Advertisement
UK markets close in 6 hours 23 minutes

  • FTSE 100

    8,109.00
    +30.14 (+0.37%)
     

  • FTSE 250

    19,814.69
    +212.71 (+1.09%)
     

  • AIM

    755.90
    +2.78 (+0.37%)
     

  • GBP/EUR

    1.1658
    +0.0002 (+0.01%)
     

  • GBP/USD

    1.2525
    +0.0014 (+0.11%)
     

  • Bitcoin GBP

    51,419.55
    +318.22 (+0.62%)
     

  • CMC Crypto 200

    1,388.89
    -7.64 (-0.55%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.70
    +0.13 (+0.16%)
     

  • GOLD FUTURES

    2,359.40
    +16.90 (+0.72%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,054.21
    +136.93 (+0.76%)
     

  • CAC 40

    8,045.92
    +29.27 (+0.37%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

STOCKS NEWS EUROPE-Swedbank falls on profit miss, dividend caution

Reuters - UK Focus

Shares in Swedish bank Swedbank (Other OTC: SWDBF - news) are down 2.5 percent in early trading after announcing a smaller-than-expected hike of its dividend and fourth-quarter earnings below market expectations.

Swedbank says its net profit for continuing operations slid 13 percent to 3.67 billion Swedish crowns ($571 million), missing a mean forecast for 3.96 billion in a Reuters poll of analysts, as a write-down in its portfolio of repossessed real estate weighed.

"Basically it was a headline miss," Berenberg analyst Nick Anderson says. "That seems to have to do with some one-off items (related to) tax and some restructuring costs."

For a full story on the results, please click

Reuters messaging rm://niklas.pollard.thomsonreuters.com@reuters.net