The holdings of Standard Chartered facing Major Risk


Posted October 1, 2012 by martinasmith11

The share of the bank, Standard Chartered is facing a downfall mainly because of the problem of euro zone. In addition to this, the market is also facing a downward phase and the FTSE has also been low.

 
The stocks, that are the shares of the Standard Chartered bank are facing a lot of trouble after Temasek, one of the companies of Singapore has sold of its portion of shares which is around 18 per cent. Temasek is an investment fund in Singapore which has the backing of state. The As they have seen a loss of 3 per cent, so, they are making plans to bring down their portion in the firm by almost 6 billion pounds as far as this lender is concerned.

Although there are talks doing round that they are thinking about selling around 18 per cent of their stakes to the buyers but it is also true that in the present times, they are not having talks with anyone regarding this things. The analysts, who are following this thing, are actually of the thought that the sales of these shares should go on in a better condition.

One of the brokers, Espirito Santo has to say that it is very true that the risk is still hanging all over the sales to the people who are holding the shares of the company; the main reason of this is the overall size of the value of the stake. In just one night only, the price of the share has gone down by almost 2.7 per cent. All this has come because of the target of the overtaking of the interest that has gone high in the Standard Chartered bank. Borrow cash up to £1000 with no credit check, Send a simple text and the required amount will send direct on your bank account visit http://www.textaloan.org.uk/

Oriel Securites was of the view that it is better for the investors that they should take the shares of the banks as there is a lot of uncertainty as far as they can easily but the holdings of the shares of Temasek and is also going to be a good chance in order to buy the stakes.

In a sum total, the investors are quite apprehensive mainly because the market is not showing much of increase or growth the FTSE 100 has done down by 1 figure as well as FTSE 250 has got downwards by almost 4 points.

One of the analysts of the market Alastair McCaig IG Index is of the view that the main reason that the FTSE was not able to go upwards was the trouble that the Chinese data as well as the trouble of euro zone did not get better. He also had to add that the conditions of bailout as well as its requirements of Spain are also not yet clear.
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Issued By Martina Smith
Country United Kingdom
Categories Loans
Tags bank , cash , loans , standard chartered
Last Updated October 1, 2012