Roundtable Discussion; The Future of Mineral Sands. Watch the video 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: Stocks fall on fears of valuations, global economy

Tue, 19th Nov 2013 16:47

- Icahn spooks investors, warns of 'big drop'- OECD cuts global growth forecasts- Plosser calls for fixed amount of asset purchases- easyJet impresses with profit jumptechMARK 2,644.23 -0.34%FTSE 100 6,698.01 -0.38%FTSE 250 15,265.60 -0.16%UK markets finished firmly in the red on Tuesday as concerns about equity valuations and the global economy weighed on investor sentiment.The FTSE 100 closed 25.45 points lower at 6,698.01, a fall of 0.38%.Anxiety over the recent run on equity markets dampened stocks on Wall Street last night after activist investor Carl Icahn was reported as saying that a "big drop" could be around the corner. According to Reuters, Icahn said he was "very cautious on equities today" given that valuations are rich and earnings are bolstered by low borrowing costs rather than management's efforts to improve results. "Confidence is fickle, and markets found that precious commodity in short supply [...]. Traders appeared flustered by US city sage Carl Icahn's warning of equity overvaluation," said Market Analyst Alastair McCaig from IG.Meanwhile, investors were restrained today after OECD revised down its global growth forecasts "significantly", blaming a slowdown in emerging markets. It expects the global economy to expand by just 2.7% in 2013 and 3.6% in 2014, compared with previous estimates in May of 3.1% and 4% growth, respectively.Comments from Philadephia Fed President Charles Plosser were in focus today ahead of the October Federal Open Market Committee meeting minutes due to be released tomorrow. As speculation continues about the impending taper of quantitative easing, Plosser called for a fixed dollar amount on the Fed's asset purchase programme, proposing an end to the scheme once that limit is reached. "We cannot continue to play this bond-buying game by ear and risk the Fed's credibility while creating lingering uncertainty about the course of monetary policy," he said. The German ZEW economic sentiment survey, which attempts to predict economic conditions in six months' time, failed to move markets this morning despite showing an improvement month-on-month. The survey rose from 52.8 to 54.6 this month, ahead of the 54.0 level expected. easyJet flying high as profits surgeBudget airline easyJet surged after boosting annual profits by more than half and saying it is returning £308m to shareholders. easyJet said its allocated seating strategy, website improvements and its Europe by easyJet advertising campaign helped it to boost pre-tax profit in the year to September 30th rose 51% to £478m. Fund manager Aberdeen was in the red, pulling back after a 15% surge on Monday following the announced acquisition of the Scottish Widows Investment Partnership Group from Lloyds, as well a strong increase in annual profits. Numis downgraded the stock to 'hold' this morning but lifted its target price from 465p to 495p. Technology business Smiths Group was trading lower as investors were underwhelmed by the company's announcement that it was trading in line with expectations in the first quarter. ITV also failed to impress with third-quarter revenues rising ahead of guidance. Product testing firm Intertek was out of favour after saying that the industry-wide headwinds experienced in the first half have persisted for longer than expected. Shareholders reacted positively to the news that Enterprise Inns' founder and Chief Executive Ted Tuppen would step down after more than two decades at the helm. The pub group also announced like-for-like (LFL) net income grew by 0.6% in its final quarter. Afren, the oil and gas exploration and production company, jumped after reporting that well data indicated the recoverable resources at the Ogo-1 well were "significantly" ahead of pre-drill expectations.Bodycote retreated after it said economic growth in both Europe and North America continues to be muted. The stock was down around 5% by the close despite the firm reiterating its confidence in meeting full-year expectations.FTSE 100 - RiserseasyJet (EZJ) 1,345.00p +7.09%Randgold Resources Ltd. (RRS) 4,621.00p +1.96%Persimmon (PSN) 1,185.00p +1.72%Amec (AMEC) 1,184.00p +1.46%Johnson Matthey (JMAT) 3,090.00p +1.34%G4S (GFS) 260.10p +1.28%GlaxoSmithKline (GSK) 1,628.00p +0.90%Sage Group (SGE) 348.70p +0.87%Severn Trent (SVT) 1,843.00p +0.82%Standard Life (SL.) 339.90p +0.74%FTSE 100 - FallersAberdeen Asset Management (ADN) 475.20p -2.96%Anglo American (AAL) 1,400.00p -2.68%Intertek Group (ITRK) 3,102.00p -2.48%International Consolidated Airlines Group SA (CDI) (IAG) 353.50p -2.35%Smiths Group (SMIN) 1,400.00p -2.30%William Hill (WMH) 361.30p -2.03%Petrofac Ltd. (PFC) 1,177.00p -1.92%Glencore Xstrata (GLEN) 321.00p -1.80%Vedanta Resources (VED) 971.00p -1.77%Royal Bank of Scotland Group (RBS) 327.60p -1.71%FTSE 250 - RisersEnterprise Inns (ETI) 154.00p +11.59%Afren (AFR) 161.00p +8.13%Thomas Cook Group (TCG) 147.50p +4.98%Keller Group (KLR) 1,048.00p +4.28%Serco Group (SRP) 441.00p +4.08%Imagination Technologies Group (IMG) 264.40p +3.36%Redrow (RDW) 268.60p +3.19%Halma (HLMA) 584.00p +2.28%3i Group (III) 352.80p +1.94%IP Group (IPO) 153.90p +1.92%FTSE 250 - FallersBodycote (BOY) 618.50p -4.55%Hays (HAS) 120.00p -3.69%Partnership Assurance Group (PA.) 305.00p -3.63%Bwin.party Digital Entertainment (BPTY) 129.50p -3.00%IG Group Holdings (IGG) 599.50p -2.44%Kier Group (KIE) 1,674.00p -2.39%Kazakhmys (KAZ) 243.20p -2.33%Lonmin (LMI) 325.10p -2.17%Spirent Communications (SPT) 105.70p -2.04%Ashtead Group (AHT) 655.50p -2.02%BC
More News
27 Oct 2023 09:12

LONDON MARKET OPEN: NatWest trims outlook and admits Farage "failings"

(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.

Read more
26 Oct 2023 11:44

Berenberg stays at 'hold' on Lloyds Banking

(Sharecast News) - Analysts at Berenberg reiterated their 'hold' rating and 58.0p target price on financial services giant Lloyds Banking Group on Thursday, stating it still sees better opportunities elsewhere.

Read more
26 Oct 2023 09:24

LONDON BROKER RATINGS: HSBC cuts Reckitt to 'hold' from 'buy'

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

Read more
26 Oct 2023 07:51

LONDON BRIEFING: PizzaExpress owner makes play for Restaurant Group

(Alliance News) - The FTSE 100 is set to open lower on Thursday, as investors nervously look ahead to a key interest rate decision from the European Central Bank, and US economic growth data.

Read more
25 Oct 2023 17:07

LONDON MARKET CLOSE: FTSE 100 fights off early losses in mixed trading

(Alliance News) - Stock prices in London closed mixed on Wednesday, as concerns over monetary policy and developments in the Middle East lingered.

Read more
25 Oct 2023 15:11

London close: Stocks end choppy session mixed

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.

Read more
25 Oct 2023 09:10

LONDON MARKET OPEN: Essentra falls as profit hit; banks edge lower

(Alliance News) - Stock prices in London opened lower on Wednesday, as investors digest the latest company earnings.

Read more
25 Oct 2023 08:39

TOP NEWS: Lloyds Banking profit up and sticks with margin outlook

(Alliance News) - Lloyds Banking Group PLC on Wednesday maintained its annual net interest margin guidance and reported consensus-topping third-quarter profit, though top-line growth fell just shy of loftier expectations.

Read more
25 Oct 2023 07:49

LONDON BRIEFING: Reckitt begins USD1 billion buyback; Lloyds profit up

(Alliance News) - Stocks in London are expected to tread water on Wednesday, despite a strong performance in the US and Asia.

Read more
25 Oct 2023 07:01

Lloyds Bank Q3 profits surge despite lower lending

(Sharecast News) - Lloyds Bank reported a massive jump in third quarter profits as it continued to cash in on higher interest rates, despite a reduction in lending to customers amid tough macroeconomic conditions.

Read more
24 Oct 2023 12:00

LONDON MARKET MIDDAY: Stocks in red amid cooling UK economy

(Alliance News) - Stock prices in London were lower at midday Tuesday, though European peers were in the green, with the banking sector weighing on the FTSE 100 after less-than-stellar results from Barclays.

Read more
24 Oct 2023 09:22

LONDON MARKET OPEN: Banks weigh on FTSE 100 after Barclays disappoints

(Alliance News) - Stock prices in London opened lower on Tuesday, amid some disappointing UK company updates and the continuing uncertainty caused by the conflict in the Middle East

Read more
23 Oct 2023 11:15

Barclay family looks to stall crucial court case - report

(Sharecast News) - The Barclay family is seeking to postpone a court case that would see insolvency proceedings get underway for one of their key holding companies, it was reported on Monday.

Read more
18 Oct 2023 15:44

UK earnings, trading statements calendar - next 7 days

Thursday 19 October 
AJ Bell PLCTrading Statement
Centamin PLCQ3 Results
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
GB Group PLCTrading Statement
Gear4Music PLCHalf Year Results
Hargreaves Lansdown PLCTrading Statement
London Stock Exchange Group PLCTrading Statement
Man Group PLCTrading Statement
Mondi PLCTrading Statement
PensionBee Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Relx PLCTrading Statement
Rentokil Initial PLCQ3 Results
Sabre Insurance Group PLCTrading Statement
Schroders PLCTrading Statement
St James's Place PLCTrading Statement
Friday 20 October 
Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
Monday 23 October 
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Virgin Wines UK PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Oct 2023 10:18

Mitie halfway through buyback, raises operating profit guidance

(Alliance News) - Mitie Group PLC on Wednesday said revenue increased by around 11% in its latest half year, and that it completed the first GBP25 million tranche of its GBP50 million share buyback.

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.