“HSBC Holdings plc 6-Month Share Analysis”
report is intended to analyze the development of HSBC Holdings plc’s share
prices over a six-month period starting from 20 February 2017 to 31 July 2017.
Data collected from “London Stock Exchange” and “Yahoo Finance” stock reports,
outline the trends and major prices movement within this timeframe which may be
useful to investors in predicting future developments.
Analysis of share prices:
February 20, 2017, HSBC Holding Plc stock was valued at £712.30. However, on
February 21 it fell dramatically to £665.70 due to unexpected economic and
political events such as President Donald Trump’s election and uncertainty
This downward trend
continued until February 27, marking a 62% decline in profits. From this point,
the price started to rise gradually, followed by frequent fluctuations. Afterwards,
the shares experienced again a steep drop, reaching the lowest value of this period
(620.80). Nevertheless, an immediate increase appeared again, showing a
significant improvement of the shares.
on May 4, 2017, HSBC reported a 19% fall in profit to £3.8 billion for the
first quarter which came as a result of a new restructured accounting program.
However, adjusted pre-tax profits went up by 12%, as well as adjusted revenue
by 2%. Since then, the price oscillated considerably until the end of the June.
these occasional fluctuations, the share price soared again, hitting a peak of
£757 on July 31. Such positive results were also reflected in the profit, which
kept climbing up rapidly. This HSBC successful performance was finalized with
“World’s Best Bank Award” by the magazine Euromoney in its annual Awards for Excellence
Regardless of the erratic
variations, HSBC has seen good results overall for the first
half of 2017, experiencing a 5% pre-tax profit growth to £7.8 billion.
Additionally, the second half of 2017 and also the beginning of 2018 have
followed the same pattern of increase, but reaching even higher values in share
prices. Therefore, we strongly believe that HSBC will keep
improving at the same positive pace in the coming months.