Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 55.78
Bid: 55.82
Ask: 55.84
Change: -0.60 (-1.06%)
Spread: 0.02 (0.036%)
Open: 56.42
High: 56.66
Low: 55.72
Prev. Close: 56.38
LLOY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Footsie breaks 5,900 as US jobs data excites

Fri, 03rd Feb 2012 16:58

The much-anticipated January employment report from the US Labor Department didn't disappoint, with a better-than-expected increase in non-farm payrolls sending the FTSE 100 vertical in afternoon trading to break through the 5,900 level.The world's largest economy created 243,000 new jobs last month, well above the 150,000 that were being expected. In December, the number of new jobs was 200,000. The unemployment rate fell to 8.3% from December's 8.5%, catching the market by surprise. Meanwhile, the debt saga in Greece rumbled on with mixed signals being circulated all week. Now, it seems, a meeting of Eurozone finance ministers scheduled for Monday has now been postponed, as discussions between the Greek government and private creditors prove "very difficult", according to finance minister Evangelos Venizelos.Greek daily Ekathimerini has reported that the country's Prime Minister Lucas Papademos has threatened to resign if the country's political parties do not support the new fiscal austerity measures requested by the "troika" (European Union, European Central Bank, and International Monetary Fund). In domestic news, the National Institute of Economic and Social Research (NIESR) predicts that the UK may fall back into recession this year, with gross domestic product expected to fall by 0.1%.ADMIRAL, BT AMONG THE RISERS ON THE FOOTSIE Insurance group Admiral rose strongly after extending its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re until 2014. "Reinsurance has been at the core of Admiral's successful business model since 2000 and we look forward to continuing our mutually beneficial relationships with our partners for many years to come," said Chief Executive Officer Henry Engelhardt. Telecoms giant BT saw profits jump 48% in the third quarter, as the firm announced that it now expects to achieve its EBITDA target of above £6,000m this year, rather than in 2013. Shares in Tullow Oil rose after the firm signed two new production sharing agreements (PSAs) with the government of Uganda, covering the EA-1 and Kanywataba licences in the Lake Albert Rift Basin. Tullow will now finalise arrangements with CNOOC and Total for completion of the farm-down and the related transfer of monies as soon as possible, the statement said. Banking peers Lloyds and Barclays were 5% and 4% higher, respectively, while fellow lender Royal Bank of Scotland rose a lesser 1% after Deutsche Bank downgraded the stock from buy to hold. Xstrata and Glencore were making gains a day after announcing that they are in talks about a merger of equals to create a giant company valued at around £52bn (in market capitalisation terms at least). FTSE 250: MISYS BACK IN PLAY Bid speculation seems to permanently surround financial software provider Misys of late and it appears that there is no smoke without fire, as the group has confirmed it is in talks with a suitor. Shares edged higher. Bumi, the Indonesian coal miner, hit a bum note with shareholders who have demanded a meeting to request a meeting to persuade their fellow shareholders to boot out co-Chairman Nathaniel Rothschild along with a number of other members of the board. Specialist bank and asset manager Investec was flat after saying that assets under management excluding a contribution from the recently-acquired Evolution Group declined in the nine months to December 31st. Electrocomponents was in the red after seeing revenue growth slow down. Revenues in the four months to January 31st rose by 4%, but were only 1% higher in January alone. Small cap computer gaming retailer GAME Group was a big mover, surging over 20% after it confirmed revised terms have been agreed with its lenders. The group also cheered investors by indicating that losses in the year to January 31st, 2012, will not be as severe as feared. BCFTSE 100 - RisersAdmiral Group (ADM) 1,038.00p +7.90%Man Group (EMG) 136.70p +7.81%Smiths Group (SMIN) 1,017.00p +5.94%Lloyds Banking Group (LLOY) 34.39p +5.07%ITV (ITV) 79.35p +4.75%Glencore International (GLEN) 482.55p +4.52%Xstrata (XTA) 1,283.00p +4.27%Barclays (BARC) 237.45p +4.19%Old Mutual (OML) 157.80p +4.16%BT Group (BT.A) 214.00p +3.93%FTSE 100 - FallersPetrofac Ltd. (PFC) 1,474.00p -1.40%BG Group (BG.) 1,425.00p -0.49%Polymetal International (POLY) 1,165.00p -0.43%Randgold Resources Ltd. (RRS) 7,400.00p -0.27%Royal Dutch Shell 'A' (RDSA) 2,261.00p -0.18%Royal Dutch Shell 'B' (RDSB) 2,294.50p -0.13%FTSE 250 - RisersHays (HAS) 85.75p +7.25%Kesa Electricals (KESA) 75.00p +6.38%Home Retail Group (HOME) 117.10p +6.17%Ophir Energy (OPHR) 317.50p +5.94%3i Group (III) 205.20p +5.45%Regus (RGU) 107.80p +5.38%Dixons Retail (DXNS) 14.39p +5.04%Chemring Group (CHG) 425.00p +4.99%Oxford Instruments (OXIG) 995.00p +4.90%Barratt Developments (BDEV) 119.90p +4.90%FTSE 250 - FallersBumi (BUMI) 850.00p -4.49%Carpetright (CPR) 583.50p -4.34%Premier Farnell (PFL) 210.00p -3.85%Centamin (DI) (CEY) 98.05p -2.53%Shanks Group (SKS) 110.50p -2.21%Brewin Dolphin Holdings (BRW) 151.70p -2.13%SDL (SDL) 656.00p -2.09%Savills (SVS) 354.40p -1.96%Rank Group (RNK) 134.90p -1.96%WH Smith (SMWH) 527.50p -1.77%
More News
14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

Read more
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.

Read more
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.

Read more
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:

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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

Read more
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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.