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StanC shares set to rise 8 percent after strong London gains

Published 21/03/2016, 01:41
© Reuters. Taxi drives past Standard Chartered's main branch in Hong Kong
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HONG KONG (Reuters) - Shares in Standard Chartered Plc (L:STAN) are set to start 8 percent higher on Monday, tracking a similar spike in London on Friday.

The reason for the sudden jump wasn't immediately known.

© Reuters. Taxi drives past Standard Chartered's main branch in Hong Kong

Standard Chartered's (HK:2888) shares were indicated to start at HK$55.05 in Hong Kong, while the benchmark Hang Seng share index (HSI) was set to open up 0.3 percent. The London-listed shares of Standard Chartered closed up 7.6 percent on Friday.

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