 2015. The Asia-focused bank's third-quarter results beat expectations and it promised $8 billion in shareholder returns for 2024-26. The guidance lift is the real catch, JP Morgan analysts say. The lender raised expectations for operating income growth to up to 10% from above 7%. It previously raised guidance in July. No changes in its net interest income outlook reflect confidence in its other income view. Shares are up 3.4% at 906 pence and have gained 36% year to date. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

October 30, 2024 05:58 ET (09:58 GMT)

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Shares are up 3.4% at 906 pence and have gained 36% year to date. 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The Asia-focused bank's third-quarter results beat expectations and it promised $8 billion in ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1231","symbol_name":"综合性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479765912","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479765912","pubTimestamp":1730282280,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0958 GMT - London-listed shares in Standard Chartered hit their highest price since August 2015. 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