Remove ads

Introducing the LemonFools Personal Finance Calculators

21% drop in Santander share price

Clitheroekid
Lemon Quarter
Posts: 1380
Joined: November 6th, 2016, 9:58 pm
Has thanked: 495 times
Been thanked: 1010 times

21% drop in Santander share price

#148686

Postby Clitheroekid » June 28th, 2018, 6:37 pm

I was surprised, to put it mildly, to see on my ii portfolio that the BNC share price had tanked by 21% today - https://www.ii.co.uk/shares/banco-santander-sa/LSE:BNC - but I’ve not been able to find any comment or news as to why this should be.

At first I just assumed it was another example of ii’s general uselessness, but on checking elsewhere it seems the drop is correct.

Has anyone any idea what's caused this?

johnhemming
Lemon Quarter
Posts: 1377
Joined: November 8th, 2016, 7:13 pm
Has thanked: 3 times
Been thanked: 136 times

Re: 21% drop in Santander share price

#148689

Postby johnhemming » June 28th, 2018, 6:46 pm

The drop is correct, but as far as I can see it did not happen today, but recently. I personally thought it was related to the socialists getting some power in Spain.

Itsallaguess
Lemon Quarter
Posts: 2573
Joined: November 4th, 2016, 1:16 pm
Has thanked: 597 times
Been thanked: 1358 times

Re: 21% drop in Santander share price

#148690

Postby Itsallaguess » June 28th, 2018, 6:48 pm

Clitheroekid wrote:
I was surprised, to put it mildly, to see on my ii portfolio that the BNC share price had tanked by 21% today - https://www.ii.co.uk/shares/banco-santander-sa/LSE:BNC - but I’ve not been able to find any comment or news as to why this should be.

At first I just assumed it was another example of ii’s general uselessness, but on checking elsewhere it seems the drop is correct.

Has anyone any idea what's caused this?


I don't think it's dropped 21% today CK....

Whilst the chart you link to shows a 21% drop when looking at the price marked at the top of the page, that price doesn't seem to be reflected in the chart action of the day, or the trades that I've just checked on ADVFN.

It looks to have ended the day around the 405p mark -

https://tinyurl.com/y7mcgpzf

The above would seem to be corroborated by the lack of real news that you'd expect to see regarding such a price drop, so fingers crossed that this is just a data-glitch for you, and you can enjoy the football now!

Cheers,

Itsallaguess

PinkDalek
Lemon Quarter
Posts: 3015
Joined: November 4th, 2016, 1:12 pm
Has thanked: 659 times
Been thanked: 682 times

Re: 21% drop in Santander share price

#148691

Postby PinkDalek » June 28th, 2018, 6:51 pm

Maybe what you are seeing reflects this (rogue?) trade.

28 Jun 2018 16:38:37 Trade price 317.69 Trade quantity 220,000 Sell

From http://investing.thisismoney.co.uk/trad ... er-SA.html

The chart you linked to shows that last trade price and seems to base the 21% day change on that figure.

Dod101
Lemon Quarter
Posts: 1943
Joined: October 10th, 2017, 11:33 am
Has thanked: 342 times
Been thanked: 658 times

Re: 21% drop in Santander share price

#148708

Postby Dod101 » June 28th, 2018, 8:47 pm

Clitheroekid wrote:At first I just assumed it was another example of ii’s general uselessness, but on checking elsewhere it seems the drop is correct.


A serious question. Why do you say 'ii's general uselessness' ? They are quite useful for me which is just as well as they look after a good chunk of my invested assets.

Dod

dspp
Lemon Quarter
Posts: 2434
Joined: November 4th, 2016, 10:53 am
Has thanked: 1485 times
Been thanked: 447 times

Re: 21% drop in Santander share price

#148721

Postby dspp » June 28th, 2018, 10:12 pm

I agree with Dod, iii have been pretty good with me. Not perfect but pretty good.

Re the BNC drop from 480-ish to 420-ish a month ago I cannot see a good reason. It correlates with the politics but that is not necessarily all of the story. I hold them.

regards, dspp

Snorvey
Lemon Quarter
Posts: 1844
Joined: November 4th, 2016, 12:51 pm
Has thanked: 450 times
Been thanked: 592 times

Re: 21% drop in Santander share price

#148727

Postby Snorvey » June 28th, 2018, 10:45 pm

We need an inquisition. A Spa.......sorry.

XFool
Lemon Quarter
Posts: 2480
Joined: November 8th, 2016, 7:21 pm
Been thanked: 145 times

Re: 21% drop in Santander share price

#149624

Postby XFool » July 2nd, 2018, 11:32 pm

Snorvey wrote:We need an inquisition. A Spa.......sorry.

Nobody expects that...


Return to “Banking Sector”

Who is online

Users browsing this forum: No registered users and 1 guest