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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: 53.26
Bid: 53.22
Ask: 53.26
Change: 1.08 (2.07%)
Spread: 0.04 (0.075%)
Open: 52.98
High: 53.36
Low: 52.94
Prev. Close: 52.18
LLOY Live PriceLast checked at -

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London close: Macro data sees stocks surge

Tue, 17th Apr 2012 16:59

- Footsie at intraday high by the close- Economic data from Eurozone and US boost buying- Banks and miners lead risers in LondonLondon's FTSE 100 index surged by nearly two per cent on Tuesday, as upbeat economic data from the Eurozone and US provided a spark in the banking and mining sectors. Meanwhile, some better-than-expected first-quarter results from American heavyweights Coca-Cola and Goldman Sachs also lifted sentiment.Spain issued €3.18bn in short-term government bonds this morning and while yields rose as expected, the issuance was higher than the €2-3bn target range and demand for both 12- and 18-month notes was strong. After having surged beyond 6% yesterday, the yield on 10-year Spanish bonds had dropped 18.1 basis point to 5.889% by the close in Europe.Elsewhere in the Eurozone, despite consensus expectations of a fall in the ZEW German economic sentiment index to 19, the survey improved to 23.4 in April from 22.3 the month before. Analyst Thomas Harjes from Barclays Capital said that the recent weakness in Germany's financial market has been down to a "technical correction" and broader euro worries "rather than weaker fundamentals of the German economy."In other news, Eurostat revealed that consumer prices rose 2.7% year-on-year in March, higher than the initial reading of a 2.6% increase."These figures are a good indication that investors are optimistic about the direction of the Eurozone despite the current issues in Spain and Italy, and with CPI coming in slightly above expected at 2.7%, the door is left wide open for more monetary stimulus from the ECB," said market analyst Craig Erlam from Alpari. Meanwhile, US benchmarks opened strongly on Wall Street after new housing permits rose to their highest level since September 2008, despite expectations of a slight decline. Investors seemed to shrug off some weaker-than-anticipated industrial production data. FTSE 100: Risk-on as banks & miners surgeInvestors shifted their weighting into the banking and mining sectors today as improving data from the Eurozone temporarily eased concerns about the ongoing debt crisis. Mining peers Antofagasta, Anglo American and Vedanta Resources finished strongly, closely followed by ENRC after it announced the completion of the acquisition of thermal coal group Shubarkol Komir JSC, which is expected to enhance the company's position as a leading coal producer in Kazakhstan. Rio Tinto also rose despite saying that production of copper and iron ore fell in the first quarter of 2012 compared with the final three months of last year. Meanwhile, banking groups Barclays, Lloyds and RBS were in demand with Barclays leading the charge after Bank of America Merrill Lynch suggested the broking community could be about to up their earnings forecast for the firm. "With Eurozone fears hitting the shares recently, we think the first-quarter results could re-focus investors to the fundamental attractions," the US broker reckons. There were only a handful of stocks registering losses by the close, with luxury group Burberry and High Street retailer Marks & Spencer strongly out of favour. Burberry dropped nearly 6% after underlying revenue growth eased in the fourth quarter owing to a slowdown in growth at its Wholesale division. Meanwhile, M&S saw like-for-like sales in the UK fall by a worse-than-expected 0.7% in the first quarter.Mobile phone networks giant Vodafone has cranked up its dispute with the Indian government by serving notice that it is prepared to go to international arbitration over India's plans to introduce a retrospective tax law which will hit the UK-based company hard. Shares were up over 1%. FTSE 250: Afren jumps on 'potentially transformational' oil discovery Afren thinks it might have struck it big in the Kurdistan region of Iraq with its Simrit-2 exploration well. "The scale of the oil column that has been intersected suggests that the Simrit structure and surrounding prospects elsewhere on the Ain Sifni PSC have the potential to be transformational for Afren", said Osman Shahenshah, Chief Executive. Daily Mail and General Trust (DMGT) said that advertising at Associated Newspapers, which publishes the Daily Mail, has fallen 3% in the six months to the end of March. FTSE 100 - RisersAntofagasta (ANTO) 1,176.00p +5.00%Barclays (BARC) 220.55p +4.63%Anglo American (AAL) 2,328.50p +4.53%Vedanta Resources (VED) 1,214.00p +4.48%Amec (AMEC) 1,118.00p +4.39%Lloyds Banking Group (LLOY) 30.95p +4.17%ITV (ITV) 88.10p +3.89%GKN (GKN) 211.50p +3.83%Royal Bank of Scotland Group (RBS) 25.20p +3.83%CRH (CRH) 1,279.00p +3.73%FTSE 100 - FallersBurberry Group (BRBY) 1,492.00p -5.93%Marks & Spencer Group (MKS) 358.70p -2.45%Imperial Tobacco Group (IMT) 2,447.00p -1.25%Sage Group (SGE) 283.20p -1.12%Randgold Resources Ltd. (RRS) 5,490.00p -1.08%Schroders (Non-Voting) (SDRC) 1,127.00p -0.70%Centrica (CNA) 318.00p -0.25%Ashmore Group (ASHM) 387.10p -0.15%FTSE 250 - RisersHeritage Oil (HOIL) 146.50p +7.56%Afren (AFR) 143.00p +6.32%Aquarius Platinum Ltd. (AQP) 137.40p +6.10%Ophir Energy (OPHR) 532.50p +5.34%Hays (HAS) 92.50p +4.99%Exillon Energy (EXI) 130.00p +4.84%Lonmin (LMI) 1,030.00p +4.83%Cape (CIU) 384.80p +4.57%Logica (LOG) 82.05p +4.39%New World Resources A Shares (NWR) 426.20p +4.33%FTSE 250 - FallersDaily Mail and General Trust (DMGT) 423.80p -4.68%AG Barr (BAG) 1,145.00p -3.21%Morgan Crucible Co (MGCR) 324.00p -2.96%Cable & Wireless Communications (CWC) 30.07p -2.05%Fidessa Group (FDSA) 1,560.00p -1.89%Synergy Health (SYR) 830.50p -1.60%Spirent Communications (SPT) 164.50p -1.56%Cable & Wireless Worldwide (CW.) 36.13p -1.55%Savills (SVS) 349.70p -1.47%Kenmare Resources (KMR) 49.15p -1.46%BC
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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

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(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

(Correcting sum of Lloyds Banking Group PLC's final dividend.)

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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

(Alliance News) - Stocks in London are set to higher on Thursday, as earnings from Nvidia, at the heart of an artificial intelligence boom, did not disappoint.

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22 Feb 2024 07:03

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

(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.

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21 Feb 2024 09:18

Thursday preview: Global PMIs, Lloyds in focus

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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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20 Feb 2024 11:57

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20 Feb 2024 09:18

IN BRIEF: GCP Infrastructure enters into new revolving credit facility

GCP Infrastructure Investments Ltd - Jersey-based investment fund focused on infrastructure - Announces that it entered into a new revolving credit facility on Thursday. The RCF has a three-year term and has been agreed with Lloyds Bank PLC, Mizuho Bank Ltd, Allied Irish Bank and Clydesdale Bank PLC acting as lenders. GCP says it has reduced the total RCF commitments to GBP150 million from GBP190 million, in line with the company's capital policy as outlined in its 2023 annual report. In December, GCP adopted a policy realising around 15% of its portfolio, GBP150 million, to "rebalance sectors and reduce equity exposures, and to apply the funds towards a material reduction in the RCF", as well as to facilitate the return of at least GBP50 million to shareholders by the end of calendar 2024.

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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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16 Feb 2024 14:59

London close: Stocks rise as UK retail sales rebound

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15 Feb 2024 14:42

UK earnings, trading statements calendar - next 7 days

Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Antofagasta PLCFull Year Results
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Santander reportedly lodges complaint about Nationwide ad

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