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Pin to quick picksLegal & General Share News (LGEN)

Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 246.60
Bid: 247.10
Ask: 247.30
Change: 5.70 (2.37%)
Spread: 0.20 (0.081%)
Open: 245.60
High: 248.10
Low: 244.00
Prev. Close: 240.90
LGEN Live PriceLast checked at -

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London close: Positive finish to week as miners charge higher

Fri, 21st Mar 2014 16:59

- FTSE closes up 15 points at 6,557- Feb UK public sector borrowing slightly ahead of forecasts- Eurozone consumer confidence higher than expectedtechMARK 2,790.85 -0.34%FTSE 100 6,557.17 +0.23%FTSE 250 16,160.11 -0.35%The City ended the week on a positive note, with mining stocks providing a lift and confidence in the Eurozone coming in ahead of predictions. The FTSE 100 closed up 14.73 points at 6,557.17, a gain of 29.28, or 0.45%, on the week. Sentiment was also helped after Fitch Ratings raised its outlook on the US credit rating to 'stable' from 'negative' after Congress suspended the nation's debt limit for more than a year, which reduces the risk of a default.Despite the gains, developments in Ukraine were being closely watched today as Vladimir Putin signed a bill to incorporate Crimea into Russia. The move comes after European Union (EU) and US leaders imposed more sanctions on Russian officials yesterday.President Barack Obama announced yesterday that he would extend financial sanctions to more of Vladimir Putin's 'inner circle', including wealthy supporters and a bank close to the Kremlin. The new sanctions prompted ratings agency Standard & Poor's to revise its outlook on Russian debt from 'stable' to 'negative' due to "rising geopolitical and economic risks".UK public sector borrowing slightly ahead of forecasts in FebruaryThe UK public sector's net borrowing requirement excluding the temporary effects of financial interventions (PSNB ex) for February came in at £9.3bn, according to the Office for National Statistics (ONS).That was the result of a current budget deficit of £6.5bn together with £2.8bn in net investment. The consensus estimate was for PSNB ex to come in at £8.9bn.Eurozone consumer confidence rises more than forecastAcross the Channel, Eurozone consumer confidence rose more than expected in March, the European Commission reported.The flash estimate for Eurozone sentiment climbed to -9.3 from -12.7 in February, surprising analyst who had forecast an increase to -12.4 in March.Miners jump following recent declinesMining stocks were performing well throughout today's session as bargain hunters stepped in following recent weakness in the sector. At Thursday's close, the FTSE 350 mining sector had lost more than 11 per cent over the last four weeks. Anglo American, Antofagasta, and precious metals producer Fresnillo were among the best performers today, along with Rio Tinto and Glencore Xstrata. Intertek was also a strong performer. Citigroup yesterday reiterated its 'buy' rating on the stock following reports the group had increased its exploration and production services in Abu Dhabi after investing in a new facility.Meanwhile, Hargreaves Lansdown and Legal & General Group were both registering losses as the impact of Wednesday's Budget continued to be felt across the annuity market. Some analysts have predicted that the market could fall by as much as £8bn to £4bn by September 2015 after Chancellor George Osborne unveiled plans to do away with annuity pensions income. The statement had resulted in a number of broker downgrades to affected companies. William Hill moved into the red after Credit Suisse lowered its target price from 400p to 395p and UBS reduced its own from 450p to 420p. FTSE 100 - RisersInterContinental Hotels Group (IHG) 1,937.00p +3.80%Fresnillo (FRES) 885.00p +2.13%Intertek Group (ITRK) 3,000.00p +2.08%Centrica (CNA) 337.90p +2.05%Anglo American (AAL) 1,439.50p +1.98%Severn Trent (SVT) 1,888.00p +1.94%HSBC Holdings (HSBA) 605.70p +1.94%United Utilities Group (UU.) 804.50p +1.84%Unilever (ULVR) 2,420.00p +1.81%Amec (AMEC) 1,104.00p +1.66%FTSE 100 - FallersLegal & General Group (LGEN) 206.00p -3.33%Aberdeen Asset Management (ADN) 363.30p -2.86%Hargreaves Lansdown (HL.) 1,414.00p -2.82%Aviva (AV.) 480.30p -2.71%Marks & Spencer Group (MKS) 459.70p -2.44%William Hill (WMH) 339.10p -2.16%Burberry Group (BRBY) 1,390.00p -2.11%Royal Bank of Scotland Group (RBS) 299.10p -2.03%Ashtead Group (AHT) 924.00p -1.81%Lloyds Banking Group (LLOY) 77.37p -1.75%FTSE 250 - RisersXaar (XAR) 896.00p +8.61%AL Noor Hospitals Group (ANH) 985.00p +6.95%Essar Energy (ESSR) 70.15p +6.29%Investec (INVP) 471.00p +5.23%Evraz (EVR) 65.15p +3.33%Northgate (NTG) 560.00p +3.04%Interserve (IRV) 685.00p +2.93%Carphone Warehouse Group (CPW) 339.30p +2.54%Petra Diamonds Ltd.(DI) (PDL) 155.50p +2.37%Fidelity China Special Situations (FCSS) 104.50p +2.25%FTSE 250 - FallersOcado Group (OCDO) 443.70p -6.82%Devro (DVO) 234.90p -5.96%Fidessa Group (FDSA) 2,504.00p -4.24%Kenmare Resources (KMR) 14.07p -4.22%Perform Group (PER) 237.90p -4.07%Berkeley Group Holdings (The) (BKG) 2,536.00p -3.94%Computacenter (CCC) 640.50p -3.47%Kier Group (KIE) 1,637.00p -3.42%Atkins (WS) (ATK) 1,345.00p -3.38%Cairn Energy (CNE) 158.60p -3.29%NR
More News
11 Jul 2023 10:08

Britain's 50-billion pound pensions gamble could put savers in fresh peril

LONDON, July 11 (Reuters) - Britain's financial services industry has broadly cheered fresh government proposals to jumpstart the economy by channelling 50 billion pounds ($64.5 billion) of pension fund cash into fledgling firms, but the plans could backfire on savers, experts said.

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10 Jul 2023 18:00

UK pension funds back next phase of post-Brexit City shake up

Private pensions pledge up to 50 billion pounds

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10 Jul 2023 13:45

Allergy Therapeutics appoints new CFO; interim CFO to leave in August

(Alliance News) - Allergy Therapeutics PLC on Monday said it has promoted Group Financial Controller Shaun Furlong to chief financial officer.

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9 Jul 2023 13:01

Hunt to outline "evolutionary" pension funds investment reforms for UK

(Alliance News) - UK Chancellor Jeremy Hunt will promise "evolutionary not revolutionary" reforms to get pension funds making billions of pounds of riskier investments in fast-growing firms to boost economic growth.

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5 Jul 2023 12:07

LONDON MARKET MIDDAY: Stocks down; eyes on China slowdown, Fed minutes

(Alliance News) - Stock prices in London were lower at midday on Wednesday amid a solidly risk-off mood following a slew of weak economic data, including from the world's second-largest economy.

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5 Jul 2023 10:22

Legal & General confirms five-year targets

(Sharecast News) - Legal & General Group reiterated its five-year growth targets on Wednesday, as it confirmed that recently introduced accountancy changes would not have any impact.

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5 Jul 2023 09:00

LONDON MARKET OPEN: Stocks head lower before Fed minutes

(Alliance News) - Stock prices in London opened in the red on Wednesday, amid fears of slowing growth in China, and escalating tension between the two world's largest economies.

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5 Jul 2023 08:22

TOP NEWS: Legal & General says on track to achieve five-year plan

(Alliance News) - Legal & General Group PLC on Wednesday set out a confident outlook and said it enjoyed a busy first-half of pension risk transfer dealings.

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5 Jul 2023 07:59

LONDON BRIEFING: L&G confident; Supreme wins "significant" vaping pact

(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors assess weaker Chinese economic data, and look ahead to the release of the latest US Federal Reserve meeting minutes.

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30 Jun 2023 10:59

UK life insurers' exposure to Thames Water is 'minimal', Citi says

(Sharecast News) - Analysts at Citi pointed out on Thursday that the UK life insurance sector's direct exposure to Thames Water was "minimal".

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20 Jun 2023 08:33

Lab crunch: British science has nowhere to go

OXFORD, England, June 20 (Reuters) - For Ros Deegan, the thrill of raising $100 million to expand a biotech firm among the dreaming spires of Oxford was soon tempered: unable to find a bigger laboratory, she routinely had to work at home.

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15 Jun 2023 17:15

UK's FTSE 100 rises on energy boost; Informa jumps

ECB raises rates by an expected 25 bps

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15 Jun 2023 11:12

Legal & General new CEO has "hard act to follow" after Wilson's tenure

(Alliance News) - Legal & General Group PLC on Thursday named its new chief executive, but Antonio Simoes has a "hard act to follow."

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15 Jun 2023 09:15

Legal & General hires Santander's Antonio Simoes as CEO

Simoes will join the company on Jan. 1, 2024

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15 Jun 2023 09:10

Santander appoints Castro e Almeida to drive growth in Europe

MADRID, June 15 (Reuters) - Santander said on Thursday it has appointed Pedro Castro e Almeida as regional head for Europe as the Spanish bank bets on this region to drive growth.

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