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: 52.26
Ask: 52.30
Change: 0.00 (0.00%)
Spread: 0.04 (0.077%)
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: Markets slip ahead of central bank meetings, retailers fall

Wed, 08th Jan 2014 17:09

- Retailers in focus after Sainsbury, Mothercare, Majestic updates- US ADP data increases taper speculation- Central banks watched ahead of policy meetingstechMARK 2,781.64 -0.28%FTSE 100 6,721.78 -0.50%FTSE 250 16,001.74 -0.42%Heavy falls in the retail sector and cautiousness among investors saw UK markets slip on Wednesday as equities retreated from a two-month high.Meanwhile, London stocks extended losses in afternoon trade after a mixed start on Wall Street as investors digested a much stronger-than-expected ADP employment report, which increased speculation surrounding the Federal Reserve's policy meeting later this month."The latest ADP jobs report out of the US has added to the prospects of additional tapering from the Fed after beating expectations for December, while also getting an upward revision to its November number," said Michael Hewson, Chief Market Analyst at CMC Markets.The FTSE 100 finished 33.67 points lower at 6,721.78 by the close of trade today, pulling back after hitting its highest level since November 4th on Tuesday.Economic data, risk events in focusEconomic data from the Continent was making headlines today after Eurozone retail sales and German factory orders beat forecasts. Eurozone unemployment, meanwhile, was unchanged at 12.1%, as expected, though the Italian jobless rate jumped to another record high of 12.7%.Asides from the ADP data - which is seen as a rough indicator of the official jobs report due Friday - traders in the States were also awaiting the minutes of December's Federal Reserve policy meeting scheduled for after the close. Markets are hoping that the minutes will shed more light on the central bank's decision to begin scaling back stimulus last month and potentially give more insight into the Fed's future plans to gradually withdraw its quantitative easing programme.Looking ahead to tomorrow, policy meetings at the Bank of England and European Central Bank will take place, with the latter likely to be closely watched after the surprise dip in Eurozone inflation revealed yesterday.Retailers in focus: Sainsbury, Mothercare, MajesticSainsbury finished lower after it reported flat like-for-like (LFL) sales in the third quarter as customers held back on spending ahead of the Christmas period. While sales still managed to beat consensus forecasts, S&P Capital IQ maintained its 'sell' rating for the stock and cut its target price, saying: "We are increasingly concerned about Sainsbury's weakening balance sheet and do not see any dividend increase in fiscal year 2015."Rival supermarket Tesco, which is due to update the market tomorrow on its performance over the festive season, was also trading in the red while Morrison edged higher. However, online grocer Ocado surged, rising nearly 12% before the close.The share price of Mothercare dropped by over 30% after the baby products retailer said that full-year profit would come in below market forecasts as it battled against Christmas price discounting and weak trading conditions.Wine retailer Majestic was also lower despite saying that UK store sales for the 10 weeks to January 6th were up 5.9% year-on-year as it opened its 200th store during the period. Canaccord Genuity downgraded Majestic from 'buy' to 'hold' today, saying that the stock was "up with events".Leading the upside were banking stocks, extending gains made yesterday when data showed that funding conditions had improved in the fourth quarter of 2013. Lloyds, RBS and Barclays were higher. Barclays was boosted by upbeat comments from JPMorgan Cazenove which labelled it as a top pick in the European investment banking sector.Insurance firm RSA also advanced after reiterating its confidence that its recent financial irregularities are isolated to its Irish business. The group attempted to reassure investors ahead of the results of an independent investigation tomorrow.Engineering software firm AVEVA climbed strongly after UBS upgraded the software company from 'neutral' to 'buy', while home credit group International Personal Finance was hit by a Panmure Gordon downgrade from 'buy' to 'sell'.FTSE 100 - RisersRSA Insurance Group (RSA) 100.70p +3.02%Royal Bank of Scotland Group (RBS) 357.90p +2.14%Glencore Xstrata (GLEN) 314.80p +1.93%Lloyds Banking Group (LLOY) 83.80p +1.56%Standard Life (SL.) 370.90p +1.39%International Consolidated Airlines Group SA (CDI) (IAG) 434.10p +1.38%Aviva (AV.) 460.20p +1.32%easyJet (EZJ) 1,626.00p +1.31%ARM Holdings (ARM) 1,067.00p +1.14%Sage Group (SGE) 397.50p +0.99%FTSE 100 - FallersAberdeen Asset Management (ADN) 473.30p -3.60%Tate & Lyle (TATE) 773.00p -3.44%Imperial Tobacco Group (IMT) 2,247.00p -2.90%Aggreko (AGK) 1,690.00p -2.87%Tullow Oil (TLW) 820.00p -2.73%William Hill (WMH) 399.80p -2.54%Sainsbury (J) (SBRY) 360.00p -2.41%Centrica (CNA) 330.10p -2.16%Burberry Group (BRBY) 1,450.00p -2.03%Fresnillo (FRES) 692.00p -1.91%FTSE 250 - RisersOcado Group (OCDO) 513.50p +11.73%Aveva Group (AVV) 2,261.00p +6.45%Entertainment One Limited (ETO) 290.30p +6.07%JD Sports Fashion (JD.) 1,595.00p +4.59%Domino's Pizza Group (DOM) 522.00p +3.78%Centamin (DI) (CEY) 46.49p +3.10%Telecity Group (TCY) 764.00p +2.83%Ted Baker (TED) 2,300.00p +2.82%Pace (PIC) 341.70p +2.71%Foxtons Group (FOXT) 330.00p +2.48%FTSE 250 - FallersInternational Personal Finance (IPF) 484.00p -5.10%Renishaw (RSW) 1,948.00p -4.74%Bwin.party Digital Entertainment (BPTY) 115.90p -3.98%Diploma (DPLM) 715.50p -3.90%Imagination Technologies Group (IMG) 168.90p -3.49%Dairy Crest Group (DCG) 542.00p -3.30%Rightmove (RMV) 2,711.00p -3.25%WH Smith (SMWH) 1,006.00p -3.18%De La Rue (DLAR) 855.50p -3.06%Catlin Group Ltd. (CGL) 560.00p -2.86%BC
More News
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.

Read more
23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

Read more
22 Feb 2024 16:26

London close: Stocks rise amid raft of solid earnings

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

Read more
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.)

Read more
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.

Read more
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.

Read more
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.

Read more
21 Feb 2024 09:18

Thursday preview: Global PMIs, Lloyds in focus

(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.

Read more
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.

Read more
20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

Read more
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.

Read more
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.

Read more
16 Feb 2024 14:59

London close: Stocks rise as UK retail sales rebound

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

Read more
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.

Read more
8 Feb 2024 13:50

Santander reportedly lodges complaint about Nationwide ad

(Sharecast News) - Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.

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.