Royal Bank of Scotland Group plc Sponsored ADR (RBS) is currently at $5.54, up $0.60 or 12.04%

 

-- Would be highest close since July 29, 2019, when it closed at $5.68

-- On pace for largest percent increase since Oct. 27, 2011, when it rose 12.41%

-- Signs of optimism that the U.K. could reach a divorce deal with the European Union drove the pound and U.K bank stocks sharply higher Friday. Sterling climbed as much as 1.7% against the U.S. dollar on talk of a breakthrough between the two sides after months of worsening relations, causing investors to review their bets on the currency losing further value

-- Currently up three consecutive days; up 18.52% over this period

-- Best three day stretch since the three days ending Jan. 6, 2010, when it rose 27.05%

-- Up 8.53% month-to-date

-- Down 0.98% year-to-date

-- Down 97.49% from its all-time closing high of $220.49 on Oct. 12, 2007

-- Traded as high as $5.78; highest intraday level since July 25, 2019, when it hit $5.79

-- Up 17% at today's intraday high; largest intraday percent increase since May 10, 2010, when it rose as much as 18.24%

 

All data as of 2:12:59 PM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 11, 2019 14:37 ET (18:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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