Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. 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: 53.94
Bid: 53.90
Ask: 53.94
Change: 0.00 (0.00%)
Spread: 0.04 (0.074%)
Open: 54.16
High: 54.34
Low: 53.70
Prev. Close: 53.94
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 midday: Banks power FTSE 100 rebound

Mon, 26th Sep 2011 12:10

Stocks have rebounded strongly from their weak start, with a buoyant performance from the banking sector helping to offset continued weakness in mining stocks.Precious metals stocks in particular are in the firing line as prices for gold and silver continue their downward turn, bucking the usual rise seen in times of volatility. Mexican silver miner Fresnillo and gold group African Barrick are prominent fallers. Banking trio RBS, Lloyds and Barclays are bucking the trend though.In company news, business publisher Reed Elsevier is to acquire the entire issued share capital of Accuity Holdings from Investcorp, a global investment firm, for a consideration of £343m payable in cash. Compliance-focused Accuity is a US provider of online subscription-based data solutions for the financial services industry. The start of the second half of the year has been a tough one for Aberdeen Asset Management, which has seen assets under management (AUM), as at the end of August, slide 4.8% to £176.9bn from £185.7bn at the end of June. Most of the fall was accounted for by market movements and foreign exchange fluctuations, which reduced AUM by £8.1bn, but the business also saw net outflows of £0.8bn. "Given the economic backdrop in Europe and the US and heightened market volatility during the last two months, Aberdeen's new business flows have been resilient," said Martin Gilbert, Chief Executive of Aberdeen. Bunzl, the international distribution and outsourcing group, has announced two small bolt-on acquisitions. The first is Ideal Global Sistemas de Higiene, a Brazilian supplier of cleaning and hygiene consumable products. The other is D-Care, based in Utrecht, which is principally engaged in the distribution of medical disposable products throughout the Netherlands.Turning to smaller companies, media and publishing firm Dods is lower after it reduced half year losses but saw revenue drop as it battles against persistent market headwinds. The group, which employs 200 people and operates in the UK, France and Belgium, said adjusted pre-tax losses reduced to £584,000 for the six months ended 30 June 2011 from a loss of £593,000 before. Revenue for the period fell to £6.1m from £7.9m the year before. The group says it remains confident about meeting full year forecasts. Investors have an appetite for cake and bread maker Finsbury Food posted a 12.6% increase in annual revenue as its cake division returned to growth and progress was made across the rest of group. Adjusted pre-tax profit rose to £5.8m in the year ended 2 July 2011 from £5.4m the year before. Revenue swelled to £189.6m from £168.3m previously. FTSE 100 - RisersAviva (AV.) 299.30p +7.93%Barclays (BARC) 156.70p +7.33%Legal & General Group (LGEN) 97.50p +6.44%Royal Bank of Scotland Group (RBS) 24.21p +6.04%Lloyds Banking Group (LLOY) 36.13p +5.81%Cairn Energy (CNE) 291.90p +4.59%International Consolidated Airlines Group SA (IAG) 148.30p +4.36%Prudential (PRU) 568.50p +4.03%Sainsbury (J) (SBRY) 277.00p +4.02%ITV (ITV) 60.00p +3.90%FTSE 100 - FallersFresnillo (FRES) 1,574.00p -3.79%Randgold Resources Ltd. (RRS) 6,210.00p -2.20%Kazakhmys (KAZ) 800.50p -1.66%Johnson Matthey (JMAT) 1,541.00p -1.22%Petrofac Ltd. (PFC) 1,236.00p -0.96%BAE Systems (BA.) 271.90p -0.69%Capita Group (CPI) 709.00p -0.63%Vedanta Resources (VED) 1,107.00p -0.54%ARM Holdings (ARM) 571.50p -0.52%Rio Tinto (RIO) 2,971.00p -0.47%FTSE 250 - RisersHeritage Oil (HOIL) 241.80p +8.58%Thomas Cook Group (TCG) 38.41p +6.43%Ashtead Group (AHT) 135.70p +6.02%Debenhams (DEB) 58.95p +5.36%3i Group (III) 196.70p +5.07%Barratt Developments (BDEV) 84.05p +4.93%Britvic (BVIC) 305.80p +4.05%Micro Focus International Plc (MCRO) 328.20p +3.96%Soco International (SIA) 332.50p +3.91%SIG (SHI) 94.55p +3.90%FTSE 250 - FallersAfrican Barrick Gold (ABG) 526.50p -7.55%Premier Foods (PFD) 10.49p -3.41%Rank Group (RNK) 123.40p -3.22%JPMorgan Asian Inv Trust (JAI) 177.30p -2.96%Exillon Energy (EXI) 200.00p -2.91%Fidelity China Special Situations (FCSS) 72.65p -2.35%Elementis (ELM) 121.60p -2.25%EnQuest (ENQ) 91.65p -2.08%Spirent Communications (SPT) 120.80p -1.95%Renishaw (RSW) 1,021.00p -1.83%
More News
27 Oct 2023 21:11

EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News:

Read more
27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

Read more
27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

Read more
27 Oct 2023 11:04

UAE lender to support Barclays family with £1bn bid for Telegraph - report

(Sharecast News) - First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.

Read more
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

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.