Standard Chartered Shares Flat Amid Fed Decision Anticipation
Standard Chartered PLC (STAN.L) traded sideways in London as investors braced for the U.S. Federal Reserve's rate decision. The stock dipped marginally to 1,828.5 pence after opening at 1,853 pence, with just 2 million shares changing hands in early trading—a clear signal of market caution.
European banking stocks remain in holding pattern ahead of key macroeconomic signals. Traders are scrutinizing UK banks' earnings forecasts while awaiting Standard Chartered's full-year results on February 24 for updates on 2026 targets.
The muted activity reflects broader sector trends as financial institutions navigate shifting rate expectations. Despite hovering NEAR 52-week highs, Standard Chartered's performance mirrors the guarded sentiment across global markets during this pivotal policy week.
