REMINDER: Our user survey closes on Friday, please submit your responses 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: 53.34
Bid: 53.32
Ask: 53.36
Change: 1.16 (2.22%)
Spread: 0.04 (0.075%)
Open: 52.98
High: 53.40
Low: 52.94
Prev. Close: 52.18
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: Lloyds leads positive finish for FTSE

Thu, 01st May 2014 16:59

- FTSE closes up 28.84 points at 6,808.87- Lloyds leads after strong quarterly performance- UK manufacturing PMI rises to five-month hightechMARK 2,788.41 +0.28%FTSE 100 6,808.87 +0.43%FTSE 250 15,850.34 +0.21%London-listed stocks closed today's session on a positive note, with gains being led by Lloyds as investors welcomed a stronger-than-expected rise in house prices and better-than-forecast UK manufacturing data. The FTSE 100 closed up 28.84 points at 6,808.87. Chris Beauchamp, Market Analyst at IG, said: "The new month has got off to a positive start for the FTSE and other UK markets, although trading is lacking the enthusiasm displayed during previous days. This is probably down to a combination of the absence of 'month end mark up' trading, and caution ahead of non-farm payrolls tomorrow. "Lloyds has added to its gains in the afternoon session, and the results today are likely to boost appetite for the TSB initial public offering among investors, eager to seize another piece of the Lloyds empire."The UK manufacturing purchasing managers' index (PMI) rose to a five-month high of 57.3 in April, up from 55.8 in March and ahead of the consensus forecast of 55.4, driven by increases in output and new orders. The news pushed the pound to an almost five-year high against the greenback at $1.6921, although it later fell back.Meanwhile, UK house prices increased by 1.2% during April to reach £183,577 following several months of moderation, according to mortgage lender Nationwide.That left prices standing 10.9% higher than a year ago, the first double-digit gain in four years. Economists had been expecting gains of 0.5% month-on-month and 9.8% over the year. In other UK macro news, lending to individuals increased by 0.2% over the month, or £2.9bn, to reach £1.44trn, while the average monthly rise over the previous six months was £1.9bn. Net mortgage lending was 0.1% higher on the month, after increasing by £1.8bn (Consensus: £1.7bn), to £1.281trn. US economic data comes in mixedMeanwhile, over in the States, consumer spending and incomes both increased in March, with growth accelerating from the prior month. Spending and incomes rose by 0.9% and 0.5%, respectively, ahead of forecasts."While these data were already incorporated in the first-quarter 2014 advance GDP release, they suggest solid momentum in underlying goods and services spending going into the second quarter of 2014, and we project another 3% increase in consumer spending on the quarter," said Analyst Dean Maki from Barclays.An index measuring activity in the manufacturing sector, as measured by the Institute for Supply Management, rose to 54.9 in April from 53.7 the month before, ahead of the 54.3 forecast.Meanwhile, jobless claims unexpectedly rose to a nine-week high of 344,000 last week from a revised 333,000 the week before, according to data from the Labor Department. The consensus forecast was for a drop to 320,000.Betting terminal recommendations not as bad as fearedThe government today unveiled its report into the high street gambling industry and fixed-odds betting terminals (FOBTs) - and the results are not as bad as feared for bookmakers. The main recommendations from the Department for Media, Conservation and Sport (DMCS) report is to give local councils new powers to control the concentration of betting shops, with bookmaking firms now required to apply for planning permission. William Hill and Ladbrokes were both higher by the close. Lloyds takes top spot after strong Q1 and TSB float newsDomestic lender Lloyds rose into the top spot after saying that underlying profits rose by over a fifth in the first quarter and it continues to expect to apply to regulators in the second half to restart dividend payments. That came as it announced TSB bank is due to float in London before the end of June, selling at least a 25% stake of the recovering business. Most of Lloyds's key financial metrics continued to 'appreciate measurably' in the first quarter, according to Hargreaves Lansdown Stockbrokers. "Lloyds is often seen as a proxy for the UK economy, and although they are inextricably linked, both are beginning to prosper after a long period of austerity," said Head of Equities Richard Hunter.Aggreko climbed strongly after Jefferies upgraded the stock to 'buy', pushing the stock more than 4% higher. Profits at oil and gas company BG Group rose as it regained losses incurred earlier in the week, which came on the back of lower production volumes and higher costs, as well as the surprise exit of its Chief Executive.Earnings fell 2.4% at BSkyB in the third quarter despite a rise in revenues, but continued investment in connected television services was repaid with better-than-expected new subscriptions, pushing shares higher throughout today's session.Meanwhile, meanwhile, Sainsbury, Tesco and Morrison were all notable fallers this afternoon after the latter unveiled plans to slash the price of 1,2000 products by as much as 60% in an effort to take a greater slice of the market share. As many as 40% of the products will be own-brand items. Broker Bernstein said the size of the move marked "a big departure" and said the company was "dropping the ultimate bomb". Scottish engineering group Weir declined after Numis Securities downgraded its rating for the stock from 'add' to 'hold', saying that it sees little upside after the stock's recent strong run. That came after the group posted in line trading in the last four months.Randgold Resources fell after Investec reiterated its 'hold' rating on the stock. FTSE 100 - RisersLloyds Banking Group (LLOY) 79.50p +5.49%Aggreko (AGK) 1,645.00p +4.31%Hargreaves Lansdown (HL.) 1,215.00p +3.85%BG Group (BG.) 1,237.50p +3.30%AstraZeneca (AZN) 4,815.00p +3.24%Rexam (REX) 510.00p +2.82%Johnson Matthey (JMAT) 3,359.00p +2.63%Royal Bank of Scotland Group (RBS) 306.60p +2.61%ITV (ITV) 186.60p +2.53%Travis Perkins (TPK) 1,748.00p +2.52%FTSE 100 - FallersSainsbury (J) (SBRY) 325.10p -3.16%Fresnillo (FRES) 830.00p -2.52%Tesco (TSCO) 286.55p -2.18%Randgold Resources Ltd. (RRS) 4,678.00p -2.13%Weir Group (WEIR) 2,634.00p -2.08%Morrison (Wm) Supermarkets (MRW) 197.50p -1.69%Smith & Nephew (SN.) 905.00p -1.58%Vodafone Group (VOD) 220.65p -1.47%Antofagasta (ANTO) 776.00p -1.40%Sage Group (SGE) 420.80p -1.31%FTSE 250 - RisersFisher (James) & Sons (FSJ) 1,433.00p +11.00%Just Retirement Group (JRG) 170.30p +4.54%Supergroup (SGP) 1,390.00p +4.51%RPC Group (RPC) 623.50p +3.92%BTG (BTG) 551.50p +3.67%Dixons Retail (DXNS) 46.60p +3.60%Carphone Warehouse Group (CPW) 317.90p +3.28%FirstGroup (FGP) 133.40p +3.25%Hansteen Holdings (HSTN) 106.20p +3.21%Partnership Assurance Group (PA.) 136.00p +3.03%FTSE 250 - FallersRegus (RGU) 197.00p -5.74%Brown (N.) Group (BWNG) 486.70p -5.13%Polymetal International (POLY) 548.00p -3.18%African Barrick Gold (ABG) 241.80p -2.62%St. Modwen Properties (SMP) 362.00p -2.56%Imagination Technologies Group (IMG) 191.40p -2.45%Fidessa Group (FDSA) 2,190.00p -2.32%Lancashire Holdings Limited (LRE) 684.00p -2.29%Synthomer (SYNT) 258.20p -2.20%Vedanta Resources (VED) 925.50p -2.17%NR
More News
10 Oct 2023 08:59

LONDON BROKER RATINGS: DZ Bank raises BAE Systems to 'buy' from 'hold'

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

Read more
6 Oct 2023 11:43

LONDON MARKET MIDDAY: Aviva takeover talk boosts FTSE 100

(Alliance News) - The FTSE 100 was in the green at midday Friday, boosted by Aviva amid takeover rumours.

Read more
5 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 rises but banks struggle on Metro woe

(Alliance News) - Stock prices in Europe ended mixed on Thursday, with the FTSE 100 outperforming despite some pressure on its banking shares, which suffered in a negative read-across amid worries for Metro Bank.

Read more
22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

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

Read more
5 Sep 2023 15:48

UK dividends calendar - next 7 days

Wednesday 6 September 
no events scheduled 
Thursday 7 September 
Admiral Group PLCex-dividend payment date
Alpha Financial Markets Consulting PLCex-dividend payment date
Anglo-Eastern Plantations PLCex-dividend payment date
Assura PLCex-dividend payment date
Athelney Trust PLCex-dividend payment date
Baltic Classifieds Group PLCex-dividend payment date
Blackrock World Mining Trust PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
CT UK Capital & Income Investment Trust PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Develop North PLCex-dividend payment date
DS Smith PLCex-dividend payment date
Empiric Student Property PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Greggs PLCex-dividend payment date
Harbour Energy PLCex-dividend payment date
Pollen Street PLCex-dividend payment date
Prudential PLCex-dividend payment date
Relx PLCdividend payment date
RM Infrastructure Income PLCex-dividend payment date
Serco Group PLCex-dividend payment date
Severfield PLCex-dividend payment date
VPC Specialty Lending Investments PLCex-dividend payment date
XP Power Ltdex-dividend payment date
Zotefoams PLCex-dividend payment date
Friday 8 September 
abrdn New Dawn Investment Trust PLCdividend payment date
Avon Protection PLCdividend payment date
Berkeley Group Holdings PLCdividend payment date
Chemring Group PLCdividend payment date
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
iomart Group PLCdividend payment date
Keller Group PLCdividend payment date
Lookers PLCdividend payment date
Moneysupermarket.com Group PLCdividend payment date
Nichols PLCdividend payment date
Tritax EuroBox PLCdividend payment date
Tyman PLCdividend payment date
Monday 11 September 
AstraZeneca PLCdividend payment date
Games Workshop Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Residential Secure Income PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Tuesday 12 September 
Ashtead Group PLCdividend payment date
Foxtons Group PLCdividend payment date
Lindsell Train Investment Trust PLCdividend payment date
Lloyds Banking Group PLCdividend payment date
LMS Capital PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
1 Sep 2023 00:01

Some UK banks improving interest rates for savers, says watchdog

LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.

Read more
18 Aug 2023 10:22

UK banking stocks are undervalued, says Shore Capital

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

Read more
17 Aug 2023 22:30

Britain makes access to fee-free cash machine a legal right

LONDON, Aug 17 (Reuters) - Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday.

Read more
14 Aug 2023 17:18

UK watchdog kicks off 'politically-exposed persons' review

LONDON, Aug 14 (Reuters) - Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or maintaining a bank account ahead of a formal investigation.

Read more
12 Aug 2023 20:08

Daily Mail in talks with investors over potential bid for Britain's Telegraph

Aug 12 (Reuters) - The Daily Mail and General Trust has registered its interest with British bank Lloyds for a potential bid for The Telegraph, a spokesperson told Reuters on Saturday.

Read more
10 Aug 2023 15:08

National World sizes up possible bid for Telegraph Media Group

(Alliance News) - National World PLC on Thursday said it is considering making an offer for the Telegraph Media Group, the up for sale operator of the Daily Telegraph newspaper in the UK and Spectator magazine.

Read more
9 Aug 2023 16:16

FTSE 100 movers: Commodity stocks rise, Hiscox sinks

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

Read more
4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

Read more
3 Aug 2023 19:13

UK's Hunt asks financial watchdog to urgently review 'debanking' concerns

LONDON, Aug 3 (Reuters) - British finance minister Jeremy Hunt said on Thursday he had asked the country's financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined.

Read more
3 Aug 2023 18:35

Britain's banks told to give data on terminating customer accounts

LONDON, Aug 3 (Reuters) - Britain's Financial Conduct Authority said on Thursday it will ask banks and building societies for data on customer account terminations to check if they were justified or break the law.

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.