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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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London close: Financials lift Footsie

Mon, 14th Dec 2009 16:58

Footsie began the week with good gains as the day got off to a strong start following news that Abu Dhabi is to bail out its troubled fellow Emirate Dubai.Investors piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which highlighted the low exposure to Dubai as well as the bullish trading update last week, gave Standard an extra lift.International financial exchange Dubai Bourse has a 20.56% stake in the LSE. Banks that have lent to Dubai World, the stricken conglomerate, will also get some support from the Abu Dhabi central bank.Stronger metal prices were good news for the miners. Lonmin, Xstrata, Eurasian Natural Resources and Antofagasta are going well.But there was bad news for shareholders and travellers as British Airways staff voted in favour of strike action over Christmas in a row over new working practices. The result, said to have been 9 to 1 in favour of strike action, means staff will walk out for 12 days from 22 December. Earlier, fears that the proposed merger with Spain's Iberia could run into trouble rose as BA said its pension deficit had risen to £3.7bn from £2.1bn at the last triennial review in 2006.Whitbread remains a firm favourite though. The hotel, pub and coffee shop group has frothed higher after saying it expects results for the current year will 'somewhat exceed the top end of market estimates' as sales rallied in the third quarter. Revenues moved forward again in the three months to end November, with total sales up 6.7% and like for like sales rising by 0.3%. In the 39 weeks of the year to date, total sales are up 4.3% and like for like sales down 1.7%.Elsewhere, Dairy Milk and Crème Egg maker Cadbury today recommended shareholders reject the bid from processed foods maker Kraft Food, which it says substantially undervalues the company. The UK confectionary giant said Kraft's offer fails to recognise the value of the group's performance to date and the benefits of completing its 'Vision into Action' plan set out in June 2007.Lloyds Banking has received overwhelming backing from investors for its £13.5bn cash call with a take-up of over 95% of the shares on offer. Analysts had expected a strong positive response as the shares were offered on a 1.34 for 1 basis at 37p each, compared to the ex-rights closing price on Friday of 56p.Distribution and outsourcing firm Bunzl has increased revenue by 11% this year so far thanks to currency exchange rates and remains on course to meet full year expectations. The UK blue chip said underlying revenue for the year to 31 December 2009 is down 1% at constant exchange rates, although that's a little better than the growth rate in the first half of 2009.Shares in PartyGaming jumped on reports of a merger on the cards with Austrian rival Bwin. A tie-up would form a £2bn online gaming giant, the reports suggested.Road and infrastructure support contractor Mouchel today confirmed that it rejected two separate takeover approaches from VT Group. The company said it believes, "these approaches to be wholly inadequate and at a level which substantially undervalues the company." Shares in FTSE 250 listed VT, which said it is 'continuing to review its options,' fell back.Shares in support services group Spice tumbled again as it revealed a huge loss a write-off of its social housing gas business. A £42.9m write-down sent the billings group into a loss of £31.5m in the half year to October.FTSE 100 - RisersLondon Stock Exchange Group (LSE) 763.50p +9.94%Standard Chartered (STAN) 1,575.00p +4.34%Whitbread (WTB) 1,380.00p +3.76%Lonmin (LMI) 1,830.00p +3.74%Antofagasta (ANTO) 945.00p +3.22%Tullow Oil (TLW) 1,290.00p +3.20%Anglo American (AAL) 2,636.00p +2.97%Aviva (AV.) 380.50p +2.67%Xstrata (XTA) 1,074.00p +2.58%Man Group (EMG) 317.20p +2.39%FTSE 100 - FallersRexam (REX) 279.10p -2.41%Lloyds Banking Group (LLOY) 55.16p -1.89%Wolseley (WOS) 1,216.00p -1.70%Hammerson (HMSO) 380.00p -1.25%Reckitt Benckiser Group (RB.) 3,239.00p -1.22%British Sky Broadcasting Group (BSY) 572.00p -1.04%G4S (GFS) 253.50p -0.86%InterContinental Hotels Group (IHG) 897.00p -0.72%RSA Insurance Group (RSA) 116.00p -0.60%Centrica (CNA) 264.00p -0.60%FTSE 250 - RisersAshmore Group (ASHM) 273.70p +7.21%BlueBay Asset Management (BBAY) 307.00p +5.14%Logica (LOG) 113.70p +4.12%Forth Ports (FPT) 1,083.00p +4.03%Shanks Group (SKS) 135.20p +4.00%888 Holdings (888) 112.60p +3.78%John Wood Group (WG.) 296.60p +3.67%Gem Diamonds (GEMD) 195.00p +3.61%Punch Taverns (PUB) 80.80p +3.52%PV Crystalox Solar (PVCS) 58.10p +3.20%FTSE 250 - FallersPetropavlovsk (POG) 1,147.00p -3.29%Synergy Healthcare (SYR) 652.00p -3.26%Computacenter (CCC) 248.00p -3.20%Avis Europe (AVE) 22.77p -3.11%VT Group (VTG) 526.00p -2.86%Caledonia Investments (CLDN) 1,535.00p -2.85%Ferrexpo (FXPO) 182.80p -2.77%Telecity Group (TCY) 360.00p -2.41%JPMorgan European Fledgling Inv Trust (JFF) 637.50p -2.22%St. Modwen Properties (SMP) 195.00p -2.21%
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20 Mar 2024 08:44

Paypoint and Lloyds Banking Group extend cards partnership agreement

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5 Mar 2024 09:55

IN BRIEF: Darktrace hires former Trainline HR head as new CPO

Darktrace PLC - Cambridge, England-headquartered cybersecurity company - Hires David Smith as new chief people officer, effective from April 15. Smith joins Darktrace from CPO role, assumed in September 2021, at software-as-a-service platform 10x Banking Technology Ltd. Company says he "has over 15 years' experience...in a range of people roles". These include serving as HR & talent director at Trainline PLC from October 2018 to November 2020. His other previous employers include Lloyds Banking Group PLC and Cleo AI Ltd.

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1 Mar 2024 15:06

London close: Stocks start the month with positive close

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26 Feb 2024 16:09

Director dealings: Lloyds Banking chairman makes share purchase

(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant.

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26 Feb 2024 12:33

IN BRIEF: Lloyds Chair Robin Budenberg buys GBP455,000 in shares

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Chair Robin Budenberg buys 1.0 million shares at GBP0.4549, worth GBP454,925, in London on Friday.

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26 Feb 2024 09:07

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

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23 Feb 2024 10:13

IN BRIEF: Lloyds launches GBP2 billion share buyback programme

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Commences share buyback for up to GBP2 billion worth of ordinary shares. The buyback, conducted by Morgan Stanley & Co International PLC, will run until December 31. Lloyds says that the purpose of the programme is to reduce its ordinary share capital, and the company intends to cancel all repurchased shares.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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22 Feb 2024 16:26

London close: Stocks rise amid raft of solid earnings

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22 Feb 2024 09:59

CORRECT: Lloyds profit rises but books GBP450 million probe provision

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22 Feb 2024 08:24

TOP NEWS: Lloyds profit rises but books GBP450 million probe provision

(Alliance News) - Lloyds Banking Group PLC on Thursday reported an annual profit surge and announced a new share buyback, though it said it has booked a provision in connection to a UK watchdog probe on historic motor finance arrangements.

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22 Feb 2024 07:49

LONDON BRIEFING: Lloyds sets aside GBP450 million for UK motor probe

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22 Feb 2024 07:03

Lloyds FY profit soars, puts aside £450m for motor finance probe

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21 Feb 2024 09:18

Thursday preview: Global PMIs, Lloyds in focus

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