Shares of Lloyds Banking Group PLC (LSE: LLOY), Barclays PLC (LSE: BARC), NatWest Group PLC (LSE: NWG), and HSBC Holdings PLC (LSE: HSBA) all traded lower during Friday’s early session due to uncertainty surrounding potential disruptions caused by a global IT outage.
An overnight cloud services outage created chaos in the US. Shortly after this issue was resolved, significant IT problems hit Australia, which now seems to have spread to Europe.
In the UK this morning, viewers expecting to watch Sky News at 6 am were met with a static message apologizing for a ‘disruption’ to the service.
The London Stock Exchange’s regulatory news service (RNS) is down, though trading on the LSE continues.
Several stock trading apps and platforms are also affected.
Amidst the uncertainty, NatWest and HSBC shares fell by 1.16% and 1% to 332.4p and 657.2p respectively. Barclays shares dropped 0.8% to 226.75p, while Lloyds shares decreased by 0.5% to 58.96p.
According to Downdetector.co.uk, services from Lloyds, NatWest, Barclays, HSBC, Nationwide, Halifax, Santander, Visa, and Mastercard are currently impacted by the IT issues.
