This report aims to provide detailed information onthe development of share prices of HSBC Holdings plc from January 2017 toJanuary 2018. The data is based on a stock report from Yahoo Finance.Trends and movement analysisThe share price of HSBC Holdings plc (HSBA.L) hasgrown steadily over the course of this one year period. Even though there weresome fluctuations, it can be concluded that there was an overall upward trendwith a share price of 765.70£ on the 1rst ofJanuary 2018.In the first quarter, the share prices fluctuatedwith a general upward trend until the end of February.
The share pricemoderately dropped in the beginning of March until mid-April, reaching an ultimate low point of 624£. According to HSBC’s first quarter release,profits decreased because of an adjustment in accounting treatments. (HSBC, 2018) From May onwards, a significantincrease in share prices was detected.
Another HSBC release statementpublicized substantial information on growth in revenues. A 7% increase fromtransaction banking and 17% increase due to synergies with global businesseswas achieved. (HSBC, 2018)In July 2017, HSBC made a publicannouncement of a 71% share buy-back. This resulted in a considerable increasein share prices in the following months. The buy-back was completed by October2017.
Considering some fluctuations in the end of October and November, shareprices grew sharply in December. (HSBC, 2018)Forecast 2018From the findings, it can be concludedthat HSBC’s share is on the market for a much higher value than the start ofthe year. There is a consensus amongst 22 investment analysts with arecommendation to hold stocks in HSBC Holdings plc as share prices will keepfollowing an upward trend. A 5.9% increase is estimated for the upcoming year. (Money.cnn.com, 2018)