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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: 55.78
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 -

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London close: FTSE 100 flat despite gains in banking sector

Fri, 29th Nov 2013 16:35

- Markets flat despite banking strength- Volumes pick up but still on the low-side- German, US markets continue to set new highstechMARK 2,673.94 +0.22%FTSE 100 6,650.57 -0.06%FTSE 250 15,466.56 +0.23%UK markets finished broadly flat on Friday despite trading volumes picking up slightly following a quiet day yesterday, as investors turned cautious before the weekend and month-end.Even though there were some strong gains in the banking sector, the FTSE 100 was 3.9 points lower at 6,650.57 by the close, meaning that index finished down 80.86 (-1.2%) for the month of November.In contrast, the DAX 30 in Germany continued to set new all-time highs today with sentiment being lifted by an unexpected dip in Eurozone unemployment last month. The jobless rate in the single currency region fell to 12.1% in October from a record high of 12.2% US stocks also started strongly today as Wall Street re-opened after Thanksgiving with retail stocks lifting benchmarks to new highs on what is set to be a shortened trading session as Black Friday takes place. Retailers are hoping that customers will be enticed with special deals to mark the start to the holiday shopping season. The Dow Jones Industrial Average and S&P 500 look set to close at fresh records when Wall Street closes at 13:00 Eastern time."This [week] could [...] be seen as the calm before the storm, with a huge amount of data being released next week, including the big daddy itself, the non-farm payrolls figure," said Market Analyst Craig Erlam from Alpari. "This could potentially be the difference between a Fed taper in December or the first quarter of 2014. We also have a few central bank meetings, making next week a massive one for the markets," he said.Banks climb on capital hopesBanking stocks closed mostly higher today after the Prudential Regulation Authority eased capital rules slightly for lenders. The new regulations will allow banks to count a broader range of capital instruments in calculating their capital buffers than had originally been estimated. Meanwhile, analysts at Investec said today that Thursday's changes to the Funding for Lending Scheme by the Bank of England - to focus on business lending rather than mortgages - will lead to an increase in mortgage pricing, "but that's good news for the banks".Barclays was a strong performer today with Investec reportedly saying that concerns over further capital issuance at the bank in 2014 should "all but evaporate". Lloyds and Standard Chartered also finished higher, while HSBC fell into the red.Housebuilders were in the red again for the second day after the government announced yesterday that it would be changing its Funding for Lending Scheme to focus on small businesses, rather than mortgage lending. Persimmon, Taylor Wimpey, Bellway and Barratt Developments were all extending losses.Credit checking group Experian was also trading lower this morning after analysts at Goldman Sachs downgraded their rating on the stock to 'sell' and cut their target price from 1,220p to 985p.Finnish nickel miner Talvivaara Mining's share price rocketed by over 40% after its application for a court-supervised restructuring to avoid bankruptcy was accepted.Speedy Hire plummeted after its Chief Executive resigned following the revelation of a £5m hole in its books.FTSE 100 - RisersBarclays (BARC) 271.70p +2.30%Randgold Resources Ltd. (RRS) 4,346.00p +1.99%Aggreko (AGK) 1,605.00p +1.97%AstraZeneca (AZN) 3,513.50p +1.78%Whitbread (WTB) 3,567.00p +1.36%William Hill (WMH) 385.60p +1.18%easyJet (EZJ) 1,424.00p +0.92%Babcock International Group (BAB) 1,310.00p +0.92%London Stock Exchange Group (LSE) 1,627.00p +0.74%Travis Perkins (TPK) 1,796.00p +0.73%FTSE 100 - FallersExperian (EXPN) 1,127.00p -2.76%Anglo American (AAL) 1,349.00p -1.89%Royal Bank of Scotland Group (RBS) 327.20p -1.71%SSE (SSE) 1,327.00p -1.63%BAE Systems (BA.) 427.40p -1.29%Wolseley (WOS) 3,297.00p -1.20%Resolution Ltd. (RSL) 342.10p -1.18%Vedanta Resources (VED) 885.00p -1.17%Rexam (REX) 499.60p -1.07%Weir Group (WEIR) 2,142.00p -1.06%FTSE 250 - RisersIP Group (IPO) 192.00p +5.49%Computacenter (CCC) 670.00p +4.20%Marston's (MARS) 149.70p +4.18%Euromoney Institutional Investor (ERM) 1,243.00p +4.02%Crest Nicholson Holdings (CRST) 357.00p +3.48%Betfair Group (BET) 1,043.00p +3.27%Carpetright (CPR) 602.00p +3.26%Rentokil Initial (RTO) 106.10p +3.21%Michael Page International (MPI) 475.00p +3.10%UDG Healthcare Public Limited Company (UDG) 313.00p +3.06%FTSE 250 - FallersCranswick (CWK) 1,141.00p -2.89%Enterprise Inns (ETI) 138.00p -2.75%Hochschild Mining (HOC) 142.10p -2.34%Polymetal International (POLY) 533.50p -1.84%Perform Group (PER) 439.00p -1.79%Menzies(John) (MNZS) 777.00p -1.65%Fidessa Group (FDSA) 2,113.00p -1.54%Smith (DS) (SMDS) 305.50p -1.52%NMC Health (NMC) 407.30p -1.50%Big Yellow Group (BYG) 478.80p -1.48%BC
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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.

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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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