HSBC Shares Hover Near Recent Highs as Market Eyes Week Ahead
HSBC shares closed Friday in London at 1,393.60 pence, up 0.91%, ending the shortened trading week 1.4% higher. Hong Kong shares slipped to HK$145.10, while New York ADRs gained $0.79 to $93.74. The bank filed two regulatory notices but issued no major new headlines. HSBC reported Q1 profit before tax of $10.1 billion, with revenue at $19.1 billion.