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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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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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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

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

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7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

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4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

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