Royal Bank Of Scotland Share Discussion Threads

[dope007] 21/8/2015 20:59

Leeds stocks rose due to a tsunami of debt. Corrupt politicians and bankers need locking up for good for what they have done the last 20 years or so

[shaws67] 21/8/2015 20:11

Dow 427 points down so far today. Blimey.

[leedskier] 21/8/2015 19:06

Talking of spinning .....FTSE indices nosedived as traders sweated political upheaval in Greece after PM Alexis Tspiras quit, paving the way for another election, placing a multi-billion euros agreed debt bailout in question. Financial stocks were hammered, oilies slipped with crude prices and pharmas paled.At the close, FTSE 100 was down 161.46 points, or 2.54% to 6206.43. FTSE 250 lost 319.58, or 1.85%, to 16,919.8. At 4.39pm, WTI crude was down 2.47% and Brent fell 2.51%. Safe-haven gold was at $1158/oz. Wall St was heavily lower, as was Europe. Lower manufacturing data out of China last night only added to the bleak picture.The mid cap was plumbing levels last seen in February, and the blue chip those last seen in December 2014. Shire (SHP) plummeted 4.85% to 4829p, with others following. GlaxoSmithKline (GSK) shed 2.68% to 1333.75p on agreeing to sell its multiple sclerosis and other auto-immune condition drug for up to $1bn.Financials were ballast. Standard Chartered (STAN) tumbled 3.77% to 784.1p, with other banks trailing. Barclays (BARC) lost 2.87% to 257.55p as a US judged paved the way for class action relating to Libor manipulation. Insurers hit the skids behind Old Mutual (OML), off 3.63% to 197.55p, while investment specialists were piloted south by Schroders (SDR), off 3.54% to 2756pOil outfits tapered with crude and behind BG Group (BG.), down 3.39% to 1003.75p. Property stocks, utilities, retail and supermarkets all queued up thereafter. Just three top-100 stocks made headway, Royal Mail (RMG) rose 1.52% to 477.85p. Shell (RDSA) fell 2.76% to 1690.5p as its unit Sarawak Shell transferred its 50% stake as operator of the MLNG Dua liquefied natural gas plant to Malaysian state oil firm Petroliam Nasional.

[leedskier] 21/8/2015 18:45

The FTSE100 has fallen 8.4% since the 5th of August. That is one hell of a rate of descent. Most, but not all, was on low volumes, but I think volumes have picked in recent days, leading to the absolute hammering this week with the FTSE100 losing nearly 6%.

However it is dressed up and whatever may be claimed to have been the stimulus for this Summer holiday sale, it is on one view an overdue correction.

Whilst some shares, e.g. banks, supermarkets and oil companies, have badly underperformed the index over the last 12 months, there is no doubting that some sectors -- e.g. house builders have been steadily moving up for a number of years.

[dope007] 21/8/2015 18:25

Debt higher sales and profits lower. Loads of downside in stocks. CB's need to go all in stocks

[gcom2] 21/8/2015 17:50

Gonna be one hell of a bounce soon,ftse fallen right onto it's Dec 2014 low.
Question is, next week or the week after?

[shaf200] 21/8/2015 17:02

this dog will go down to 300p... and I'll take up my position then...after that let the rise begin...

[dope007] 21/8/2015 16:40

Looking good

[leedskier] 21/8/2015 16:39

Auction flash crash!!!

[begorrah88] 21/8/2015 16:28

Ah, another end of the world by the looks of it.

That is until some hedgies decide the world isn't ending and run everything back up after having gathered lots of stop losses.

[pal44] 21/8/2015 16:27

well unlike the LLOY BB where that guy keeps on pasting silly downward charts . peaceful here . I suppose in a couple of weeks we may see some green shoots after the fire ball .

[leedskier] 21/8/2015 16:27

Some were amused when I suggested a couple of weeks ago that there was a right shoulder forming on the FTSE chart. They are not laughing now.

[pal44] 21/8/2015 16:16

brown pants day ... Leeds !

[leedskier] 21/8/2015 16:13

US is shorting it

[leedskier] 21/8/2015 16:13

Now off 2.5%.

[leedskier] 21/8/2015 16:10

FTSE100 now off 2.3%.

[leedskier] 21/8/2015 16:08

BP has accumulated a total bill of $43.8 Billion plus costs over its oil spill.

[jazza] 21/8/2015 16:04

Long time, no see, trolley dolly.

Nah, advfn premium a waste of £

[paulfreedman21] 21/8/2015 15:59

jazza, not blue ??

[jazza] 21/8/2015 15:51

Surely a record if so, Leeds.

Meanwhile UK/EU growth picture positive on the back of cheap commodities and little reason to raise rates with inflation consequently tame.

China's slowdown isn't our issue economically, nor should it be on the European markets.

Try telling that to those riding the momentum.

[isis] 21/8/2015 15:49

I think the Fines and PPI from UK Banks is about £50billion now.

That's about the same as a years total Income Tax.

[leedskier] 21/8/2015 15:45

Is it nine back to back days now?