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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 52.18
Bid: 52.26
Ask: 52.30
Change: 0.12 (0.23%)
Spread: 0.04 (0.077%)
Open: 52.38
High: 52.90
Low: 52.18
Prev. Close: 52.06
LLOY Live PriceLast checked at -

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London close: Miners, banks finish strongly

Tue, 28th Jun 2011 16:33

The Footsie was bolstered by a decent start on Wall Street, as US house prices rose for the first time in eight months. Furthermore, global market sentiment was buoyed ahead of a critical vote in Greece to approve austerity measures, vital for the country to receive financial aid. French president Nicolas Sarkozy announced an agreement with French banks to refinance holdings of Greek sovereign debt. "We concluded that by stretching out the loans over 30 years, putting (interest rates) at the level of European loans, plus a premium indexed to future Greek growth, that would be a system that each country could find attractive," stated Sarkozy. The mining sector performed well, tracking metals prices higher as fears over a Greek default eased slightly. The euro rose against the dollar, which prompted gains for commodities prices. Copper and silver futures were 1.1% higher before the close in the afternoon, while gold edged 0.6% higher. Anglo American, Kazakhmys, Vedanta Resources and Antofagasta were all performing strongly. RBS, Lloyds, Barclays and Standard Chartered were among those on the rise. Standard Chartered was also helped higher after it said that it has continued to build on the strong start it made to the year, with income and profit both showing double-digit percentage growth year-on-year at the end of May.Insurance giant Prudential made gains after Goldman upped its rating from neutral to buy.Tate & Lyle, the food ingredients giant, was the heaviest faller after RBS cuts its rating on the stock to hold, from buy. Energy provider Scottish and Southern Energy was lower after agreeing to sell its 50% interest in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital for £61.3m, excluding working capital. Cable & Wireless Worldwide fell nearly 14% after its head honcho Jim Marsh startled investors when he announced his resignation from the chief executive officer's position after the telecom group issued its third profit warning since it demerged from Cable & Wireless fifteen months ago. Blue chip peers BT and Vodafone also fell.Grocery deliverer Ocado Group and online betting exchange Betfair Group, which had seen a plunge in their share prices on Monday, recovered some of its earlier losses. Similarly, shares of electrical retailer Dixons Retail and graphic chip designer Imagination Technologies which were pressured in the latter half of last week, gained ground. BCFTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 36.55p +4.16%Smiths Group (SMIN) 1,149.00p +3.79%Vedanta Resources (VED) 1,972.00p +3.52%Schroders (Non-Voting) (SDRC) 1,233.00p +3.18%Cairn Energy (CNE) 395.00p +2.97%Schroders (SDR) 1,470.00p +2.87%Kazakhmys (KAZ) 1,300.00p +2.85%Standard Chartered (STAN) 1,581.00p +2.66%Prudential (PRU) 705.50p +2.62%Anglo American (AAL) 2,957.00p +2.58%FTSE 100 - FallersTate & Lyle (TATE) 618.50p -1.83%BT Group (BT.A) 194.60p -1.67%Vodafone Group (VOD) 162.05p -1.07%Diageo (DGE) 1,259.00p -0.87%Imperial Tobacco Group (IMT) 2,030.00p -0.73%Smith & Nephew (SN.) 636.00p -0.62%G4S (GFS) 272.80p -0.47%Associated British Foods (ABF) 1,080.00p -0.46%Sainsbury (J) (SBRY) 325.60p -0.46%Autonomy Corporation (AU.) 1,623.00p -0.43%
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