Standard Chartered Shares Jump 3.5% as London Banks Defy FTSE Slump
Standard Chartered PLC shares rose more than 3% in London on Thursday, outpacing HSBC and Barclays, as investors bought back into the Asia-focused lender a day after a sharp selloff. Hargreaves Lansdown showed Standard Chartered at 2,107p to sell and 2,108p to buy, up 71p, or 3.49%, on delayed prices. The move put the stock ahead of HSBC and Barclays on the day, though all three large UK-listed banks gained.