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: Miners drag Footsie lower

Fri, 23rd Mar 2012 11:55

- Footsie on track for worst weekly performance YTD- Miners fall, Randgold still hampered by Malian concerns- BT rises on pension deficit arrangementAfter a strong start, a sell-off in the mining sector dragged the Footsie into the red by lunchtime. Rising commodity prices did little to lift the mood with miners bearing the brunt of the losses.The blue chip index remains 134 points down on last Friday's close of 5,966. According to Reuters, the benchmark is on course for its worst weekly performance so far in 2012."Deteriorating confidence in the global growth outlook led to a worsening of investor sentiment this week. Investors took profit on their equity exposure, pushing all equity markets except the Nasdaq into negative territory," said Stefan Angele from Swiss & Global Asset Management.In domestic news, the Nationwide consumer confidence index declined from 47 to 44 in February. "The fall in confidence was broadly based with deteriorations seen in consumers' assessment of the current economic situation, the future outlook and their willingness to pay," said analysts at Barclays Capital. The Bank of England's (BoE) Financial Policy Committee said that - in its conclusions from the last policy meeting - it remains "concerned that capital was not yet at levels that would ensure resilience in the face of prospective risks and noted that the ability to make further progress via greater restraint of cash distributions was limited. It therefore advised banks to raise external capital as early as feasible."Meanwhile in Europe, economists are starting to speculate whether the recent mass inflow of money provided by the European Central Bank (ECB) is starting to wear off. Ex-ECB member Jürgen Stark warned that the monetary authority's LTROs could lead to higher inflation in the medium term as it couldn't possibly be quickly absorbed by the system. MINERS DROP WHILE BT SURGESMiners continue to be weighed down by yesterday's gloomy manufacturing data from China which fuelled demand concerns from the world's second-largest economy. Angele said today that, with house prices continuing to fall, the risk of a hard-landing for the Chinese economy is increasing. "The key question remains whether the downward dynamics will be stopped by accommodative monetary policy action or not," he said.Randgold Resources continues to be plagued by disruption concerns in Mali. Yesterday, shares sank as much as 15% on the back of reports of a military coup in Mali, the country where some of its main projects are located. While the firm has assured that operations are still running normally, the stock was hit by a downgrade from Citigroup this morning. Sector peers Rio Tinto, Anglo American, Evraz, Xstrata and ENRC were also out of favour.Meanwhile, the big news of the day was surrounding telecoms group BT, which jumped 5% after announcing plans to eliminate its pension deficit within 10 years. BT said it would make a lump sum payment of £2bn into its pension scheme to nearly halve the £4.1bn deficit. This would then be followed by nine separate payments of £325m every March until 2021. US investment bank Jefferies said this morning that the agreement gives BT scope to raise its dividend, something that "has been a longstanding driver of our positive view on BT. Incremental positive is that upgrades may now be communicated in May, six months earlier than expected."Next was performing well following the release of its full-year results yesterday. Nomura raised its target price on the stock this morning, saying that it continues to view the shares as a "core holding in the sector".Financials meanwhile were mixed with banking peers Lloyds and Barclays making slight gains. Lloyds announced yesterday that its sale of 632 branches to the Co-op is proving trickier than first thought, due to the "complex" nature of the deal. Meanwhile, HSBC was in the red after announcing the sale of a large stake in its Middle East private equity arm HPEME.On the FTSE 250, Phoenix Group, the insurance consolidation company which has attracted the interest of private equity, was in demand after cash generation beat its own targets in 2011. However, net income declined to £6,490m from £7,543m in 2010, while profit before finance costs and tax dipped to £247m from £280m the year before.BCFTSE 100 - RisersBT Group (BT.A) 230.60p +4.72%Next (NXT) 2,990.00p +2.61%Morrison (Wm) Supermarkets (MRW) 306.90p +1.76%Ashmore Group (ASHM) 371.40p +1.61%Kingfisher (KGF) 311.80p +1.43%ITV (ITV) 88.00p +1.38%Whitbread (WTB) 1,770.00p +1.26%Smiths Group (SMIN) 1,028.00p +1.18%Aberdeen Asset Management (ADN) 253.80p +1.12%International Consolidated Airlines Group SA (IAG) 181.20p +1.06%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 5,460.00p -5.29%Evraz (EVR) 383.30p -1.44%Anglo American (AAL) 2,409.50p -1.33%Rio Tinto (RIO) 3,289.50p -1.33%Aviva (AV.) 344.10p -1.23%Wolseley (WOS) 2,477.00p -1.08%SABMiller (SAB) 2,532.50p -1.05%Burberry Group (BRBY) 1,528.00p -1.04%Intertek Group (ITRK) 2,500.00p -1.03%BHP Billiton (BLT) 1,881.50p -1.03%FTSE 250 - RisersEssar Energy (ESSR) 150.20p +6.52%Ruspetro (RPO) 190.40p +4.21%Dixons Retail (DXNS) 19.55p +3.71%Northgate (NTG) 220.90p +3.22%Kenmare Resources (KMR) 46.00p +3.14%Phoenix Group Holdings (DI) (PHNX) 565.50p +2.82%Regus (RGU) 117.70p +2.79%Aquarius Platinum Ltd. (AQP) 152.60p +2.42%Drax Group (DRX) 530.50p +2.22%easyJet (EZJ) 464.20p +2.18%FTSE 250 - FallersExillon Energy (EXI) 175.90p -3.56%Gem Diamonds Ltd. (DI) (GEMD) 292.90p -3.52%Cable & Wireless Worldwide (CW.) 36.66p -3.48%Heritage Oil (HOIL) 146.00p -3.31%Ophir Energy (OPHR) 404.10p -3.09%Hochschild Mining (HOC) 455.20p -2.11%Logica (LOG) 95.45p -2.10%London & Stamford Property Ltd. (LSP) 111.20p -2.03%Ferrexpo (FXPO) 296.50p -2.02%African Barrick Gold (ABG) 391.60p -1.93%
More News
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
24 Oct 2023 09:22

LONDON MARKET OPEN: Banks weigh on FTSE 100 after Barclays disappoints

(Alliance News) - Stock prices in London opened lower on Tuesday, amid some disappointing UK company updates and the continuing uncertainty caused by the conflict in the Middle East

Read more
23 Oct 2023 11:15

Barclay family looks to stall crucial court case - report

(Sharecast News) - The Barclay family is seeking to postpone a court case that would see insolvency proceedings get underway for one of their key holding companies, it was reported on Monday.

Read more
18 Oct 2023 15:44

UK earnings, trading statements calendar - next 7 days

Thursday 19 October 
AJ Bell PLCTrading Statement
Centamin PLCQ3 Results
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
GB Group PLCTrading Statement
Gear4Music PLCHalf Year Results
Hargreaves Lansdown PLCTrading Statement
London Stock Exchange Group PLCTrading Statement
Man Group PLCTrading Statement
Mondi PLCTrading Statement
PensionBee Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Relx PLCTrading Statement
Rentokil Initial PLCQ3 Results
Sabre Insurance Group PLCTrading Statement
Schroders PLCTrading Statement
St James's Place PLCTrading Statement
Friday 20 October 
Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
Monday 23 October 
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Virgin Wines UK PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
11 Oct 2023 10:18

Mitie halfway through buyback, raises operating profit guidance

(Alliance News) - Mitie Group PLC on Wednesday said revenue increased by around 11% in its latest half year, and that it completed the first GBP25 million tranche of its GBP50 million share buyback.

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.