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NWG Natwest Group Plc

265.50
2.70 (1.03%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Natwest Group Plc LSE:NWG London Ordinary Share GB00BM8PJY71 ORD 107.69P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.70 1.03% 265.50 265.80 265.90 266.60 263.70 265.00 25,164,662 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 14.77B 4.64B 0.5271 5.04 23.38B

LONDON MARKETS: FTSE 100 Slips At Start Of 2015; RBS Shares Fall

02/01/2015 9:12am

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Natwest (LSE:NWG)
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By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- U.K. stocks slipped Friday, with shares of Royal Bank of Scotland PLC falling after a report the bank may be facing a hefty fine in the U.S.

The FTSE 100 dropped 0.2% to 6,555.75. The benchmark had started higher in the first trading day of 2015, led by a 2.2% advance for energy engineering firm Weir Group PLC after its shares finished 2014 lower by 13%.

But the FTSE 100's gain was short-lived, in part as shares of RBS lost 1.1%. The Times newspaper on Friday said the bank could face fines exceeding 5 billion pounds ($7.77 billion) stemming from its involvement in the sale of bad mortgage-backed debt in the U.S., citing people familiar with the matter.

The FTSE 100 ended 2014 with a loss of 2.7%, the first yearly decline since 2011.

Shares of Lloyds Banking Group PLC , meanwhile, picked up 0.6% after Investec bumped up its rating on the bank to buy from hold. Its shares had dropped more than 12% from their peak in January 2014, but "2015 heralds lower conduct costs and greater predictability of (recovering) underlying earnings," said Investec in a Friday note.

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