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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 52.20
Bid: 52.16
Ask: 52.20
Change: 0.30 (0.58%)
Spread: 0.04 (0.077%)
Open: 52.10
High: 52.84
Low: 51.92
Prev. Close: 51.90
LLOY Live PriceLast checked at -

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London midday: Stocks rise as BoE holds fire, markets eye ECB

Thu, 04th Jul 2013 11:28

The FTSE 100 issued decent gains on Thursday morning, taking advantage of expected low volumes on the back of the Independence Day holiday in the States, with all eyes on central banks in the UK and Europe in the absence of any major economic data today.As expected, the Bank of England (BoE) stood pat, keeping its Bank Rate at 0.5% and maintaining the asset purchase programme at £375bn, at the first meeting led by new central-bank governor Mark Carney.In an unusually long statement alongside the decision, the BoE said that there have been "further signs that a recovery is in train" since the May Inflation Report, "although it remains weak by historical standards and a degree of slack is expected to persist for some time". The European Central Bank (ECB) is also due to release its announcement in the coming hours, but is predicted to follow suit with no change to policy.Speaking ahead of the press conference with ECB chief Mario Draghi later this afternoon, Matt Basi, Head of UK Sales Trading at CMC Markets, said: "A soothingly dovish statement is to be expected given the turmoils of Portugal and their rocketing yields over the past week, as the Italian seeks to reassure markets that the single currency isn't about to descend once more into chaos."Traders are also likely be on edge ahead of the all-important US jobs report scheduled for Friday afternoon, an event that it likely to factor into the Federal Reserve's decision on whether or not to begin 'tapering' stimulus. Meanwhile, crude prices remained elevated this morning, with West Texas Intermediate trading near a 14-month high, on concerns over supply from the Middle East after the removal of Egyptian President Mohamed Morsi by the military. Unrest across the country has prompted fears that the flows along the Suez Canal and Suez-Mediterranean Pipeline could be affected. FTSE 100: Banks providing supportRBS was making gains this morning after it was reported that rivals - including BNP Paribas, Commerzbank and Societe Generale - were considering bids for its retail products and equity derivatives business. The company was also in the focus on rumours that it has begun to shortlist candidates to replace CEO Stephen Hester.The stock was also given a boost by comments from Nomura which said that an improving housing market in the UK should rub off on domestic banks. The broker raised its rating for Lloyds from 'reduce' to 'neutral' as part of the sector review. Banking peers Barclays, Standard Chartered and HSBC were also higher this morning.Engineering and auto components group GKN was a high riser again today, extending gains after US vehicle sales data for June came in much better than expected. Figures from the UK this morning should a 13.4% year-on-year jump in new car registrations, providing a lift to the wider auto sector.Budget airline easyJet advanced after reporting a 1.9% increase in passenger numbers in June. Investors were shrugging off the news that the airline cancelled 585 flights during the month (compared to 22 flights a year ago), due to the French Air Traffic Control strike. Wood Group was also performing well after securing its sixth major North Sea contract extension this year. It has won a three-year contract from Nexen Petroleum UK to deliver operations, maintenance and technical support services to the Scott and Buzzard platforms.FTSE 250: Housebuilders jump early onBritish housebuilder Redrow surged after saying that its full-year profit will be above the top end range of market expectations as revenue rose 26% to £604.8m. The company said results for the year to June 30th were driven by a 15% increase in the number of homes legally completed to 282. Housebuilder Taylor Wimpey also rose after trading at the upper end of company expectations during the first half of its financial year, following improvements across most of its markets in the UK. Sector peers Bellway and Barratt Developments also advanced this morning. Galliford Try edged higher also after saying that it has delivered record profits this year.However, it was Centamin that was the standout performer on the second-tier index this morning after shares in the Egyptian miner were lifted by the overnight developments in Egypt. Analysts at Investec said this morning: "Providing protests and disruptions do not result in fuel or explosives issues for [Centamin's Sukari] mine, CEY could continue as normal throughout this uncertainty."FTSE 100 - RisersGKN (GKN) 315.70p +2.57%easyJet (EZJ) 1,353.00p +2.50%Rolls-Royce Holdings (RR.) 1,166.00p +2.46%Royal Bank of Scotland Group (RBS) 276.50p +2.41%Tate & Lyle (TATE) 837.00p +2.39%Rio Tinto (RIO) 2,710.50p +2.32%Randgold Resources Ltd. (RRS) 4,278.00p +2.25%Persimmon (PSN) 1,240.00p +2.23%Old Mutual (OML) 185.00p +2.21%SABMiller (SAB) 3,182.00p +2.09%FTSE 100 - FallersSchroders (SDR) 2,191.00p -2.84%Whitbread (WTB) 3,085.00p -1.12%British Sky Broadcasting Group (BSY) 807.50p -0.80%Reckitt Benckiser Group (RB.) 4,673.00p -0.70%G4S (GFS) 224.90p -0.66%Tullow Oil (TLW) 1,056.00p -0.47%IMI (IMI) 1,289.00p -0.46%Hammerson (HMSO) 501.00p -0.20%Amec (AMEC) 1,000.00p -0.20%TUI Travel (TT.) 360.00p -0.06%FTSE 250 - RisersCentamin (DI) (CEY) 36.84p +18.27%Redrow (RDW) 234.40p +5.59%Taylor Wimpey (TW.) 101.80p +5.00%Lonmin (LMI) 268.00p +3.08%888 Holdings (888) 159.70p +3.03%Regus (RGU) 173.70p +2.84%Thomas Cook Group (TCG) 139.60p +2.72%Hiscox Ltd (HSX) 589.00p +2.52%Bellway (BWY) 1,339.00p +2.45%Barratt Developments (BDEV) 325.60p +2.39%FTSE 250 - FallersAlent (ALNT) 344.80p -2.46%United Drug (UDG) 322.20p -2.36%Bwin.party Digital Entertainment (BPTY) 122.90p -1.76%Domino's Pizza Group (DOM) 630.50p -1.71%Evraz (EVR) 100.90p -1.56%Hays (HAS) 88.45p -1.28%Britvic (BVIC) 498.80p -1.23%Smith (DS) (SMDS) 242.00p -1.22%Jupiter Fund Management (JUP) 289.70p -1.19%Man Group (EMG) 82.35p -1.14%
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22 Feb 2024 16:26

London close: Stocks rise amid raft of solid earnings

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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22 Feb 2024 09:59

CORRECT: Lloyds profit rises but books GBP450 million probe provision

(Correcting sum of Lloyds Banking Group PLC's final dividend.)

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22 Feb 2024 08:24

TOP NEWS: Lloyds profit rises but books GBP450 million probe provision

(Alliance News) - Lloyds Banking Group PLC on Thursday reported an annual profit surge and announced a new share buyback, though it said it has booked a provision in connection to a UK watchdog probe on historic motor finance arrangements.

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22 Feb 2024 07:49

LONDON BRIEFING: Lloyds sets aside GBP450 million for UK motor probe

(Alliance News) - Stocks in London are set to higher on Thursday, as earnings from Nvidia, at the heart of an artificial intelligence boom, did not disappoint.

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22 Feb 2024 07:03

Lloyds FY profit soars, puts aside £450m for motor finance probe

(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.

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21 Feb 2024 09:18

Thursday preview: Global PMIs, Lloyds in focus

(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.

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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

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20 Feb 2024 09:18

IN BRIEF: GCP Infrastructure enters into new revolving credit facility

GCP Infrastructure Investments Ltd - Jersey-based investment fund focused on infrastructure - Announces that it entered into a new revolving credit facility on Thursday. The RCF has a three-year term and has been agreed with Lloyds Bank PLC, Mizuho Bank Ltd, Allied Irish Bank and Clydesdale Bank PLC acting as lenders. GCP says it has reduced the total RCF commitments to GBP150 million from GBP190 million, in line with the company's capital policy as outlined in its 2023 annual report. In December, GCP adopted a policy realising around 15% of its portfolio, GBP150 million, to "rebalance sectors and reduce equity exposures, and to apply the funds towards a material reduction in the RCF", as well as to facilitate the return of at least GBP50 million to shareholders by the end of calendar 2024.

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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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16 Feb 2024 14:59

London close: Stocks rise as UK retail sales rebound

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

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15 Feb 2024 14:42

UK earnings, trading statements calendar - next 7 days

Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Antofagasta PLCFull Year Results
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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8 Feb 2024 13:50

Santander reportedly lodges complaint about Nationwide ad

(Sharecast News) - Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.

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5 Feb 2024 10:25

PRESS: Iran used Lloyds and Santander to evade sanctions, FT reports

(Alliance News) - Shares in Lloyds Banking Group PLC and Banco Santander SA fell on Monday, after a report that Iran used the two banks to covertly move money around the world as part of a sanctions-evasion scheme.

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30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

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

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