Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 55.56
Bid: 55.64
Ask: 55.66
Change: -0.52 (-0.93%)
Spread: 0.02 (0.036%)
Open: 56.22
High: 56.32
Low: 54.98
Prev. Close: 56.08
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: Markets celebrate global corporate earnings

Thu, 19th Jul 2012 11:45

- Corporate earnings lift sentiment- UK June retail sales meet forecasts as prices drop- Kingfisher falls after rain dampens salesEuropean stock markets were firmly in the blue on Thursday morning on the back a barrage of upbeat quarterly earnings reports from blue chips across the globe."A combination between a quiet Eurozone and better than expected corporate earnings are really lifting sentiment," said analyst Craig Erlam from Alpari. Heavyweight companies from across the globe have boosted the mood with their earnings today, including eBay, Nokia, AkzoNobel, Sandvik and Novartis. Morgan Stanley, Microsoft and Google are expected to release their results later today.UK retail sales volumes increased by 0.1% month-on-month (1.6% year-on-year) during the month of June, according to the latest data available from the Office for National Statistics (ONS). The consensus estimate had been for a rise of 0.6% month-on-month (2.4% year-on-year).Meanwhile, investors will be digesting last night's release of the Federal Reserve's Beige Bookwhich said that the US economic grew at a "modest to moderate" pace over the last month. Stocks closed higher yesterday after Fed Chairman Ben Bernanke said that he does not expect the US economy to slip back into recession. Analyst Cooper Howes from Barclays Capital said:"The Fed will not feel compelled to act (or not act) on this report alone, and the decision of whether or not to pursue further monetary stimulus will depend on developments in the economic data and financial markets between now and the [next] meeting." FTSE 100: Rainfall dampens growth at Kingfisher Kingfisher, Europe's largest home improvement retailer, was among the worst performers after sales were hit by the extraordinary bad weather in the second quarter, though trading in the UK and Ireland was resilient. ??Engineering groups IMI, GKN and Weir was high risers after Swedish peer Sandvik released better-than-expected second-quarter results. Meanwhile, Croda International gained on the back of positive read-across from AkzoNobel. ??Natural gas group BG was under the weather after Credit Suisse downgraded the stock to 'neutral' and cut its target price from 1,660p to 1,500p. Mining firm Vedanta dropped after HSBC slashed its target from 1,320p to 1,000p, though it maintained its 'overweight' rating. ??Banking group Lloyds was higher after it agreed with the Co-op to sell hundreds of its branches for an initial consideration of £350m, and up to an additional £400m in present value. ?FTSE 250: Board changes move stocksHalfords advanced after saying that Chief Executive David Wild is on his bike leaving the non-executive Chairman Dennis Millard in charge of the shop while the struggling seller of bikes and car parts looks for a replacement. The group also reported that LFL sales gained 0.9% in the five weeks to June 29th. ??Oilfield services firm Wood Group rose after saying that Chairman Sir Ian Wood is to retire in November and will be succeeded by the group's CEO, Allister Langlands. ??In contrast, West Africa-focused gold miner Avocet Mining fell after it revealed that CEO Brett Richards is to resign and will be replaced by the group's Chief Operating Officer (COO). ??Digging deeper at the Simrit-2 exploration well in the Kurdistan region of Iraq has paid off for oil exploration firm Afren as the well's total net oil pay has increased to 460 metres. Shares jumped 7%. ??Elsewhere, AIM-listed sports retailer JJB dropped after saying that it is having to slow down its refurbishment programme as poor sales mean the group will need an injection of cash from its backers earlier than planned. FTSE 100 - RisersBurberry Group (BRBY) 1,277.00p +3.65%Petrofac Ltd. (PFC) 1,495.00p +2.05%Royal Bank of Scotland Group (RBS) 208.30p +1.96%IMI (IMI) 806.00p +1.90%Antofagasta (ANTO) 1,092.00p +1.87%International Consolidated Airlines Group SA (CDI) (IAG) 159.10p +1.79%ICAP (IAP) 316.60p +1.77%Smiths Group (SMIN) 1,093.00p +1.77%Experian (EXPN) 965.00p +1.69%ARM Holdings (ARM) 485.70p +1.59%FTSE 100 - FallersBG Group (BG.) 1,290.00p -2.09%National Grid (NG.) 661.50p -1.34%Kingfisher (KGF) 271.70p -1.27%United Utilities Group (UU.) 687.50p -1.22%Aberdeen Asset Management (ADN) 257.90p -1.00%CRH (CRH) 1,201.00p -0.99%Imperial Tobacco Group (IMT) 2,510.00p -0.95%Fresnillo (FRES) 1,417.00p -0.91%Randgold Resources Ltd. (RRS) 5,675.00p -0.61%Centrica (CNA) 320.50p -0.53%FTSE 250 - RisersHalfords Group (HFD) 210.20p +6.48%Afren (AFR) 126.30p +6.22%Paragon Group Of Companies (PAG) 183.90p +5.69%Elementis (ELM) 195.90p +4.42%Fenner (FENR) 351.80p +4.24%TUI Travel (TT.) 176.30p +4.01%Regus (RGU) 88.00p +3.83%Electrocomponents (ECM) 219.30p +3.69%Howden Joinery Group (HWDN) 131.70p +3.54%Cookson Group (CKSN) 628.50p +3.46%FTSE 250 - FallersTalkTalk Telecom Group (TALK) 182.20p -4.00%Ashtead Group (AHT) 257.00p -2.69%Ultra Electronics Holdings (ULE) 1,558.00p -2.44%Avocet Mining (AVM) 67.60p -2.31%Lancashire Holdings (LRE) 780.50p -1.20%Bank of Georgia Holdings (BGEO) 1,119.00p -0.89%easyJet (EZJ) 558.50p -0.80%Galliford Try (GFRD) 644.00p -0.77%Gem Diamonds Ltd. (DI) (GEMD) 211.60p -0.70%British Assets Trust (BSET) 118.10p -0.67%BC
More News
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
8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

Read more
4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

Read more
30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

Read more
30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

Read more
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

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.