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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 midday: Markets edge higher but rangebound

Tue, 21st Jan 2014 11:22

- Unilever rises after annual results- Miners fall as Goldman adjusts metal price forecasts- Credit squeeze eases in China- German ZEW survey weakenstechMARK 2,854.01 +0.01%FTSE 100 6,844.27 +0.11%FTSE 250 16,191.74 -0.22%It was another subdued morning in London with the FTSE 100 trading within a narrow range as UK markets tread water at levels not seen in one and a half decades.Following on from a lacklustre session for financial markets on Monday - given that Wall Street was closed for Martin Luther King Jr. Day - London's benchmark FTSE 100 was trading at 6,844 at midday today, up just 0.1% on the day.However, if the index holds on to these gains, it will surpass last year's closing high of 6,840.27 reached in May 2013, coming within touching distance of the record high of 6,930 hit in December 1999."The UK benchmark broke through the closing highs posted back in May last year on the opening bell, with an intraday high of 6,875 on the same day the only historical resistance to break before taking on all-time high recorded back in 1999," explained Toby Morris, Senior Sales Trader at CMC Markets.Upside for stocks this morning was triggered by a positive finish for Asian markets overnight on the back of an easing of credit conditions in China as the central bank reportedly injected fresh liquidity into the country's large banks to meet demand for cash ahead of Chinese New Year later this month.Investors were largely shrugging off a surprise fall in the German ZEW index on economic sentiment which fell from 62 to 61.7 in January, worse than rise to 64 expected by analysts. The current situation index, however, jumped from 32.4 to 41.2.Unilever jumps, miners fallConsumer products group Unilever was a high riser this morning after reporting underlying sales growth of 4.3% for 2013, helped by strong growth in the emerging markets. Smaller peer PZ Cussons, however, fell after saying that currency headwinds limited growth in its first half.Mining stocks were firmly out of favour due to weakness in metals prices. Investors were also focusing on comments from Goldman Sachs which adjusted its commodity price forecasts for 2014 and beyond. The US bank raised its estimates for zinc, lead and potash; kept iron ore and thermal coal unchanged; but downgraded coking coal and platinum forecasts.As such, Anglo American, the largest producer of platinum in the world, was among the worst performers, followed by Rio Tinto, BHP Billiton, Randgold, Glencore Xstrata and Fresnillo.Bucking the trend was African Barrick Gold as the Tanzania-focused miner beat its own full-year guidance for gold production.Beverages group SABMiller was lower as investors gave a cool reaction to an update on its third-quarter, during which beer volumes rose by a less-than-expected 1%. Financial services group Legal & General was under the weather after HSBC downgraded the stock to 'neutral'. The same bank also reduced its rating for RSA Insurance to 'underweight'.Financial peer Hargreaves Lansdown was being boosted by JPMorgan Cazenove which upped its target price and kept an 'overweight' rating.However, bookmakers Ladbrokes and William Hill were both unwanted after JPMorgan Cazenove raised concerns with potential regulatory restrictions on machine gaming. They said that the restrictions could prompt "material downgrades and significant shop closures" at both companies.FTSE 100 - RisersHargreaves Lansdown (HL.) 1,570.00p +4.04%Intertek Group (ITRK) 3,021.00p +3.89%Unilever (ULVR) 2,524.00p +3.57%easyJet (EZJ) 1,722.00p +2.93%Associated British Foods (ABF) 2,758.00p +2.45%Standard Chartered (STAN) 1,360.00p +2.41%Severn Trent (SVT) 1,689.00p +2.30%Imperial Tobacco Group (IMT) 2,276.00p +2.15%Reckitt Benckiser Group (RB.) 4,774.00p +1.94%British Land Co (BLND) 673.50p +1.81%FTSE 100 - FallersAberdeen Asset Management (ADN) 425.00p -2.39%Rio Tinto (RIO) 3,264.50p -2.14%Weir Group (WEIR) 2,185.00p -1.89%William Hill (WMH) 355.80p -1.71%Anglo American (AAL) 1,370.50p -1.62%Tullow Oil (TLW) 886.50p -1.61%Glencore Xstrata (GLEN) 333.90p -1.21%BHP Billiton (BLT) 1,865.00p -1.14%SABMiller (SAB) 3,060.00p -1.10%Legal & General Group (LGEN) 227.00p -1.05%FTSE 250 - RisersAfrican Barrick Gold (ABG) 212.50p +5.93%JD Sports Fashion (JD.) 1,665.00p +2.46%Greencore Group (GNC) 243.60p +2.22%Supergroup (SGP) 1,578.00p +2.20%Polymetal International (POLY) 582.50p +2.19%Homeserve (HSV) 303.60p +1.91%Barr (A.G.) (BAG) 601.00p +1.86%Dixons Retail (DXNS) 46.84p +1.72%Herald Inv Trust (HRI) 731.00p +1.53%WH Smith (SMWH) 1,030.00p +1.38%FTSE 250 - FallersLadbrokes (LAD) 160.50p -3.72%Ferrexpo (FXPO) 174.30p -3.17%International Personal Finance (IPF) 480.20p -2.91%PZ Cussons (PZC) 386.30p -2.50%Imagination Technologies Group (IMG) 204.50p -2.11%Domino's Pizza Group (DOM) 522.00p -2.06%Entertainment One Limited (ETO) 288.50p -1.87%Rentokil Initial (RTO) 120.40p -1.87%Rathbone Brothers (RAT) 1,686.00p -1.86%Foxtons Group (FOXT) 346.40p -1.84%BC
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8 Mar 2023 07:59

LONDON BRIEFING: UK insurers report mixed results and change chairs

(Alliance News) - Stocks in London are set to open lower on Wednesday, as markets saw any prospect of a dovish pivot from the US Federal Reserve dashed on Tuesday after its chair said rates would likely remain high.

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6 Mar 2023 09:52

Legal & General invests in investment advisory firm ImpactA Global

(Alliance News) - Legal & General Group PLC on Monday said it invested in the women-led investment advisory firm ImpactA Global Ltd for an undisclosed sum.

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6 Mar 2023 00:01

Ex-JPMorgan bankers start emerging market infrastructure investment firm

LONDON, March 6 (Reuters) - Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Legal & General's alternative investments arm.

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1 Mar 2023 15:57

UK earnings, trading statements calendar - next 7 days

Thursday 2 March 
Alfa Financial Software Holdings PLCFull Year Results
Apax Global Alpha LtdFull Year Results
Beazley PLCFull Year Results
Brooks Macdonald Group PLCHalf Year Results
Cairn Homes PLCFull Year Results
Capita PLCFull Year Results
Capital & Regional PLCFull Year Results
Coats Group PLCFull Year Results
CRH PLCFull Year Results
Flutter Entertainment PLCFull Year Results
Funding Circle Holdings PLCFull Year Results
Grafton Group PLCFull Year Results
Haleon PLCFull Year Results
Hunting PLCFull Year Results
ITV PLCFull Year Results
London Stock Exchange Group PLCFull Year Results
Melrose Industries PLCFull Year Results
Metro Bank PLCFull Year Results
National Express Group PLCFull Year Results
Pantheon Infrastructure PLCFull Year Results
PPHE Hotel Group LtdFull Year Results
Schroder AsiaPacific Fund PLCFull Year Results
Schroders PLCFull Year Results
Spire Healthcare Group PLCFull Year Results
Taylor Wimpey PLCFull Year Results
Tritax Big Box REIT PLCFull Year Results
Tyman PLCFull Year Results
Vesuvius PLCFull Year Results
Friday 3 March 
Avation PLCHalf Year Results
Faron Pharmaceuticals LtdFull Year Results
IMI PLCFull Year Results
Pacific Horizon Investment Trust PLCHalf Year Results
Pearson PLCFull Year Results
Rightmove PLCFull Year Results
Monday 6 March 
Amte Power PLCHalf Year Results
BATM Advanced Communications LtdFull Year Results
Craneware PLCHalf Year Results
Murray International Trust PLCFull Year Results (TBC)
Seeing Machines LtdHalf Year Results
Tuesday 7 March 
Ashtead Group PLCQ3 Results
Bank of Ireland Group PLCFull Year Results
Dotdigital Group PLCHalf Year Results
Elementis PLCFull Year Results
Ferguson PLC Half Year Results
Foxtons Group PLCFull Year Results
Fresnillo PLCFull Year Results
Greggs PLCFull Year Results
IWG PLCFull Year Results
Johnson Service Group PLCFull Year Results
Just Group PLCFull Year Results
Keller Group PLCFull Year Results
Origin Enterprises PLCHalf Year Results
Reach PLCFull Year Results
Revolution Bars Group PLCHalf Year Results
STV Group PLCFull Year Results
Tremor International LtdFull Year Results
Wednesday 8 March 
Admiral Group PLCFull Year Results
Bakkavor Group PLCFull Year Results
Breedon Group PLCFull Year Results
CLS Holdings PLCFull Year Results
Darktrace PLCHalf Year Results
Galliford Try Holdings PLCHalf Year Results
Headlam Group PLCFull Year Results
Hill & Smith PLCFull Year Results
Hiscox LtdFull Year Results
Ibstock PLCFull Year Results
IP Group PLCFull Year Results
Legal & General Group PLCFull Year Results
musicMagpie PLCFull Year Results
Netcall PLCHalf Year Results
Quilter PLCFull Year Results
Restaurant Group PLCFull Year Results
SIG PLCFull Year Results
Somero Enterprises IncFull Year Results
Spirent Communications PLCFull Year Results
TClarke PLCFull Year Results
TT Electronics PLCFull Year Results
Tullow Oil PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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20 Feb 2023 20:39

Post-Brexit insurance reform clear before December, says BoE's Woods

LONDON, Feb 20 (Reuters) - The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a long-trailed and disputed reform of their capital rules, saying a "very good sense" of the changes would emerge well before December.

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17 Feb 2023 00:46

Legal & General sues Glencore for investor losses after corruption fallout -FT

Feb 16 (Reuters) - Asset manager Legal & General filed a lawsuit against Glencore in London's High Court last week over investor losses after the mining and commodities group admitted to multiple bribery offences last year, the Financial Times reported on Thursday.

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15 Feb 2023 09:32

LONDON BROKER RATINGS: Bryan Garnier starts Unilever with 'neutral'

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

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14 Feb 2023 09:08

LONDON BROKER RATINGS: Deutsche Bank double-upgrades easyJet to 'buy'

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

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6 Feb 2023 12:23

CORRECT: Frasers could buy British shopping centres for GBP100 million

(Corrects that Mike Ashley is not the chief executive officer of Frasers.)

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6 Feb 2023 09:32

TOP NEWS: Frasers CEO could buy shop centres for GBP100 million -Press

(Alliance News) - The Times on Saturday reported that Frasers Group PLC Chief Executive Officer Mike Ashley is mulling to buy two shopping centres in Great Britain for a total of GBP100 million.

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31 Jan 2023 09:26

LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17

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

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31 Jan 2023 08:05

Berenberg downgrades L&G and M&G to 'hold'

(Sharecast News) - Analysts at Berenberg downgraded insurers Legal & General and M&G from 'buy' to 'hold' on Tuesday, citing high correlation to credit and the UK economy, as well as a lack of organic growth in the latter's asset-management business.

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30 Jan 2023 17:31

FTSE 100 gains ahead of central bank meetings, Unilever up on new CEO

Unilever names Dutch dairy boss Schumacher as CEO

*

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30 Jan 2023 17:00

LONDON MARKET CLOSE: Stocks broadly lower with eyes on central banks

(Alliance News) - Stocks in London closed largely lower on Monday as investors looked nervously ahead to looming interest rate decisions from a number of central banks.

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30 Jan 2023 12:14

LONDON MARKET MIDDAY: Stocks fall ahead of busy week for central banks

(Alliance News) - Stock prices in London were down on Monday around midday, as investors anxiously look ahead to three crucial interest rate decisions that will be announced later this week.

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