FTSE 100 today: Index rises as Shell, NatWest wrap busy earnings week By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
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Source: Investing.com
British Stock Market Performance: British stocks opened higher with the FTSE 100 gaining 0.8% and the British pound rising against the dollar, following positive earnings reports from major firms like Shell and Standard Chartered.
Corporate Earnings Highlights: Shell reported a significant increase in Q1 earnings and announced a $3.5 billion buyback; Standard Chartered's profit rose by 10%, while NatWest returned to profitability, contrasting with RBC's downgrade of Watches of Switzerland due to demand concerns.
Analyst Views on NWG
About NWG
NatWest Group plc is a United Kingdom-based banking company. The Company serves customers in England and Wales, supporting them with their personal, private, and business banking needs. It also offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support. Its segments include Retail Banking, Private Banking, Commercial & Institutional, and Central items & other. The Retail Banking segment serves personal customers in the United Kingdom, including Ulster Bank customers in Northern Ireland. The Private Banking segment serves United Kingdom-connected high-net-worth individuals and their business interests. The Commercial & Institutional segment consists of customer businesses reported under business banking, commercial mid-market and corporate & institutions, supporting its customers across the full non-personal customer lifecycle, both domestically and internationally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
