Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 56.18
Bid: 55.94
Ask: 55.98
Change: -0.02 (-0.04%)
Spread: 0.04 (0.072%)
Open: 55.98
High: 56.30
Low: 55.80
Prev. Close: 56.20
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: Stocks stuck lower as volatility continues

Fri, 06th May 2011 12:03

On another jittery day for the top share index, the FTSE 100 is slightly lower having won back some earlier losses. Well received results have failed to lift it into positive territory though.Part-nationalised lender Royal Bank of Scotlandis in demand. It made an underlying first quarter operating profit of £1.05bn, up from £882m the year before. Total income declined to £7.55bn from £8.21bn the year before, as market conditions were not so favourable this time round for the group's investment banking arm, Global Banking and Markets. Unlike Lloyds Banking yesterday, however, the bank made no provision for potential claims relating to the mis-selling of payment protection insurance, saying it is too early to reliably judge how big the financial liability could be, though management admitted it could be substantial.International Consolidated Airlines (IAG) has taken off after it saw an improved performance in the first quarter as it reported its first results since forming from the merger of British Airways and Spain's Iberia. The company posted a pre-tax loss of €47m (£28.5m) for the three months to 31 March, much narrower than the €273m deficit that would have been seen in the same period the previous year had the two companies existed as one entity then. Revenues soared to €3.64bn from €3.15bn.Car insurer Admiral, another strong performer, has seen strong growth so far this year, although things are tougher at the website business Confused.com. Turnover was up by 56% in the first quarter compared with the same period last year at £539m, Admiral said in a trading statement covering 1 January to 5 May.Hotels group Millennium & Copthorne posted higher revenues and profits in the three months to 31 March, but warned that the recovery this year will be more subdued than that seen in 2010. Total revenues rose to £174.2m from £160.5m in the same period the previous year, while profits climbed to £19.7m from £18.6m. RevPAR (revenue per available room, a key measure for the hotel industry) was up to £55.28 from £51.78. Pest control and cleaning firm Rentokil Initial is wanted even after it posted a 10.1% drop in first quarter adjusted pre-tax profit but expects business at its struggling City Link to pick up in the next two quarters. Rentokil said it expected a financial improvement at City Link after strong progress since February and as new business wins come on stream towards the latter end of the second quarter and into the third. Shares in Helphire collapsed after the supplier of replacement vehicles to drivers involved in accidents said profits for the year to 30 June will be below expectations due to high oil prices reducing car usage. Helphire said it believes that an 8% decrease in claims by motorists over 2010 continued into the current year. "The group's view, supported by a number of industry surveys, is that motorists are using their cars less, principally due to cost," Helphire said. FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 43.09p +6.45%Carnival (CCL) 2,644.00p +3.69%Admiral Group (ADM) 1,717.00p +3.31%International Consolidated Airlines Group SA (IAG) 252.70p +2.72%ITV (ITV) 73.90p +2.50%BG Group (BG.) 1,433.50p +1.96%TUI Travel (TT.) 245.70p +1.57%Anglo American (AAL) 2,982.50p +1.27%Lloyds Banking Group (LLOY) 54.00p +1.16%Sainsbury (J) (SBRY) 352.40p +0.92%FTSE 100 - FallersMan Group (EMG) 246.60p -2.61%Schroders (Non-Voting) (SDRC) 1,363.00p -2.50%Royal Dutch Shell 'B' (RDSB) 2,198.00p -2.01%ARM Holdings (ARM) 556.00p -1.94%Amec (AMEC) 1,161.00p -1.78%Vodafone Group (VOD) 166.25p -1.77%Schroders (SDR) 1,670.00p -1.76%Scottish & Southern Energy (SSE) 1,308.00p -1.65%Royal Dutch Shell 'A' (RDSA) 2,199.00p -1.63%Hargreaves Lansdown (HL.) 609.50p -1.46%FTSE 250 - RisersCable & Wireless Worldwide (CW.) 49.78p +6.30%easyJet (EZJ) 355.90p +3.79%Laird (LRD) 142.50p +3.64%Rentokil Initial (RTO) 94.05p +3.29%Booker Group (BOK) 61.85p +2.23%Cobham (COB) 224.40p +1.68%Meggitt (MGGT) 352.60p +1.67%De La Rue (DLAR) 795.50p +1.34%African Barrick Gold (ABG) 512.00p +1.29%Dairy Crest Group (DCG) 400.70p +1.03%FTSE 250 - FallersAvis Europe (AVE) 185.00p -4.64%CPP Group (CPP) 126.00p -4.33%Imagination Technologies Group (IMG) 452.70p -4.03%Millennium & Copthorne Hotels (MLC) 514.50p -3.83%Sports Direct International (SPD) 197.60p -3.61%Ferrexpo (FXPO) 446.00p -3.59%Aquarius Platinum Ltd. (AQP) 335.60p -3.51%Dunelm Group (DNLM) 467.40p -3.45%Kenmare Resources (KMR) 42.00p -3.40%JD Sports Fashion (JD.) 863.50p -3.20%
More News
29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

Read more
26 Jun 2023 17:39

UK banks face profit hit from rising threat of economic hard landing

(Alliance News) - JPMorgan on Monday warned that high street lenders, Lloyds Banking Group PLC, Barclays PLC and NatWest Group PLC, face a profit squeeze in the event of a hard-landing for the UK economy.

Read more
26 Jun 2023 16:28

UK finance minister Hunt says banks are slow to pass on rate hikes to savers

LONDON, June 26 (Reuters) - Britain's finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved.

Read more
26 Jun 2023 11:57

LONDON MARKET MIDDAY: Risk-off amid higher rates, Russia instability

Alliance News) - Stock prices in London were lower at midday on Monday, as an aborted uprising in Russia over the weekend and hawkish moves from central banks over the past two weeks caused investors to tread carefully.

Read more
26 Jun 2023 10:10

JPMorgan downgrades Lloyds to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

Read more
26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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

Read more
26 Jun 2023 07:56

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

Read more
26 Jun 2023 07:40

Broker tips: Lloyds, Cranswick, On The Beach

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

Read more
23 Jun 2023 15:50

UK banks agree limited mortgage relief measures for stressed borrowers

LONDON, June 23 (Reuters) - British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to protect credit scores of borrowers who change loan terms, as the government sought to ease the strain of rising interest rates.

Read more
23 Jun 2023 14:15

UK Chancellor Hunt agrees measures with banks to cool mortgage crisis

(Alliance News) - UK Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates, but has resisted offering government support.

Read more
23 Jun 2023 13:12

UK's Hunt: Agreed measures with banks to ease mortgage payments strain

LONDON, June 23 (Reuters) - British finance minister Jeremy Hunt said he had agreed new measures with bank lenders on Friday to help ease the pressure on mortgage holders of raising interest rates.

Read more
23 Jun 2023 12:09

LONDON MARKET MIDDAY: Housebuilders bear brunt of rate hike worries

(Alliance News) - Stock prices in London were lower heading into Friday afternoon, as a poor week for equities continued, with investors fretting over the prospect of central banks keeping interest rates higher for longer.

Read more
22 Jun 2023 07:00

UK banks to ramp up data sharing in dirty money crackdown

Lloyds, NatWest among major banks involved in trials -sources

*

Read more
21 Jun 2023 17:18

London stocks fall after inflation data shock, homebuilders slump

UK's stubborn inflation fails to fall in May

*

Read more
21 Jun 2023 11:57

UK's Hunt says banks must honour commitments on mortgage help

LONDON, June 21 (Reuters) - British finance minister Jeremy Hunt said on Wednesday that mortgage lenders had to live up to their commitments to help borrowers struggling with higher interest rates.

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.