NatWest Group shares jump 5.69% in strong market session
Updated
Updated · MarketWatch · May 6
NatWest Group shares jump 5.69% in strong market session
10 articles · Updated · MarketWatch · May 6
The stock closed at £5.76 on Wednesday as the FTSE 100 rose 2.15% to 10,438.66.
NatWest outperformed the broader market during the upbeat trading day, though its shares remain 18.34% below the 52-week high of £7.05 reached on 4 February.
Trading volume was 15.4 million shares, below the 50-day average of 24.8 million, indicating the rally came on lighter-than-usual turnover.
Is NatWest's stock surge a true recovery or a risky bet before its biggest acquisition test since the 2008 financial crisis?
As NatWest spends billions on wealth management, what will its aggressive new strategy mean for millions of everyday banking customers?