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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 53.94
Bid: 53.84
Ask: 53.88
Change: 0.22 (0.41%)
Spread: 0.04 (0.074%)
Open: 53.84
High: 54.38
Low: 53.58
Prev. Close: 53.72
LLOY Live PriceLast checked at -

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London close: Stocks stop at resistance again, despite Italy news

Tue, 08th Nov 2011 18:08

UK stocks finished higher on Tuesday, but off their best levels off the day, as investors attempt to digest the potentially extremely serious implications of the 'soap-opera' that Euroland has become of late. In today's episode Italian Prime Minister Silvio Berlusconi has lost his absolute majority in a parliamentary vote; the measure passed, but the significance of the above will not be lost on anyone. Having said that, 308 MPs still backed Il Caveliere. To be had in account, at least some in the markets seem to be hoping for a technocratic government to take over, time will tell. Unfortunately, time is now the scarcest of resources. Also of interest, remarks by Financial Services Minister Mark Hoban, who has indicated that he would be willing to use the United Kingdom's 'national veto' should European Union rules threaten London's financial centre.From a technical point of view, and as on the other side of the pond, the top share index is now at its 200 day moving average, an important resistance level, and on a day with what seems to have been average trading volumes.Lloyds Banking Group have led on the upside today, despite the firm reporting a £3.9bn loss for the first nine months of 2011. On top of this, Lloyds offered a downbeat forecast for the UK economic outlook, saying it expected UK interest rates to stay lower for longer, which in turn would have an impact on its ability to hit income targets in 2014. Some analysts however greeted the results with relief that no negative surprises were uncovered. Vodafone was another standout gainer today after having guided the market towards the upper end of previous guidance for its full-year adjusted profit.Bad news sent shares in Anglo-Swedish drugs titan AstraZeneca lower, after the firm, along with its US partner Targacept,failed to meet its initial target for an anti-depressant product it is currently developing. Despite reporting strong profits for the third quarter, according to analysts at Citi, which were driven by revenues in the US and China, shares in Intercontinental Hotels also headed lower on apparent worries over the outlook for the company.Worth mention, stock sales by two of AIM -50 listed outfit Monitise's top directors. International Airlines Group had its wings clipped today by analysts at Credit Suisse, who cut their target on the stock to 152p from 164p before. Brent crude futures closed 0.28% higher today at the $114.88/barrel mark in NYMEX trading.Sterling has finished the day just 0.12% higher at 1.6082 against the US dollar. FTSE 100 - RisersLloyds Banking Group (LLOY) 28.90p +4.37%British Land Co (BLND) 515.00p +3.87%Burberry Group (BRBY) 1,402.00p +3.62%Petrofac Ltd. (PFC) 1,444.00p +3.36%Man Group (EMG) 145.70p +3.11%Hammerson (HMSO) 407.30p +3.11%Prudential (PRU) 636.50p +2.99%Johnson Matthey (JMAT) 1,857.00p +2.94%Hargreaves Lansdown (HL.) 509.50p +2.93%Glencore International (GLEN) 448.00p +2.82%FTSE 100 - FallersAstraZeneca (AZN) 2,873.00p -3.15%Schroders (Non-Voting) (SDRC) 1,181.00p -2.07%InterContinental Hotels Group (IHG) 1,073.00p -2.01%International Consolidated Airlines Group SA (IAG) 146.90p -1.94%Schroders (SDR) 1,356.00p -1.74%United Utilities Group (UU.) 614.50p -1.52%Rexam (REX) 332.20p -1.37%Pearson (PSON) 1,143.00p -1.04%Randgold Resources Ltd. (RRS) 7,380.00p -1.01%Reed Elsevier (REL) 542.00p -0.91%FTSE 250 - RisersSupergroup (SGP) 725.00p +11.20%Aquarius Platinum Ltd. (AQP) 172.60p +7.94%Phoenix Group Holdings (DI) (PHNX) 519.50p +7.11%Rathbone Brothers (RAT) 1,140.00p +6.44%Booker Group (BOK) 78.85p +6.27%Cable & Wireless Worldwide (CW.) 29.25p +5.79%Lamprell (LAM) 252.60p +5.21%Big Yellow Group (BYG) 269.00p +5.12%Amlin (AML) 297.50p +4.75%Gem Diamonds Ltd. (DI) (GEMD) 229.00p +4.71%FTSE 250 - FallersHomeserve (HSV) 270.20p -9.05%New World Resources A Shares (NWR) 497.10p -4.50%Bwin.party Digital Entertainment (BPTY) 130.50p -3.33%SThree (STHR) 232.30p -3.17%Thomas Cook Group (TCG) 45.61p -2.75%Senior (SNR) 156.00p -2.19%Jardine Lloyd Thompson Group (JLT) 722.00p -2.10%Debenhams (DEB) 64.10p -1.99%Paragon Group Of Companies (PAG) 179.10p -1.76%Daily Mail and General Trust (DMGT) 418.80p -1.62%AB
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