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.
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.