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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.78
Bid: 54.20
Ask: 57.00
Change: 0.00 (0.00%)
Spread: 2.80 (5.166%)
Open: 0.00
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Low: 0.00
Prev. Close: 55.78
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London midday: FTSE 100 on the ascent

Tue, 24th May 2011 12:04

Shares are still in positive territory, but the gains are modest compared to yesterday's slide.Higher commodity prices are boosting the likes of South American copper miner Antofagasta and South African platinum miner Lonmin.The banking sector is under pressure though, with Moody's considering downgrading Lloyds Banking, Royal Bank of Scotland and 12 others. The ratings agency is worried that credit risk may increase after the withdrawal of government support.In company news, high street stalwart Marks & Spencer eases even after it said it was winning market share in both clothes and food sales as it posted pre-tax profits in line with expectations for the year to 31 March. Underlying pre-tax profits totalled £714.3m, up from £694.6m the previous year. Revenue rose to £9.7bn from £9.5bn.Oil and gas outfit Cairn Energy moves higher after it said the government of Greenland recently approved the location of seven exploration drill sites, which gives the company some flexibility in its planned 2011 programme. The UK economy is recovering, albeit slowly, if the experience of self-storage company Big Yellow, another faller today, is anything to go by, but the company is still waiting for the pace of recovery to change gear. Revenue in the 12 months to 31 March rose 7% to £61.9m from £58.0m the prior year. Adjusted profit before tax surged 22% to £20.2m from £16.5m a year earlier.Cable & Wireless Worldwide is posting big gains after it said it saw underlying profit before tax jump 23% to £143m in the year to 31 March from £116m the year before. The board said it intends to hold the annual dividend at 4.5p until it is covered by free cash flow.The buy-to-let mortgage lender Paragon is in demand after posting a sharp rise in profits, helped by an upturn in tenant demand in the private rented sector.Plastics group Victrex, which serves transport, electronics and other markets, hailed a recovery in all its main areas as it posted a rise in revenues and profits.MITIE is enjoying second day of gains after its results yesterday. Peel Hunt has upgraded the outsourcing group to 'hold' from 'sell', noting the company's underperformance against the peer groupShares in EMED Mining soared after it said it received formal approval from the Andalucian government to restart its Rio Tinto copper mine.Travel group Holidaybreak is wanted after it narrowed half year losses and said it remains on course to meet management expectations for the year despite tough operating conditions. The education and activity travel specialist reported a pre-tax loss of £16.8m in the six months ended 31 March 2011 from a loss of £20m previously. Revenue fell to £139.6m from £150.2m. FTSE 100 - RisersCairn Energy (CNE) 437.30p +4.32%BG Group (BG.) 1,387.00p +3.24%Antofagasta (ANTO) 1,197.00p +3.19%Fresnillo (FRES) 1,342.00p +3.07%Kazakhmys (KAZ) 1,236.00p +2.40%Petrofac Ltd. (PFC) 1,549.00p +2.24%Xstrata (XTA) 1,386.50p +2.14%Aggreko (AGK) 1,748.00p +2.10%IMI (IMI) 1,013.00p +2.01%Anglo American (AAL) 2,887.00p +2.00%FTSE 100 - FallersMarks & Spencer Group (MKS) 386.00p -2.77%International Consolidated Airlines Group SA (IAG) 229.90p -2.17%Lloyds Banking Group (LLOY) 50.20p -1.32%Barclays (BARC) 265.00p -1.21%Whitbread (WTB) 1,659.00p -1.01%Carnival (CCL) 2,460.00p -1.01%TUI Travel (TT.) 227.60p -0.96%Associated British Foods (ABF) 1,068.00p -0.93%British Land Co (BLND) 571.00p -0.87%ITV (ITV) 68.40p -0.87%FTSE 250 - RisersMitie Group (MTO) 232.60p +5.54%Cable & Wireless Worldwide (CW.) 51.95p +4.61%Travis Perkins (TPK) 1,044.00p +4.30%Sports Direct International (SPD) 219.50p +3.34%Exillon Energy (EXI) 448.20p +3.32%Computacenter (CCC) 450.00p +3.31%Hochschild Mining (HOC) 523.00p +3.16%Centamin Egypt Ltd. (CEY) 125.10p +3.05%Pace (PIC) 101.00p +2.85%Victrex (VCT) 1,440.00p +2.78%FTSE 250 - FallersBig Yellow Group (BYG) 333.00p -3.31%FirstGroup (FGP) 339.90p -2.66%TalkTalk Telecom Group (TALK) 145.40p -2.48%Britvic (BVIC) 428.60p -1.88%Phoenix Group Holdings (DI) (PHNX) 667.00p -1.77%Dixons Retail (DXNS) 19.57p -1.71%Ladbrokes (LAD) 144.10p -1.64%Capital & Counties Properties (CAPC) 170.50p -1.62%William Hill (WMH) 206.80p -1.62%COLT Group SA (COLT) 144.20p -1.57%
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