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Frasers Falls, Standard Chartered Declines, Halma Sinks
Published 1 week, 3 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Frasers offered to buy the rest of Hugo Boss AG for about €2 billion ($2.3 billion) as billionaire Mike Ashley seeks to add another fashion brand to his growing collection.
- HSBC and Standard Chartered shares are among the biggest decliners in the Stoxx 600 Banks Index Wednesday, extending their declines since the first concerns about new regulation in China emerged last week.
- Halma falls as much as 12%, the most since 1997, after the UK industrial group’s guidance for its Photonics business fell short of expectations, the key disappointment in an otherwise solid earnings report.
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