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STANCHART Rallies 2% to Log 9Yr High against Mkt, Exploring Sale of WRB Biz in Botswana, Uganda, Zambia
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STANCHART (02888.HK) bucked the local market and thrived today (28th), peaking at $95.9. It last jumped up 2.03% to $95.7, logging a record high of more than nine years, on volume of 559,000 shares and turnover of $53.3876 million. STANCHART announced that it is exploring the potential sale of its Wealth & Retail Banking (WRB) businesses in Botswana, Uganda and Zambia, so as to fund incremental investment in its leading wealth management business. AAStocks Financial News |
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