Today: 20 May 2026
Standard Chartered PLC share price near 52-week high: Uganda financing and BoE decision in focus
1 February 2026
1 min read

Standard Chartered PLC share price near 52-week high: Uganda financing and BoE decision in focus

London, Feb 1, 2026, 08:58 GMT — The market has closed.

  • Shares of Standard Chartered ended Friday 1.3% higher at 1,862 pence, approaching a recent high.
  • The bank arranged €641.1 million in financing for Uganda’s government infrastructure projects.
  • Upcoming events to watch are the Bank of England’s rate decision on Feb. 5 and Standard Chartered’s earnings report on Feb. 24.

Standard Chartered shares closed Friday up 1.3% at 1,862 pence (£18.62), outpacing the FTSE 100, which rose 0.5%. The stock settled just below its January peak, with roughly 4 million shares changing hands.

London markets are closed for the weekend, setting the stage for a week packed with interest-rate cues. The Bank of England’s next policy decision comes Thursday, Feb. 5—an event traders watch closely as a key moment for UK stocks sensitive to rate moves.

Standard Chartered isn’t just tied to UK retail trends—it moves with global rates and shifts in risk appetite. When investors turn cautious, banks with big cross-border operations often face quick repricing.

Standard Chartered announced on Friday it secured €641.1 million in financing for three Ugandan government projects. The funds will back a power transmission line, road improvements, and water and sanitation infrastructure. Matia Kasaija commented, “These projects will go a long way in supporting Uganda’s development trajectory.” Sujithav Sarangi added the bank was “thrilled to be at the forefront of this transformational financing in Uganda.” Standard Chartered Bank

Standard Chartered kept its deal momentum going, serving as joint lead manager with local banks on Singapore Airlines’ S$500 million notes maturing in 2036. These notes are scheduled to start trading on the Singapore Exchange this Monday.

Investors have a key date to watch later this month. Standard Chartered will announce its Q4 2025 results on Tuesday, Feb. 24. On that day, CEO Bill Winters and CFO Diego De Giorgi will hold a virtual presentation.

Traders will focus on any changes in income momentum, costs, and credit losses during the earnings report, as well as management’s outlook on 2026 demand in its core Asia and Africa markets. Given the stock is near recent highs, even minor surprises could trigger sharper moves.

But the downside risks are clear. A hawkish shift from central banks or a fresh blow to emerging-market sentiment could slam bank valuations fast. And if fee income weakens or impairments climb, investors will zero in on the risk side of the balance sheet again.

London trading kicks off Monday, following a stronger finish for Standard Chartered. The calendar quickly fills up: the Bank of England’s decision on Feb. 5 headlines the macro events, while Standard Chartered’s own test comes with its results due Feb. 24.

Stock Market Today

  • 3 Canadian Stocks to Buy and Hold for 2026 and Beyond
    May 19, 2026, 6:49 PM EDT. Bird Construction (TSX:BDT), MDA Space (TSX:MDA), and CES Energy stand out as resilient TSX stocks for 2026 and beyond amid geopolitical tensions and tariff uncertainties. Bird Construction benefits from Canada's infrastructure boom with an $11.1 billion backlog and nearly $1 billion in industrial maintenance contracts, supporting strong earnings visibility. MDA Space leverages growth in global space economy segments like satellite systems and robotics, backed by a $3.7 billion backlog and a $40 billion opportunity pipeline. These companies' robust fundamentals, strategic positioning, and recurring revenue streams offer investors long-term growth potential and stability in a volatile economic landscape.

Latest articles

Red Robin Shares Rise After Earnings Beat

Red Robin Shares Rise After Earnings Beat

20 May 2026
Red Robin shares surged 15.6% after hours to $4.45 Tuesday, following first-quarter revenue of $378.3 million that beat Wall Street estimates despite a 0.6% drop in comparable sales and a 1.6% decline in guest traffic. Net loss was $2.2 million, or 12 cents per share. The company reaffirmed its 2026 outlook and said refranchising talks are in final stages.
8×8 Jumps on Profit Beat as Margins Stay Under Pressure

8×8 Jumps on Profit Beat as Margins Stay Under Pressure

20 May 2026
8x8 shares rose 14.1% to $2.75 in after-hours trading after reporting fourth-quarter revenue of $185.2 million, up 5%, and adjusted diluted earnings of 11 cents a share. Usage-based revenue grew over 70% year-over-year, making up 23% of service revenue. The company posted GAAP net income of $0.1 million, compared to a $5.4 million loss a year earlier. Fiscal 2027 revenue is forecast at $727 million to $747 million.
JetBlue axes 12 routes; Fort Lauderdale responds

JetBlue axes 12 routes; Fort Lauderdale responds

20 May 2026
JetBlue will end all flights at Manchester-Boston Regional Airport on July 8 and cut nine other East Coast routes, shifting capacity to Fort Lauderdale. The move follows Spirit Airlines’ shutdown and increased competition in South Florida. JetBlue said Fort Lauderdale revenue per seat mile rose 5% in the first quarter. Manchester officials expressed disappointment, noting JetBlue made up no more than 5% of airport traffic.
Renesas stock price: Wolfspeed stake update lands days before Feb. 5 earnings
Previous Story

Renesas stock price: Wolfspeed stake update lands days before Feb. 5 earnings

Opendoor stock slid nearly 8% into the weekend — what OPEN investors watch next
Next Story

Opendoor stock slid nearly 8% into the weekend — what OPEN investors watch next

Go toTop