The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 52.18
Bid: 48.00
Ask: 53.16
Change: 0.00 (0.00%)
Spread: 5.16 (10.75%)
Open: 0.00
High: 0.00
Low: 0.00
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: 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
More News
5 Feb 2024 10:25

PRESS: Iran used Lloyds and Santander to evade sanctions, FT reports

(Alliance News) - Shares in Lloyds Banking Group PLC and Banco Santander SA fell on Monday, after a report that Iran used the two banks to covertly move money around the world as part of a sanctions-evasion scheme.

Read more
30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

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

Read more
29 Jan 2024 11:31

Lloyds to scrap mobile bank branches as moves towards online banking

(Alliance News) - Lloyds Banking Group PLC is shutting down its mobile banking service this year, after revealing plans to shed 1,600 jobs across its branch network as it moves ahead in the shift towards online banking.

Read more
25 Jan 2024 14:41

Lloyds Banking Group to cut 1,600 jobs across branch network

(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.

Read more
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

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.