Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 224.70
Bid: 225.40
Ask: 225.50
Change: 1.00 (0.45%)
Spread: 0.10 (0.044%)
Open: 224.50
High: 227.40
Low: 222.80
Prev. Close: 223.70
LGEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain's FTSE set for quarterly fall despite appetite for insurers

Mon, 31st Mar 2014 08:25

* FTSE 100 up 0.6 pct

* Insurance firms rally after regulator's "blunder"

* Miners continue strong rally

* Index set for first quarterly fall since June

By Alistair Smout

LONDON, March 31 (Reuters) - UK shares rose on Mondayboosted by appetite for downtrodden insurers and resurgentminers, though the British blue chip index was still set for itsfirst quarterly fall since June.

Insurers rallied, with Resolution, Aviva andLegal & General all up 1 percent to 3.2 percent havingslumped in the previous session.

The life insurance sector fell as much as 7.1 percent onFriday on concerns about the extent of a leaked investigation bya UK regulator, before regaining some of its losses after theregulator said the investigation would be limited.

The shares closed 2.6 percent lower on Friday and therecovery continued on Monday.

"The insurance sector is seeing a bit of a relief rally. Theclarification on Friday afternoon helped the insurance sectorpull back from the lows, but we've only recovered about half ofthe losses," David Madden, analyst at IG, said.

"For as long as this is hanging of the insurance sector,there will be concerns though, even if in the short term we seebargain hunting."

A 3.2 percent rise in Resolution still saw it 4 percent offof its closing price on Thursday.

Miners rose 1.4 percent to take their rallysince March 20 to 5.7 percent.

After a string of weaker data reports from China,expectations are building over possible intervention by thegovernment to boost demand in the world's largest metalsconsumer. The Chinese Premier said last week China could act tosupport infrastructure investment.

Rio Tinto led the miners higher with a 2 percentgain, as Credit Suisse reiterated the stock on its "focus" list.

"Potential for shareholder returns at Rio Tinto is largerand could be sooner than any of its peer group including BHP,"analysts at Credit Suisse wrote in a note.

By 0740 GMT, the FTSE 100 index was up 0.6 percent,or 34.35 points, at 6,649.93, at a two week high.

However, the index was still down 1.5 percent for the yearon the last day of the first quarter, and set for its firstquarterly fall since June last year.

Concerns over the economic impact of ongoing tensionsbetween Russia and the West over Ukraine, as well as weaker datafrom the United States as well as China, hit stocks in the earlypart of the year.

"If you look at the sell-off we've had compared to all thenegative news we have, we would have seen a much worse sell-offif there wasn't underlying strength in this market to startwith," IG's Madden said. (Editing by Andrew Heavens)

More News
14 Apr 2022 16:02

UK dividends calendar - next 7 days

Friday 15 April 
Palace Capital PLCdividend payment date
Monday 18 April 
Ibstock PLC ex-dividend date
Tuesday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
JPMorgan Emerging Markets Investment Trust PLCdividend payment date
Wednesday 20 April 
Glencore PLCex-dividend date
Schroder European Real Estate Investment Trust PLCdividend payment date
Thursday 21 April 
abrdn Asian Income Fund Ltdex-dividend date
Antofagasta PLCex-dividend date
Arbuthnot Banking Group PLCex-dividend date
BAE Systems PLCex-dividend date
Bodycote PLCex-dividend date
Breedon Group PLC ex-dividend date
Essentra PLCex-dividend date
Genuit Group PLCex-dividend date
Gresham Technologies PLCex-dividend date
Highcroft Investments PLCex-dividend date
Hunting PLCex-dividend date
John Wood Group PLCex-dividend date
JPMorgan American Investment Trust PLCex-dividend date
JPMorgan China Growth & Income PLCex-dividend date
JPMorgan Mid Cap Investment Trust PLCdividend payment date
Jupiter Fund Management PLCex-dividend date
Just Group PLCex-dividend date
Legal & General Group PLCex-dividend date
McColl's Retail Group PLCdividend payment date
Micro Focus International PLCex-dividend date
Montanaro UK Smaller Companies Investment Trust PLCex-dividend date
MP Evans Group PLCex-dividend date
Petrofac Ltdex-dividend date
PRS REIT PLCex-dividend date
Rathbones Group PLCex-dividend date
Rio Tinto PLCSpecial dividend payment date
Rio Tinto PLCdividend payment date
Robert Walters PLCex-dividend date
RPS Group PLCex-dividend date
Schroder BSC Social Impact Trust PLCex-dividend date
Schroder European Real Estate Investment Trust PLCex-dividend date
SCS Group PLCex-dividend date
Secure Trust Bank PLCex-dividend date
Spirax-Sarco Engineering PLCex-dividend date
TClarke PLCex-dividend date
Twentyfour Income Fund Ltdex-dividend date
Unite Group PLCex-dividend date
Vitec Group PLCex-dividend date
Weir Group PLCex-dividend date
Wickes Group PLCex-dividend date

Read more
7 Apr 2022 18:20

UK grocer Sainsbury's ups pay for staff in outer London - source

LONDON, April 7 (Reuters) - British supermarket chain Sainsbury's will increase pay for its staff in outer London to the level already achieved by staff in the capital's inner areas, a source close the company said on Thursday after pressure from shareholders.

Read more
28 Mar 2022 09:17

LONDON BROKER RATINGS: HSBC lifts Kingspan; UBS raises Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
18 Mar 2022 09:37

LONDON BROKER RATINGS: HSBC takes positive stance on blue-chip miners

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
16 Mar 2022 09:46

LONDON BROKER RATINGS: SocGen cuts Reckitt; UBS upgrades DS Smith

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
11 Mar 2022 10:21

LONDON BROKER RATINGS: Exane ups Shell; UBS starts Trainline at sell

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon:

Read more
10 Mar 2022 10:00

LONDON BROKER RATINGS: Barclays upgrades Great Portland and CapCo

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday afternoon:

Read more
9 Mar 2022 23:16

UniCredit, BNP Paribas detail hefty Russian exposures as markets rebound

MILAN/LONDON, March 9 (Reuters) - Italy's UniCredit and France's BNP Paribas were the latest banks to set out their Russian exposures, warning of billions of euros in potential costs from the financial fallout from Moscow's invasion of Ukraine.

Read more
9 Mar 2022 15:05

UniCredit, BNP Paribas detail hefty Russia exposures as sector rebounds

MILAN/LONDON, March 9 (Reuters) - Italy's UniCredit and France's BNP Paribas were the latest banks to set out their Russian exposures, warning of billions of euros in potential costs from the financial fallout from Moscow's invasion of Ukraine amid a wider sector rebound on Wednesday.

Read more
9 Mar 2022 11:49

UniCredit, BNP Paribas reassure investors despite hefty Russia exposures

MILAN/LONDON, March 9 (Reuters) - Italy's UniCredit and France's BNP Paribas reassured anxious investors on Wednesday over their respective Russian exposures, despite detailing billions of euros in potential costs from the financial shockwaves of Moscow's invasion of Ukraine.

Read more
9 Mar 2022 09:48

TOP NEWS: Legal & General rises as operating profit meets expectations

(Alliance News) - Legal & General Group PLC on Wednesday reported a double-digit rise in operating profit, matching its own guidance, with the firm attributing its "resilient" performance to its "diversified" business.

Read more
9 Mar 2022 09:05

LONDON MARKET OPEN: Stocks surge after more Russia sanctions

(Alliance News) - European stocks raced ahead at the open on Wednesday with the confirmation of a ban on Russian oil not sapping renewed investor optimism.

Read more
9 Mar 2022 08:14

Legal & General lifts dividend as FY profits rise

(Sharecast News) - Legal & General reported a jump in 2021 profit on Wednesday and lifted its dividend as it benefited from a post-pandemic economic recovery and an easing of restrictions.

Read more
9 Mar 2022 07:58

LONDON MARKET PRE-OPEN: Stagecoach disembarks from National Express

(Alliance News) - Stock prices in London were set to rise at the open on Wednesday but are likely to remain volatile after the US and UK announced Tuesday they are cutting off imports of Russian oil, in the most far-reaching action yet by Western allies to punish Moscow for invading Ukraine.

Read more
2 Mar 2022 16:02

UK earnings, trading statements calendar - next 7 days

Thursday 3 March 
Admiral Group PLCFull Year Results
Avation PLCHalf Year Results
Coats Group PLCFull Year Results
CRH PLCFull Year Results
Darktrace PLCHalf Year Results
Dotdigital GroupFull Year Results
Elementis PLCFull Year Results
Empiric Student Property PLCFull Year Results
Entain PLCFull Year Results
Franchise Brands PLCFull Year Results
Galliford Try Holdings PLCHalf Year Results
Hansard Global PLCHalf Year Results
Hutchmed (China) LtdFull Year Results
ITV PLCFull Year Results
London Stock Exchange Group PLCFull Year Results
Meggitt PLCFull Year Results
Melrose Industries PLCFull Year Results
Mondi PLCFull Year Results
PageGroup PLCFull Year Results
Poolbeg Pharma PLCHalf Year Results
Rentokil Initial PLCFull Year Results
Schroders PLCFull Year Results
Spire Healthcare Group PLCFull Year Results
Synthomer PLCFull Year Results
Taylor Wimpey PLCFull Year Results
Tritax Big Box REIT PLCFull Year Results
Tyman PLCFull Year Results
Friday 4 March 
FBD Holdings PLCFull Year Results
Hammerson PLCFull Year Results
Morgan Advanced Materials PLCFull Year Results
Monday 7 March 
Blackbird PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCFull Year Results
HgCapital Trust PLCFull Year Results
MTI Wireless Edge LtdFull Year Results
Tuesday 8 March 
Ashtead Group PLCQ3 Results
Bakkavor Group PLCFull Year Results
Capital & Regional PLCFull Year Results
Capricorn Energy PLCFull Year Results
Clarkson PLCFull Year Results
ConvaTec Group PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Domino's Pizza Group PLCFull Year Results
Engage XR Holdings PLCFull Year Results
Fresnillo PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Greggs PLCFull Year Results
Gresham Technologies PLCFull Year Results
H&T Group PLCFull Year Results
IWG PLCFull Year Results
John Menzies PLCFull Year Results
John Wood Group PLCFull Year Results
Johnson Service Group PLCFull Year Results
Keller Group PLCFull Year Results
M&G PLCFull Year Results
Made.com Group PLCFull Year Results
Midwich Group PLCFull Year Results
Robert Walters PLCFull Year Results
Wednesday 9 March 
888 Holdings PLCFull Year Results
Alfa Financial Software Holdings PLCFull Year Results
Biffa PLCFull Year Results
Breedon Group PLCFull Year Results
Costain PLCFull Year Results
Foresight Solar Fund LtdFull Year Results
Headlam Group PLCFull Year Results
Ibstock PLCFull Year Results
Kier Group PLCFull Year Results
Legal & General PLCFull Year Results
Network International Holdings PLCFull Year Results
Prudential PLCFull Year Results (at 0400 GMT)
Quilter PLCFull Year Results
Somero Enterprises IncFull Year Results
STV Group PLCFull Year Results
TClarke PLCFull Year Results
TT Electronics PLCFull Year Results
Tullow Oil PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.