George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

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: 254.40
Bid: 254.60
Ask: 254.70
Change: -1.10 (-0.43%)
Spread: 0.10 (0.039%)
Open: 254.60
High: 255.50
Low: 253.10
Prev. Close: 255.50
LGEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Modest gains as US struggles

Thu, 09th Jul 2009 16:33

Equities held onto gains despite a lacklustre final session as Wall St struggled to make headway. Mining stocks continue to dominate the list of risers. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold miner Randgold Resources to "hold" from "buy". Elsewhere in the sector Anglo American jumps on hopes that Xstrata will bow to institutional pressure and pay a premium for control of Anglo should it launch a bid. Among the sector's second liners Peter Hambro is wanted after Citigroup issued a "buy" note. Broker comment also lifts retailers Marks & Spencer and Home Retail, both of which have been raised to "buy" from "hold" by Citigroup. Car insurance group Admiral sails higher after Bank of America moved its stance from "hold" to "buy" while general insurer Legal & General gets a boost from Morgan Stanley, which has upgraded the stock from "equal weight" to "overweight", saying insolvency fears have been overblown. Cairn Energy is the worst performing blue-chip on fears that its Indian subsidiary may be caned by a new "surface rent" tax on oil and gas producers that has been proposed by the Rajasthan state government. In corporate news, shares in Associated British Foods fell after year-on-year growth slowed in the third quarter of its financial year. The group as a whole saw revenue rise 19% in the 40 weeks to 20 June, but growth slowed in the third quarter, with revenues rising just 15%. Housebuilders have been making an attempt to wrench attention away from mining stocks. Barratt Developments said it remains cautious about the outlook and will continue to match work in progress to demand, whilst reducing debt and controlling costs.Smaller rival Redrow said trading results are expected to be around the lower end of analysts expectation in light of the extreme trading conditions experienced in the year. The group legally completed 2,113 new homes in the 12 months ended 30 June 2009 (2008: 3,925), in line with its expectations. Housebuilder and contractor Galliford Try said results for the full year are expected to be in line with company forecasts as the pickup in the UK housing market continues. Fund manager Man Group reported a slight dip in assets under management in the first quarter as customers withdrew funds, but said it is well placed to grow market share. Recruiter Hays said it has been another tough quarter with demand continuing to weaken in both its temporary and permanent placement businesses. Engineering IT systems provider Aveva hits the skids after Exane BNP cut the stock to "neutral" from "outperform" after Aveva said it has started to see the anticipated decline in initial licence sales in the marine sector. Defence firm Cobham has won a $32m contract from the US Navy to provide low band transmittersIn a similar vein, Air New Zealand has placed an order with aero engine giant Rolls-Royce for Trent 1000 engines to power its Boeing 787-9 aircraft. Online poker firm PartyGaming said revenue since 6 April has been in line with that achieved in the first quarter, though full-year distribution costs are expected to be slightly higher than forecast.Genus said it saw further weakness in the North American dairy market in the final quarter caused by low milk prices but still expects a strong increase in profits for the year. The boards of property groups Segro and Brixton have agreed the terms of their merger. IT services firm Morse slides after it said revenue from continuing operations is expected to be slightly below that reported in the first six months.FTSE 100 - RisersFresnillo (FRES) 487.00p +10.06%Anglo American (AAL) 1,651.00p +5.60%Xstrata (XTA) 609.80p +3.87%Rio Tinto (RIO) 1,967.00p +3.77%Vedanta Resources (VED) 1,316.00p +3.62%FTSE 100 - FallersAviva (AV.) 291.00p -3.96%Autonomy Corporation (AU.) 1,322.00p -3.01%ICAP (IAP) 421.50p -2.20%Hammerson (HMSO) 279.00p -2.11%Wolseley (WOS) 1,066.00p -1.93%FTSE 250 - RisersHochschild Mining (HOC) 299.50p +10.11%PV Crystalox Solar (PVCS) 80.00p +8.11%Genus (GNS) 501.00p +7.28%Domino Printing (DNO) 245.25p +5.83%Peter Hambro Mining (POG) 559.00p +5.67%FTSE 250 - FallersPayPoint (PAY) 448.75p -7.76%Redrow (RDW) 201.00p -5.41%Punch Taverns (PUB) 85.00p -4.49%Forth Ports (FPT) 940.50p -4.37%Melrose Resources (MRS) 259.00p -4.07%
More News
Today 09:35

LONDON BROKER RATINGS: Aviva and L&G cut; mixed calls on Diploma

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

Read more
Today 08:58

LONDON MARKET OPEN: FTSE 100 rises; JD Sports jumps as affirms outlook

(Alliance News) - The FTSE 100 in London opened up on Thursday on the final trading day of a holiday-shortened week, shaking off some hawkish words from a US central banker and some tepid UK economic data.

Read more
Today 08:08

LONDON BRIEFING: JD Sports backs outlook; Spirent accepts new offer

(Alliance News) - Stocks in London traded higher early on Thursday in the final trading day of a holiday-shortened week, despite some hawkish words from a US central banker.

Read more
22 Mar 2024 07:21

Legal & General scales back China plans - report

(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday.

Read more
14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

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

Read more
14 Mar 2024 07:52

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

Read more
6 Mar 2024 15:02

London close: Stocks finish higher after Hunt's Spring Budget

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, as investors absorbed the Chancellor's Spring Budget announcement of a 2p reduction in National Insurance.

Read more
6 Mar 2024 08:56

LONDON MARKET OPEN: Stocks up with all eyes on UK Spring budget

(Alliance News) - Stock prices in London opened higher on Wednesday, as investors shook off nerves ahead of the UK Spring budget.

Read more
6 Mar 2024 08:40

TOP NEWS: L&G prepares for strategic revamp after profit shortfall

(Alliance News) - Legal & General Group PLC's new chief executive on Wednesday flagged a fresh start for the insurer after operating profit in 2023 fell short of market estimates.

Read more
6 Mar 2024 07:25

L&G posts below-forecast operating profits

(Sharecast News) - UK insurer Legal & General posted lower-than-expected operating profits last year amid tough market conditions.

Read more
1 Mar 2024 16:14

PRESS: Legal & General hires advisers ahead of new strategic push

(Alliance News) - Legal & General Group PLC has hired new advisers to help recently appointed Chief Executive Antonio Simoes with a strategic overhaul, Reuters reported on Friday.

Read more
28 Feb 2024 15:47

UK earnings, trading statements calendar - next 7 days

Thursday 29 February 
Cairn Homes PLCFull Year Results
CVS Group PLCFull Year Results
Drax Group PLCFull Year Results
Haleon PLCFull Year Results
Hammerson PLCFull Year Results
Howden Joinery Group PLCFull Year Results
Hunting PLCFull Year Results
International Biotechnology Trust PLCFull Year Results
International Consolidated Airlines Group SAFull Year Results
London Stock Exchange Group PLCFull Year Results
Macfarlane Group PLCFull Year Results
Man Group PLCFull Year Results
Mobico Group PLCFull Year Results
Nexus Infrastructure PLCFull Year Results
Ocado Group PLCFull Year Results
PPHE Hotel Group LtdFull Year Results
Schroder Oriental Income Fund LtdFull Year Results
Schroders PLCFull Year Results
Serco Group PLCFull Year Results
Shaftesbury Capital PLCFull Year Results
Spectris PLCFull Year Results
Spire Healthcare Group PLCFull Year Results
Vesuvius PLCFull Year Results
Weir Group PLCFull Year Results
Friday 1 March 
IMI PLCFull Year Results
Pearson PLCFull Year Results
Rightmove PLCFull Year Results
Tritax Big Box REIT PLCFull Year Results
Monday 4 March 
Clarkson PLCFull Year Results
Craneware PLCHalf Year Results
GlobalData PLCFull Year Results
Quartix Technologies PLCFull Year Results
Tuesday 5 March 
Ashtead Group PLCQ3 Results
Bakkavor Group PLCFull Year Results
Beeks Financial Cloud Group PLCHalf Year Results
Blackbird PLCFull Year Results
Dotdigital Group PLCHalf Year Results
Ferguson PLCHalf Year Results
Foxtons Group PLCFull Year Results
Fresnillo PLCFull Year Results
Greggs PLCFull Year Results
Headlam Group PLCFull Year Results
Inchcape PLCFull Year Results
Intertek Group PLCFull Year Results
IWG PLCFull Year Results
Johnson Service Group PLCFull Year Results
Keller Group PLCFull Year Results
Reach PLCFull Year Results
Rotork PLCFull Year Results
SIG PLCFull Year Results
Somero Enterprises IncFull Year Results
STV Group PLCFull Year Results
Travis Perkins PLCFull Year Results
XP Power LtdFull Year Results
Wednesday 6 March 
Breedon Group PLCFull Year Results
Capita PLCFull Year Results
ConvaTec Group PLCFull Year Results
DS Smith PLCTrading Statement
Galliford Try Holdings PLCHalf Year Results
Greencoat Renewables PLCFull Year Results
Ibstock PLCFull Year Results
Lancashire Holdings LtdFull Year Results
Legal & General Group PLCFull Year Results
Netcall PLCHalf Year Results
Nexxen International LtdFull Year Results
Nichols PLCFull Year Results
Quilter PLCFull Year Results
Rathbones Group PLCFull Year Results
Ricardo PLCFull Year Results
Spirent Communications PLCFull Year Results
TClarke PLCFull Year Results
Tullow Oil PLCFull Year Results
CLS Holdings PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Feb 2024 18:45

EXECUTIVE CHANGES: M&C Saatchi hires Channel 4 marketing chief as CEO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

Read more
22 Feb 2024 09:49

LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'

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

Read more
20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

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

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.