FTSE 100 Falls Led by HSBC

The FTSE 100 fell around 1% on Tuesday, pressured by weakness in HSBC Holdings after disappointing earnings. Shares in the lender dropped more than 5% as first quarter profit missed expectations due to an unexpected fraud related charge in the UK, despite solid performance in its wealth division and Hong Kong business. HSBC said it remains well positioned to navigate global uncertainty, including risks tied to Middle East tensions, and raised its net interest income outlook. Elsewhere, Vodafone rose about 0.8% after announcing it will buy out CK Hutchison’s stake in VodafoneThree for £4.3 billion. Broader sentiment remained cautious as escalating conflict between the US and Iran heightened inflation concerns and added to global market volatility.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




