Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- WH Smith lowered its profit outlook and set out a plan to raise capital as the fallout from the conflict in the Middle East weighs on sales at the retailer’s network of airport stores.
- HSBC and Standard Chartered fall in HK, tracking losses in their London-listed shares, as JPMorgan analysts said new regulations in China will make entry of net new money to private banking harder than previously expected because of higher compliance costs and due diligence requirements.
- BT shares fall as much as 8.4% after the Financial Times reported that VodafoneThree tabled a bid for consumer operations of TalkTalk, which mostly relies on BT’s Openreach network for broadband services.