REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

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: 53.72
Bid: 53.62
Ask: 53.66
Change: 1.54 (2.95%)
Spread: 0.04 (0.075%)
Open: 52.98
High: 54.20
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: 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
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.