Royal Bank Of Scotland Share Discussion Threads

[smurfy2001] 09/3/2020 13:49

DOW re-opened down 2290pts incredibly volatile.

[smurfy2001] 09/3/2020 13:47

BREAKING NEWS: Trading is halted after Dow plunges more than 1,700 points in coronavirus 'pandemonium' and 'one-two punch' of Saudi Arabia launching an oil price war with Russia

[tomboyb] 09/3/2020 13:44

Dow suspended -

[smurfy2001] 09/3/2020 13:43

DOW futures down 2256 pts !

Source:

FTSE 100
5923.3
5925.3
-547.1

Germany 30
10580.5
10582.5
-973.3

Wall Street
23607.6
23610.8
-2256.0

[leedskier] 09/3/2020 13:41

So no social distancing measures at this point in time.

[leedskier] 09/3/2020 13:40

The UK remains in the "containment" phase of the government's coronavirus plan, but the disease is likely to spread in a "significant way", Boris Johnson's spokesman has said.

London Evening Standard.

[action] 09/3/2020 13:30

Not yet.Lol.Just to let you know that it may still go down.Lloyds share price hit below 40p.Now punters are calling for 25p..DYOR.

[cfc1] 09/3/2020 13:27

shame they are not buying their own shares back with that £5B!!

[leedskier] 09/3/2020 13:17

Natwest today said it will pledge £5bn of funding to support small and medium-sized businesses across the UK amid disruption caused by the coronavirus outbreak.

The bank, which recently rebranded from RBS, said the cash injection will mark an extension of its existing growth funding package, which provides support and practical advice for businesses.

This is a breaking news story. More follows.

Cityam

[leedskier] 09/3/2020 12:41

RBS pulls back fossil fuel investments as green deals grow


Figures show bank cut investments by 70% in oil and gas firms in 2015 and doubled UK green energy loans to £1bn a year

[smurfy2001] 09/3/2020 12:37

ACTION, end of the world then? ;)

[action] 09/3/2020 12:26

Banks are down due to certainty that USA int rate to fall to Zero.Shall oil producers will go to wall if oil price do not recover and so will the bonds issued by them which will again bad news for banks who have exposed to it

[portside1] 09/3/2020 11:51

Well over sold lost all most 50% of its value But the bank is doing fine , exdiv 26th 8p And the share price will go back up to 300p cert

[qantas] 09/3/2020 11:35

Manics and his ferrile mates may like this offer to make some money.



Please do your own research as always.

[smurfy2001] 09/3/2020 11:33

FTSE100 is down 20% since the new year (from peak).

[cfc1] 09/3/2020 11:16

welcome to the UK and dont worry - we wont check you for Coronavirus!

Anyway, its NOT remotely (yet) killing the numbers that flu kills every year.
just pathetic to watch the press and markets overreacting to this virus - sure we might get it but 99% of us will recover - just like flu unless you have underlying health issues.

[polar fox] 09/3/2020 09:16

Worth noting that the share price has already taken out the 148p low in 2016, so that chart support level is gone. I mentioned it last week.

[leedskier] 09/3/2020 08:22

Kyle Rodda of trading firm IG explains:

Markets have gone into panic mode, pure and simple. The fall-out between the Russian and Saudis has lead the Saudis to pledge over the weekend that it will flood the global oil market with supply, in order exert their will over oil prices.

The plunge in the oil price has raised major credit risks in financial markets, which are already reeling from the expected slowdown in global growth because of the coronavirus.

[leedskier] 09/3/2020 08:20

BP and RDSB are both down circa 20%.

[leedskier] 09/3/2020 08:17

It is the oil price drop which is driving the markets today.

[smartie6] 09/3/2020 07:50

The guy has finally gone mad.

[smartie6] 09/3/2020 07:39

And they say brexit was a bad thing.