On this episode of Stock Movers:
- HSBC unexpectedly appointed Brendan Nelson as its next chair, choosing an insider to replace hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade.
- Qatar’s sovereign wealth fund sold a stake worth about £266 million ($352 million) in J Sainsbury Plc, bringing an end to its near two-decade run as the largest shareholder in the supermarket.
- Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers.

On this episode of Stock Movers: - HSBC unexpectedly appointed Brendan Nelson as its next chair, choosing an insider to replace hard-charging financier Mark Tucker who has led Europe&rsquo;s largest lender for much of the last decade. - Qatar&rsquo;s sovereign wealth fund sold a stake worth about &pound;266 million ($352 million) in J Sainsbury Plc, bringing an end to its near two-decade run as the largest shareholder in the supermarket. - Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that&rsquo;s hitting many of its peers.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

HSBC Down, Sainsbury's Dips, Inditex Soars

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/21e898f6-72cc-4703-90b2-b3a800a7c908/transcript

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