abrdn PLC 1H Loss/Shr 7.7p
By Elena Vardon Abrdn posted a narrower pretax loss for the first half of 2023 as it reported higher-than-expected net outflows and extended its share...
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By Elena Vardon Abrdn posted a narrower pretax loss for the first half of 2023 as it reported higher-than-expected net outflows and extended its share...
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The struggling China economy and results from Glencore, Abrdn and hotels group IHG are in focus for London traders today. China’s imports fell 12.4% year-on-year in July, much worse than the 5% forecast amid the weakening of domestic demand. The trade figures put pressure on Glencore shares in the FTSE 100 index after the commodities giant reported lower half-year earnings.
By Elena Vardon Abrdn posted a narrower pretax loss for the first half of 2023 as it reported higher-than-expected net outflows and extended its share...
Abrdn shares slumped on Tuesday as it reported a drop in assets under management in challenging market conditions and announced a doubling of its share buyback programme.