Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 56.20
Bid: 56.26
Ask: 56.30
Change: 0.68 (1.22%)
Spread: 0.04 (0.071%)
Open: 56.00
High: 56.30
Low: 55.68
Prev. Close: 55.52
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: Eurozone, Chinese concerns weigh on market

Fri, 13th Apr 2012 11:43

- Chinese GDP misses forecasts- Miners rise on speculation of police easing in China- Spanish bank borrowing nearly doublesLondon's blue-chip index was firmly lower by Friday lunchtime and US stock futures were pointing to a weak start on Wall Street as economic data from China and concerns over Spain's finances dampened sentiment.Gross domestic product (GDP) growth in China slowed to an annual rate of 8.1% in the first quarter of 2012, according to the National Bureau of Statistics, down from the 8.9% expansion seen in the fourth quarter of last year and worse than the +8.4% estimate. "This morning's disappointing Q1 GDP data has added even more doubt into investors' minds regarding the state of the global recovery, and that was reflected in early trading," said analyst Craig Erlam from Alpari.Rising yields in Spain were also causing some concern today. By 11:12 in Madrid, the yield on a 10-year Spanish bond was up 10.5 basis points at 5.925% despite a board member of the European Central Bank (ECB) assuring that rumours of a Spanish bailout were untrue. Meanwhile, gross borrowing by Spanish banks from the ECB nearly doubled from February to March, weighed on banking stocks across the continent - the STOXX Europe 600 Banks index was down 1.49%. FTSE 100: Miners gains on Chinese stimulus hopesThe miners were the best performers of the day, with Evraz, Polymetal, Rio Tinto, Anglo American, BHP Billiton and Glencore making decent gains. While the Chinese GDP data did indeed come in below expectations, rumours are flying around the market that the 'weak' (by Chinese standards) growth may prompt the central bank to boost the economy by launching new stimulus measures.Xstrata and Glencore were on the rise even though they admitted this morning that their planned tie-up may take a little longer than expected, as they continue discussions with regulatory authorities which require anti-trust filings to be submitted. Oil giant Royal Dutch Shell was a high riser following Thursday's fall on the back of an oil sheen spotted near its operations in the Gulf of Mexico. The company released an statement late yesterday saying that following a thorough investigation, it could confirm that the oil did not come from its own platforms. Weighing on financial stocks today has been borrowing data from the Eurozone. Man Group, RBS, Admiral, Lloyds and Hargreaves Lansdown were providing a drag in London.Business software group Sage was the heavy faller early on after Jefferies downgraded its rating on the stock from buy to hold. "In the absence of any pronounced end-market recovery, we are tempering our group growth assumptions for FY12E, with a modestly improved EBIT margin expectation," the broker said. FTSE 250: Avocet falls after Inata update Burkina Faso-focused gold miner Avocet Mining says it may have to construct a new process plant at its Inata project, rather than just extend the existing plant, in order to provide more processing flexibility. Shares fell over 3%. ??Oil and gas group Premier Oil was in the red on the back of news that the company is to plug and abandon the Biawak Besar-1x exploration well in Indonesia. ??On the Alternative Investment Market (AIM), business communications services group Daisy was a heavy faller after announcing that its Chief Operating Officer Gareth Kirkwood has resigned with immediate effect.FTSE 100 - RisersEvraz (EVR) 364.80p +2.07%Polymetal International (POLY) 969.50p +1.04%Xstrata (XTA) 1,114.00p +0.77%Shire Plc (SHP) 1,966.00p +0.72%Rio Tinto (RIO) 3,511.00p +0.69%Morrison (Wm) Supermarkets (MRW) 293.30p +0.65%Anglo American (AAL) 2,285.00p +0.57%BHP Billiton (BLT) 1,916.50p +0.52%Glencore International (GLEN) 406.70p +0.44%Royal Dutch Shell 'B' (RDSB) 2,181.00p +0.32%FTSE 100 - FallersMan Group (EMG) 112.30p -2.69%Royal Bank of Scotland Group (RBS) 25.32p -2.47%Admiral Group (ADM) 1,188.00p -2.38%Lloyds Banking Group (LLOY) 31.33p -1.83%Sage Group (SGE) 290.10p -1.83%Hargreaves Lansdown (HL.) 467.30p -1.68%Reed Elsevier (REL) 530.00p -1.58%Eurasian Natural Resources Corp. (ENRC) 577.00p -1.45%WPP (WPP) 847.50p -1.40%Schroders (SDR) 1,454.00p -1.36%FTSE 250 - RisersCable & Wireless Worldwide (CW.) 37.28p +5.13%Ruspetro (RPO) 199.70p +2.67%Ferrexpo (FXPO) 295.00p +2.54%Yule Catto & Co (YULC) 240.00p +2.35%JD Sports Fashion (JD.) 808.50p +2.21%Elementis (ELM) 198.00p +2.11%Rentokil Initial (RTO) 88.50p +2.08%Rathbone Brothers (RAT) 1,290.00p +2.06%Diploma (DPLM) 434.10p +2.00%Oxford Instruments (OXIG) 1,188.00p +1.89%FTSE 250 - FallersPerform Group (PER) 284.20p -5.30%Avocet Mining (AVM) 167.50p -3.46%Spirit Pub Company (SPRT) 52.50p -3.23%Exillon Energy (EXI) 126.90p -2.98%Kesa Electricals (KESA) 63.30p -2.84%Dixons Retail (DXNS) 17.39p -2.79%Tullett Prebon (TLPR) 343.80p -2.39%Cape (CIU) 377.00p -2.38%Close Brothers Group (CBG) 745.50p -2.29%Halfords Group (HFD) 295.10p -1.83%BC
More News
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

Read more
4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

Read more
2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

Read more
20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

Read more
19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
18 Dec 2023 10:51

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

Read more
17 Dec 2023 23:01

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

Read more
14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

Read more
12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

Read more
12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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.