Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. 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: 55.40
Bid: 55.00
Ask: 56.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.818%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 55.40
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: FTSE 100 at three-week high after policy meetings

Thu, 05th Sep 2013 17:03

A host of central-bank policy meetings, a dovish tone from Mario Draghi and the continued improvement in US economic data helped lift stocks higher on Thursday, with the FTSE 100 closing at levels not seen in three weeks.London's benchmark index ended the day up 57.7 points at 6,532.44, its highest level since August 14th when it finished at 6,587.43."European equities are enjoying the continued central-bank activism of low interest rates environment sticking around for the foreseeable future," said Market Strategist Ishaq Siddiqi from ETX Capital.The Bank of Japan, Bank of England and European Central Bank (ECB) all decided to keep interest rates on hold and current stimulus measures in place on Thursday. However, stocks extended gains in the afternoon after ECB President Mario Draghi struck a dovish tone in a press conference following the bank's decision, saying that the Governing Council had even discussed a rate cut at this month's meeting but decided against it. Draghi did however raise his expectations for Eurozone growth for this year.A barrage of US economic data came in better than expected this afternoon, supporting the call for the Federal Reserve to begin tapering asset purchases at its next meeting later this month - jobless claims fell more than forecasts, factory orders declined less than expected and the ISM non-manufacturing index smashed estimates.However, given that the Fed has explicitly said that the labour market is a key factor in its decision, analysts will be watching the August employment report - due out on Friday afternoon - very carefully. Consensus estimates are for a 180,000 increase in non-farm payrolls last month, up from the 162,000 gain in July. The unemployment rate is expected to remain unchanged at 7.4%, though this has already fallen speedily from 7.9% in January.Meanwhile, the G20 meeting which began in St Petersburg today was likely on the back of investors' minds, given that a potential US military strike in Syria is expected to be the hot topic amongst world leaders. Michael Hewson, Senior Market Analyst at CMC Markets, said: "while there may not be much in the way of fireworks we could well see a lot of tension, given the opposing views of the US and Russia, over the rationale for any type of intervention."FTSE 100: M&S leaps after HSBC upgradeHigh Street department store Marks & Spencer surged today after HSBC upgraded the stock from 'neutral' to 'overweight', saying it is the most operationally geared among its peers to play on the UK consumer recovery.Hotels group IHG was also a high riser after UBS raised its rating from 'neutral to 'buy' and added the stock to its 'Most Preferred' list. The Swiss bank highlighted alleviated concerns about pipeline after the company added more rooms in the first half and also pointed to improving growth in China and continued strength in the US.Decent August traffic statistics from airline peers easyJet and IAG over the last 24 hours have helped both stocks rebound today after falling heavily yesterday on the back of a profit warning from Ryanair, Europe's largest low-cost carrier.Banks were also performing well with Lloyds, Standard Chartered, HSBC, RBS and Barclays all registering decent gains. Lloyds was being helped higher by reports that the Treasury could delay the sale of its 39% stake until later this year because of ongoing tensions in the Middle East and the Fed's taper plan.Meanwhile, food groups Tate & Lyle and AB Foods were lower after Credit Suisse highlighted concerns about sugar prices falling sooner and more steeply than expected.Pharmaceuticals group GlaxoSmithKline was also in the red after announcing a setback on its potential new skin-cancer treatment during clinical trials.FTSE 100 - RisersPersimmon (PSN) 1,152.00p +3.69%Marks & Spencer Group (MKS) 494.90p +3.38%ITV (ITV) 174.60p +3.07%Lloyds Banking Group (LLOY) 74.77p +2.95%International Consolidated Airlines Group SA (CDI) (IAG) 299.40p +2.89%Kingfisher (KGF) 405.80p +2.86%GKN (GKN) 346.60p +2.70%Standard Chartered (STAN) 1,472.50p +2.58%Wolseley (WOS) 3,383.00p +2.52%Rolls-Royce Holdings (RR.) 1,147.00p +2.50%FTSE 100 - FallersTate & Lyle (TATE) 799.50p -1.60%Croda International (CRDA) 2,607.00p -1.25%GlaxoSmithKline (GSK) 1,652.50p -0.81%British Sky Broadcasting Group (BSY) 851.50p -0.76%Associated British Foods (ABF) 1,829.00p -0.65%G4S (GFS) 254.40p -0.62%Antofagasta (ANTO) 881.00p -0.56%Bunzl (BNZL) 1,365.00p -0.44%Aggreko (AGK) 1,599.00p -0.37%Admiral Group (ADM) 1,260.00p -0.32%FTSE 250 - RisersICAP (IAP) 400.00p +6.70%Dixons Retail (DXNS) 46.88p +5.92%Supergroup (SGP) 1,227.00p +5.87%Imagination Technologies Group (IMG) 279.30p +5.68%Tullett Prebon (TLPR) 382.40p +5.29%Home Retail Group (HOME) 152.50p +5.03%Halfords Group (HFD) 381.00p +4.01%Rentokil Initial (RTO) 107.50p +3.97%Hochschild Mining (HOC) 277.90p +3.89%Galliford Try (GFRD) 1,015.00p +3.73%FTSE 250 - FallersBumi (BUMI) 213.40p -2.87%Countrywide (CWD) 550.00p -2.65%BH Macro Ltd. EUR Shares (BHME) € 20.62 -2.51%Rank Group (RNK) 153.10p -2.48%Dairy Crest Group (DCG) 490.60p -2.17%Ted Baker (TED) 1,920.00p -2.14%esure Group (ESUR) 228.50p -1.93%International Public Partnerships Ltd. (INPP) 128.60p -1.83%NMC Health (NMC) 323.00p -1.79%Enterprise Inns (ETI) 143.40p -1.71%BC
More News
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more
23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

Read more
23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

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

Read more
22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

Read more
4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

Read more
2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

Read more
20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

Read more
19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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.