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: 0.12 (0.23%)
Spread: 0.04 (0.077%)
Open: 52.38
High: 52.90
Low: 52.18
Prev. Close: 52.06
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: Investors eye ECB decision as stocks edge higher

Thu, 03rd May 2012 12:08

- Investors await ECB decision- Successful bond auctions in France, Spain- Mixed reception to barrage of corporate updatesThe Footsie had traded within a narrow range in morning trade after a strong start ahead of a closely watch interest rate decision from the European Central Bank (ECB) due this afternoon.Expectations are for no change from the ECB but some observers believe that it is possible that ECB President Mario Draghi may hint at additional future easing measures. "Although we don't expect an announcement today regarding any specific planned easing measures, people will be looking for confirmation that the ECB are still open to further easing should the Eurozone require it, especially now that a number of countries have fallen into a double dip recession," said analyst Craig Erlam from Alpari.In domestic news, the service-sector purchasing managers' index for the UK compiled by Markit fell to 53.3 points in April, from the 55.3 in the month before. That marks the weakest pace of expansion seen since last November. Nonetheless, the index has now held above the 50-point mark for 16 consecutive months.Successful bond auctions in both France and Spain have lifted sentiment in Europe today with strong bid-to-cover ratios being seen for Spanish debt in particular - Spain raised €2.52bn, slightly past the top end of the target range. "The strong demand for Spanish bonds is a strong indication that people do not view the situation as similar to Greece; however it is not known whether the numbers are artificially high due to the support of the Spanish banks using the remainder of their LTRO money," Erlam said.FTSE 100: S&N rises strongly after Q1 beatProfits and margins at medical technology group Smith and Nephew beat both analysts' and management forecasts in the first quarter of 2012, leading to a strong rise in the share price. Banks were also providing a lift on the blue-chip index by lunchtime, with HSBC, Lloyds and Barclays registering decent gains.Leading the downside were resource stocks with Antofagasta being the worst performer after seeing production drop sharply in the first three months of 2012 as maintenance work, lower ore grades and technical problem hampered activity.Meanwhile, gold miner Randgold fell after revealing that both first-quarter profits and production decreased quarter-on-quarter as output was held back the political upheaval in Mali and issues in Côte d'Ivoire. Oil and gas group BG was also a heavy faller despite a sharp increase in net earnings in the first quarter as it said that its Jasmine field will not start production until 2013, compared with previous guidance of "the end of this year".Fund manager Schroders rose after seeing assets under management rise in the first quarter despite a dip in pre-tax profits and inflows. Insurance giant Legal and General disappointed the market with its first-quarter revenue figure, which were barely changed from a year earlier.FTSE 250: Kesa jumps after Darty Telecom disposal?Kesa Electricals rose strongly after saying that its Darty France business has entered into a new commercial agreement with Bouygues Telecom, under which Bouygues will acquire 99.9% of Darty Telecom. ??Paper and packaging firm Mondi was lower after operating profits fell from €179m to €120m in the first quarter with the group saying that the weaker trading environment last year continued into 2012.FTSE 100 - RisersSmith & Nephew (SN.) 626.50p +3.47%Lloyds Banking Group (LLOY) 32.66p +1.84%Aviva (AV.) 316.40p +1.70%Imperial Tobacco Group (IMT) 2,577.00p +1.70%HSBC Holdings (HSBA) 570.70p +1.66%Burberry Group (BRBY) 1,539.00p +1.58%Bunzl (BNZL) 1,063.00p +1.53%British Sky Broadcasting Group (BSY) 712.00p +1.50%Whitbread (WTB) 2,002.00p +1.47%Rolls-Royce Holdings (RR.) 853.50p +1.43%FTSE 100 - FallersAntofagasta (ANTO) 1,107.00p -4.49%BG Group (BG.) 1,412.50p -2.65%Legal & General Group (LGEN) 118.80p -2.46%Randgold Resources Ltd. (RRS) 5,240.00p -2.06%Kazakhmys (KAZ) 834.00p -1.88%Weir Group (WEIR) 1,652.00p -1.67%Rexam (REX) 426.00p -1.50%Morrison (Wm) Supermarkets (MRW) 276.70p -1.18%Rio Tinto (RIO) 3,399.50p -1.15%Vedanta Resources (VED) 1,196.00p -0.83%FTSE 250 - RisersKesa Electricals (KESA) 59.45p +6.16%Betfair Group (BET) 829.50p +4.41%Inmarsat (ISAT) 455.40p +3.01%EnQuest (ENQ) 130.90p +2.59%Bwin.party Digital Entertainment (BPTY) 154.00p +2.39%Logica (LOG) 78.75p +2.34%Dixons Retail (DXNS) 18.46p +2.05%Northgate (NTG) 204.10p +2.05%Imagination Technologies Group (IMG) 657.00p +1.86%Balfour Beatty (BBY) 269.60p +1.81%FTSE 250 - FallersHome Retail Group (HOME) 83.20p -4.97%Talvivaara Mining Company (TALV) 171.10p -3.77%Exillon Energy (EXI) 136.40p -3.67%Avocet Mining (AVM) 164.70p -2.83%Paragon Group Of Companies (PAG) 177.10p -2.64%Euromoney Institutional Investor (ERM) 808.00p -2.42%Genus (GNS) 1,424.00p -2.26%KCOM Group (KCOM) 71.65p -2.18%Spirit Pub Company (SPRT) 58.50p -2.09%Petra Diamonds Ltd.(DI) (PDL) 148.50p -1.85%BC
More News
28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

Read more
28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

Read more
28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

Read more
28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

Read more
26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

Read more
19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

Read more
17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

Read more
17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

Read more
15 Nov 2023 16:59

LONDON MARKET CLOSE: Investors see end of sky-high rates in sight

(Alliance News) - Stock prices in London closed higher on Wednesday, with a pair of cooler inflation readings from either side of the Atlantic lifting spirits and driving largely broad-based gains in equities.

Read more
14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

Read more
3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

Read more
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

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.