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Share Price Information for Legal & General (LGEN)

London Stock Exchange
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Share Price: 228.90
Bid: 228.90
Ask: 229.00
Change: 2.10 (0.93%)
Spread: 0.10 (0.044%)
Open: 227.00
High: 229.10
Low: 227.00
Prev. Close: 226.80
LGEN Live PriceLast checked at -

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London open: Early gains for blue chips

Wed, 12th Jan 2011 08:50

London has pushed on again in early dealings with miners leading the way and a mixed morning so far for retailers.Supermarket giant J Sainsbury had its best Christmas ever, with better than expected sales, a growing market share and a record number of customers despite the snow. Like for like sales excluding fuel rose 3.6% in the 14 weeks to 8 January, or 5.4% including petrol, while total sales grew 6% and 7.5% respectively. Shares in the supermarekt giant are down, though, with Marks & Spencer also under pressure.Miners are the main driver for the index so far today, with good gains for Kazakhmys, ENRC and Vedanta.Life groups are also seeing some buyers, with Prudential, Old Mutual and Legal & General all going well.That could be the result of the end of fund manager Gartmore Group's ill-starred and brief stint as a publicly listed company. The company's board has agreed to a £335.3m takeover by rival Henderson Group in a deal that values each Gartmore share at 92.1p.Centrica's appeal to have competition restrictions lifted from its Rough gas storage facility in the North Sea has been rejected by the Competition Commission.Quality and safety services provider Intertek has paid $6.9m for American Analytical Chemistry Laboratories (AAC Labs), a business that provides laboratory-based food testing in the United States.Conveyor belt maker Fenner has seen a sharp increase in first quarter profitability compared to the same period last year. On the retail front, trendy fashion retailer SuperGroup predicts top-end profits following its best ever Christmas, almost doubling retail sales during the nine weeks to 2 January. Bakery chain Greggs like-for-like sales rose 0.6% over the Christmas trading period while total sales climbed 3.5% as shoppers snapped up hot coffee and mince pies. Mail order was a tough business when the snow hit in December, but N Brown struggled through to lift like-for-like sales by 1.2%. "The extreme weather conditions eventually affected customers who were concerned whether their Christmas orders would be delivered on time," it said.Restaurant Group, which owns the Garfunkel's, Chiquito and Frankie and Benny's chains, expects full-year profits to be "just ahead" of the market consensus.
More News
10 Aug 2022 14:46

BofA says Legal and General dividend 'should not be in any danger'

(Sharecast News) - Analysts at Bank of America Securities reiterated their 'buy' recommendation for shares of Legal&General following the financial services outfit's latest half-year update.

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10 Aug 2022 09:59

LONDON BROKER RATINGS: UBS starts Endeavour Mining at 'buy'

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

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9 Aug 2022 09:29

Rising interest rates boost Legal & General-CEO

LONDON, Aug 9 (Reuters) - Rising interest rates are helping Legal & General's business, its chief executive said on Tuesday as the British life insurer recorded an above-forecast 8% rise in first-half operating profit and said it was on track to meet or beat its financial goals.

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9 Aug 2022 09:07

LONDON MARKET OPEN: Stocks search for direction in flat trading

(Alliance News) - The investment mood in London soured on Tuesday morning, with a disappointing lead from Wall Street compounded by Taiwan raising fears that China will invade the island.

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9 Aug 2022 08:53

REPEAT: Legal & General profit up but volatile markets hit assets

(Alliance News) - Legal & General Group PLC on Tuesday lifted its interim payout as it reported growth in profit and capital generation during what was a "good start" to 2022.

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9 Aug 2022 08:48

TOP NEWS: Legal & General profit up by volatile markets hit assets

(Alliance News) - Legal & General Group PLC on Tuesday lifted its interim payout as it reported growth in profit and capital generation during what was a "good start" to 2022.

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9 Aug 2022 07:54

Legal & General operating profit rises 8%

(Sharecast News) - UK insurer Legal & General lifted interim operating profits on Tuesday, driven by higher interest rates and a strong annuity portfolio performance.

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9 Aug 2022 07:52

LONDON MARKET PRE-OPEN: IHG hotels see demand grow; abrdn assets down

(Alliance News) - Stocks in London were set to open weaker on Tuesday, with a timid session in New York on Monday sapping the positive momentum that had gathered in Europe at the start of the week.

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8 Aug 2022 12:11

LONDON MARKET MIDDAY: Stocks rise as attention turns to US CPI report

(Alliance News) - Stock prices in London were higher at midday after positive employment figures from the US on Friday and export growth from China on Monday, while tensions over Taiwan continued to simmer between the two.

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8 Aug 2022 09:37

LONDON BROKER RATINGS: JPMorgan raises L&G but cuts M&G and Phoenix

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

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8 Aug 2022 09:09

LONDON MARKET OPEN: Stocks rise: PageGroup cautious on outlook

(Alliance News) - Stock prices in London opened higher on Monday as investors prepare for another big week of earnings, while PageGroup shares fell sharply on cautious outlook comments.

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8 Aug 2022 08:18

LONDON BRIEFING: BHP's GBP5 billion approach for Oz Minerals rejected

(Alliance News) - Miner BHP on Monday said that it offered to buy Oz Minerals late last week but that the Oz board rejected its approach.

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8 Aug 2022 08:03

JPMorgan upgrades L&G, downgrades Phoenix

(Sharecast News) - In a note on the UK life insurance sector on Monday, JPMorgan Cazenove upped its stance on Legal & General but downgraded M&G and Phoenix Group.

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8 Aug 2022 06:10

The pound, gilts and renewables: the winners and losers under Britain's future PM

LONDON, Aug 8 (Reuters) - The race to be the next leader of Britain's ruling-Conservative Party and the country's prime minister is into its final leg, with the September outcome likely to shape the fortunes of sterling, gilts and UK stocks in coming months.

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4 Aug 2022 22:30

Liz Truss to set out economic plans to finance sector in bid to lead Britain

LONDON, Aug 4 (Reuters) - Liz Truss, front-runner to be Britain's next prime minister, will set out her economic plans to finance sector officials on Friday, including scrapping legacy EU laws by the end of 2023.

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