Markets report: Divi talk fails to lift Standard Chartered

A disappointing set of third-quarter results sent Standard Chartered shares down for a fourth day. It drew a downbeat reception from markets despite beating expectations on profit and dangling the prospect of a resumed dividend. The emerging markets-focused lender posted an underlying profit before tax of $745m (£576m) for the third quarter – down 40pc year-on-year, but higher than predicted. However, analysts flagged a miss of profit with expected credit losses taken into account, a