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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 55.56
Bid: 55.64
Ask: 55.66
Change: -0.52 (-0.93%)
Spread: 0.02 (0.036%)
Open: 56.22
High: 56.32
Low: 54.98
Prev. Close: 56.08
LLOY Live PriceLast checked at -

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FTSE 100 movers: Hopes for Greece boost stocks

Fri, 17th Feb 2012 14:32

Miners were in demand today, buoyed by rising metals prices which leapt on optimism over a Greek bailout. The latest reports from the troubled country are pointing to confirmation of the European Central Bank's participation in the debt swap and an increased control over the bailout by Eurozone officials.In particular, the value of gold was being helped by billionaire hedge-fund tycoon John Paulson who has said that now is the time to buy the commodity: "By the time inflation becomes evident, gold will probably have moved, which implies that now is the time to build a position in gold," he said in a letter seen by Bloomberg.Adding to the gains, the World Gold Council yesterday reported that gold demand in 2011 was the highest since 1997, helped by record investment from China. Vedanta Resources leading the way, while sector peers Xstrata followed close behind. Unsurprisingly, financials were getting a boost from Greek optimism, with banking stocks Royal Bank of Scotland, Barclays and Lloyds all higher on the back of hopes that the country's debt crisis could be coming to an end. International engineer group IMI also made the top ten on news it has spent £22m in cash on buying Brazilian isolation valve business Grupo InterAtiva. Meanwhile Tesco, the supermarket giant with a market cap of £25,383m, was falling on the sane day that Nomura cut its target price by 14% saying "the roll-out of Tesco's trial initiatives will take time to change customer perception and behaviour, and as such we expect the newsflow to improve only gradually across 2012." The broker still maintained its buy rating on the stock though.In other news, Tesco was igniting outrage across Britain with a job advert which offered prospective employees a permanent night shift - with no wages. Tesco has claimed the advert, which said the only payment would be job-seeker's allowance and expenses, was a "mistake".FTSE 100 - RisersVedanta Resources (VED) 1,320.00p +5.18%Royal Bank of Scotland Group (RBS) 27.97p +4.56%CRH (CRH) 1,328.00p +4.08%Lloyds Banking Group (LLOY) 35.67p +3.74%Admiral Group (ADM) 994.50p +3.32%IMI (IMI) 957.00p +3.29%Man Group (EMG) 136.10p +3.11%Weir Group (WEIR) 2,028.00p +3.00%Xstrata (XTA) 1,211.50p +2.93%Meggitt (MGGT) 383.80p +2.62%FTSE 100 - FallersAshmore Group (ASHM) 389.80p -2.08%G4S (GFS) 280.40p -1.34%British American Tobacco (BATS) 3,107.00p -1.30%Experian (EXPN) 940.00p -1.21%Tesco (TSCO) 317.50p -0.87%British Sky Broadcasting Group (BSY) 683.50p -0.87%Essar Energy (ESSR) 122.60p -0.81%Reckitt Benckiser Group (RB.) 3,570.00p -0.75%SABMiller (SAB) 2,534.00p -0.72%Shire Plc (SHP) 2,289.00p -0.48%NR
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20 Jun 2024 17:08

Fnality to seek Bank of England permission for intraday repo settlement

LONDON, June 18 (Reuters) - Payments firm Fnality and fintech HQLAX said on Tuesday it would launch a new service by the end of the year for banks to slash the time and financial resources needed for settling sterling-denominated repo trades.

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18 Jun 2024 09:00

Fnality seeks Bank of England permission for intraday repo settlement

LONDON, June 18 (Reuters) - Payments firm Fnality and fintech HQLAX said on Tuesday they would launch a new service by year end for banks to slash the time and financial resources needed for settling sterling-denominated repo trades.

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17 Jun 2024 22:30

UK's Labour pledges to plug gaps left by bank branch closures

LONDON, June 17 (Reuters) - Britain's Labour Party said on Monday it would give regulators new powers to significantly increase the number of 'banking hubs' on high streets if voted into government next month.

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17 Jun 2024 11:23

Home REIT board to consider "more extensive realisation strategy"

(Alliance News) - Home REIT PLC on Monday said it will seek alternative funding sources after it failed to secure a refinancing of an existing loan.

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17 Jun 2024 09:33

LONDON BROKER RATINGS: Goldman Sachs cuts SSP Group to 'sell'

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

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14 Jun 2024 20:54

Acuity RM loss widens; names new finance director

(Alliance News) - Acuity RM Group PLC reported Thursday a widened yearly loss on a rise in costs.

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13 Jun 2024 10:45

Britain's Lloyds Bank consolidates London offices

LONDON, June 13 (Reuters) - Lloyds Banking Group will leave one of its London office sites as part of a consolidation into three remaining premises, the British bank said on Thursday.

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12 Jun 2024 12:08

LONDON MARKET MIDDAY: London up ahead of US Fed and inflation data

(Alliance News) - Stock prices in London were higher at midday Wednesday, ahead of an interest rate decision and inflation data from the US.

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10 Jun 2024 15:36

Britain's payments industry calls for delay and cut in scam compensation rules

LONDON, June 10 (Reuters) - Britain's payments sector on Monday called on its regulator to roll back and delay by a year tough new compensation rules due to start in October, saying that "significant changes" were needed to avoid damaging competition.

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10 Jun 2024 14:07

Britain's payments industry calls for delay and cut in scam compensation rules

LONDON, June 10 (Reuters) - Britain's payments sector on Monday called on its regulator to roll back and delay by a year tough new compensation rules due to start in October, saying that "significant changes" were needed to avoid damaging competition.

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7 Jun 2024 12:05

LONDON MARKET MIDDAY: Europe on the back foot as US jobs report looms

(Alliance News) - Stocks in London retreated on Friday ahead of the US jobs report, leaving the FTSE 100 on track for a fourth consecutive weekly loss.

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31 May 2024 12:59

CORRECT: Watchdog launches inquiry into Nationwide buy of Virgin Money

(Clarifying the acquisition is in cash.)

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31 May 2024 10:03

UK watchdog launches inquiry into Nationwide-Virgin Money merger

(Alliance News) - The Competition & Markets Authority on Friday said it had opened an inquiry into Nationwide Building Society's acquisition of Virgin Money UK PLC, on the grounds that the move could hurt banking competition in the UK.

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31 May 2024 08:34

UK competition watchdog probes Nationwide-Virgin Money deal

May 31 (Reuters) - Britain's competition regulator said on Friday it had started a probe into Nationwide Building Society's proposed 2.9 billion pound ($3.7 billion) all-cash deal to buy Virgin Money UK.

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23 May 2024 10:44

IN BRIEF: Lloyds Banking to redeem USD1.5 billion senior notes

Lloyds Banking Group PLC - Edinburgh-based lender - Issues notice of redemption for entire USD1.50 billion outstanding principle amount of its 3.870% senior callable fixed-to-fixed rate notes due in 2025. Says the outstanding notes will be redeemed on July 9 at 100% of the principle amount together with any accrued but unpaid interest. The notes' listing on the New York Stock Exchange will be cancelled on or shortly after that date.

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