We would love to hear your thoughts about our site and services, please take our survey 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: UK markets hit two-week low as downgrades hit blue chips

Fri, 24th Jan 2014 11:20

- Aberdeen, Lloyds, easyJet, Whitbread hit by downgrades- US stock futures point to another sell-off- Carney hints at scrapping forward guidancetechMARK 2,800.83 -0.95%FTSE 100 6,697.93 -1.11%FTSE 250 15,732.15 -1.55%UK markets were trading down over one per cent by Friday lunchtime with a number of heavyweight stocks being pressured lower by broker downgrades.Blue chips Aberdeen, Lloyds, easyJet and Whitbread were all providing a drag on the top-tier index after analysts lowered their ratings for the stocks.After treading water a eight-month highs earlier in the week, the FTSE 100 in London has been sold off ahead of the weekend and was 1.1% lower at just under 6,700 by midday. It has not closed below this level since January 9th.Stock futures in the States pointing to a similarly bearish start on Wall Street later on as US indices pick up from where they left off after a sell-off on Thursday which sent the Dow Jones Industrial Average to a five-week low. Weakness on Asian markets overnight also dampened sentiment this morning in the UK.Investors were still reacting to data yesterday which showed that the manufacturing sector in China had slipped into contraction in January, while a barrage of economic indicators from the States came in mixed. "Traders are asking themselves if Thursday's negativity was simply a bit of a shake-out or the start of a more extensive move lower," said Alastair McCaig, Market Analyst from IG. Markets were also digesting comments made by Bank of England (BoE) Governor Mark Carney who signalled at the World Economic Forum in Davos that his forward guidance plan - which links monetary policy to the unemployment rate - could be scrapped.Following the sharp drop in the jobless rate registered earlier this week which fell from 7.4% to 7.1% in the three months to November, Carney said that the UK economy was "in a different place" from where it was last summer. However, he stressed that the BoE still does not intend to tighten policy "immediately". Markets are now awaiting a speech from the central banker later today to outline his plans fully.Aberdeen, Lloyds, easyJet, Whitbread hit by downgradesFund manager Aberdeen fell sharply this morning after receiving a ratings downgrade by Morgan Stanley to 'underweight'. The bank said that a deteriorating fund performance compounds challenging emerging-market fundamentals, "increasing the risk of negative revisions and further multiple de-rating at Aberdeen".Investec has cut its rating for Lloyds Banking Group from 'buy' to 'hold', saying that expectations for 2013 are still "slightly frothy", causing the stock to slip this morning.Budget airline easyJet continued to fall after its first-quarter update yesterday in which it said that losses in the first half would be worse than last year. HSBC lowered its rating on the company today to 'underweight'.Cafe, restaurant and hotel owner Whitbread was also down after Citigroup cut the stock to 'neutral', citing limited upside after a strong rally over recent months.Royal Mail was unwanted after underwhelming with a 2% rise in like-for-like revenue for the nine months ended December 29th. Head of Trading Joe Rundle from ETX Capital called the update "in line but an unexciting read on the whole".Cairn Energy, the oil and gas group, fell after informing investors that it was contacted by the Income Tax Department of India to discuss income tax assessments for the year ending March 31st 2007. FTSE 100 - RisersRandgold Resources Ltd. (RRS) 4,281.00p +2.22%Fresnillo (FRES) 796.50p +2.12%Severn Trent (SVT) 1,698.00p +0.77%BP (BP.) 490.00p +0.38%RSA Insurance Group (RSA) 100.10p +0.35%Resolution Ltd. (RSL) 353.60p +0.34%ARM Holdings (ARM) 974.00p +0.10%SSE (SSE) 1,321.00p +0.08%Centrica (CNA) 320.90p +0.06%InterContinental Hotels Group (IHG) 2,030.00p +0.05%FTSE 100 - FallersAberdeen Asset Management (ADN) 398.50p -5.43%International Consolidated Airlines Group SA (CDI) (IAG) 410.90p -3.86%Aggreko (AGK) 1,622.00p -3.11%Mondi (MNDI) 949.50p -3.01%Experian (EXPN) 1,092.00p -2.85%SABMiller (SAB) 2,900.00p -2.62%Pearson (PSON) 1,160.00p -2.60%Persimmon (PSN) 1,276.00p -2.60%Prudential (PRU) 1,277.00p -2.52%Ashtead Group (AHT) 779.50p -2.44%FTSE 250 - RisersDevro (DVO) 312.20p +2.36%Ted Baker (TED) 2,124.00p +0.95%Berendsen (BRSN) 928.00p +0.81%Galliford Try (GFRD) 1,178.00p +0.60%Pennon Group (PNN) 687.00p +0.44%Britvic (BVIC) 695.50p +0.36%African Barrick Gold (ABG) 223.10p +0.31%Polymetal International (POLY) 587.50p +0.26%F&C Commercial Property Trust Ltd. (FCPT) 124.90p +0.24%Regus (RGU) 218.20p +0.23%FTSE 250 - FallersBank of Georgia Holdings (BGEO) 2,190.00p -7.05%Imagination Technologies Group (IMG) 182.80p -5.29%Tullett Prebon (TLPR) 342.80p -5.20%Ashmore Group (ASHM) 327.30p -4.85%Enterprise Inns (ETI) 154.80p -4.80%IP Group (IPO) 167.00p -4.57%Cairn Energy (CNE) 250.80p -4.31%Ophir Energy (OPHR) 281.50p -4.25%Partnership Assurance Group (PA.) 323.00p -4.15%Dairy Crest Group (DCG) 519.50p -4.15%BC
More News
3 Aug 2023 12:17

LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

Read more
31 Jul 2023 21:47

IN BRIEF: Lloyds corporate affairs chief sells GBP150,350 shares

Lloyds Banking Group PLC - Edinburgh, Scotland-based bank - Chief Corporate Affairs Officer Andrew Walton sells 333,333 shares at 45.105 pence each on Thursday last week. Total aggregate value is GBP150,350.

Read more
31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Read more
28 Jul 2023 14:03

UK's Telegraph and Spectator appoint Goldman Sachs to run sale

LONDON, July 28 (Reuters) - The boards of the Telegraph newspaper and The Spectator magazine, led by recently appointed chair Mike McTighe, have appointed investment bank Goldman Sachs and law firm Linklaters to advise on their sale, they said in a statement on Friday.

Read more
27 Jul 2023 15:44

UK dividends calendar - next 7 days

Friday 28 July 
3i Group PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCdividend payment date
abrdn Smaller Companies Income Trust PLCdividend payment date
Barings Emerging EMEA Opportunities PLCdividend payment date
Big Yellow Group PLCdividend payment date
British Land Co PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Gooch & Housego PLCdividend payment date
Helical PLCdividend payment date
Henderson High Income Trust PLCdividend payment date
Hipgnosis Songs Fund Ltddividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Martin Currie Global Portfolio Trust PLCdividend payment date
Paragon Banking Group PLCdividend payment date
Personal Assets Trust PLCspecial dividend payment date
Personal Assets Trust PLCdividend payment date
Polar Capital Holdings PLCdividend payment date
Premier Foods PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
Schroder Income Growth Fund PLCdividend payment date
Shires Income PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Vertu Motors PLCdividend payment date
Monday 31 July 
CT Private Equity Trust PLCdividend payment date
European Assets Trust PLCdividend payment date
Lowland Investment Co PLCdividend payment date
Tuesday 1 August 
discoverIE Group PLCdividend payment date
F&C Investment Trust PLCdividend payment date
Johnson Matthey PLCdividend payment date
Mercantile Investment Trust PLCdividend payment date
Next PLCdividend payment date
TR Property Investment Trust PLCdividend payment date
United Utilities Group PLCdividend payment date
Wednesday 2 August 
Tate & Lyle PLCdividend payment date
Thursday 3 August 
Aberforth Smaller Companies Trust PLCex-dividend payment date
Aptitude Software Group PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Axiom European Financial Debt Fund Ltdex-dividend payment date
Brunner Investment Trust PLCex-dividend payment date
BT Group PLCex-dividend payment date
Caledonia Investments PLCdividend payment date
CML Microsystems PLCex-dividend payment date
Dunedin Income Growth Investment Trust PLCex-dividend payment date
Foxtons Group PLCex-dividend payment date
Games Workshop Group PLCex-dividend payment date
GB Group PLCdividend payment date
Inchcape PLCex-dividend payment date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend payment date
JPMorgan Global Core Real Assets Ltdex-dividend payment date
Jupiter Fund Management PLCex-dividend payment date
Jupiter Fund Management PLCspecial ex-dividend payment date
Lloyds Banking Group PLCex-dividend payment date
M&G Credit Income Investment Trust PLCex-dividend payment date
Mobico Group PLCex-dividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
Nichols PLCex-dividend payment date
Oxford Instruments PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
Polar Capital Global Financials Trust PLCex-dividend payment date
Polar Capital Global Healthcare Trust PLCex-dividend payment date
Reckitt Benckiser Group PLCex-dividend payment date
Rentokil Initial PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
Starwood European Real Estate Finance Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Unilever PLCex-dividend payment date
Vesuvius PLCex-dividend payment date
WH Smith PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
27 Jul 2023 09:38

LONDON BROKER RATINGS: Shore Capital cuts AO World to 'sell'

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

Read more
27 Jul 2023 06:00

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

Read more
26 Jul 2023 16:54

LONDON MARKET CLOSE: Europe falls amid pre-Fed decision caution

(Alliance News) - Blue-chip stock prices in Europe closed lower on Wednesday, as risk aversion set in ahead of a Federal Reserve interest rate decision later.

Read more
26 Jul 2023 13:53

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

Read more
26 Jul 2023 12:21

Shares fall as Fed rate rise looms

Euro STOXX down 0.9%

*

Read more
26 Jul 2023 12:05

European banks flag bad loan risks as global economy falters

LONDON/MILAN/MADRID, July 26 (Reuters) - Europe's major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad loans as the global economy struggles with slow growth and high inflation.

Read more
26 Jul 2023 10:04

TOP NEWS: Lloyds raises guidance following "robust" half year earnings

(Alliance News) - Lloyds Banking Group PLC said it was "well positioned to deliver" on its ambitions and raised its full-year guidance off the back of higher income and profit in the last six months.

Read more
26 Jul 2023 09:25

NatWest's Alison Rose, trail-blazing finance boss, bows out after Farage breach

LONDON, July 26 (Reuters) - NatWest's departing CEO Alison Rose until recently told colleagues she had weathered more than her fair share of crises, steering the state-backed lender through the COVID-19 pandemic and market fallout from war in Europe and chaos in Westminster. But ultimately it was committing the cardinal sin of breaching the confidence of a client, former Brexit Party leader Nigel Farage, that cost her her job.

Read more
26 Jul 2023 07:52

LONDON BRIEFING: Lloyds raises guidance; Rio Tinto profit down

(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve.

Read more
26 Jul 2023 07:03

Lloyds Bank interim profits surge 23%

(Sharecast News) - Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.

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.