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: 55.88
Bid: 55.86
Ask: 55.90
Change: 0.32 (0.58%)
Spread: 0.04 (0.072%)
Open: 55.72
High: 56.14
Low: 55.40
Prev. Close: 55.56
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 open: Banks lead the rise but Invensys plummets

Fri, 13th Jan 2012 08:30

Banks were leading the way on Friday with Royal Bank of Scotland (RBS) topping the charts, lifting the Footsie above the 5,700 level. Hopes that the sovereign debt crisis in Europe is easing lifted the mood on the markets, with investors looking ahead to a key Italian debt auction later today. Just five stocks on London's blue chip index were in the red early on. However, Invensys plummeted on the FTSE 250 after a profit warning.The Italian and Spanish debt auctions provided a bit of a spark on Thursday after both nations saw solid demand and a fall in yields. However, with Fitch's head of sovereign ratings David Riley saying yesterday that there is a "material risk" of a downgrade to Italy's credit rating by the end of January, eyes are now on the country's debt sale today, in which the nation is planning to sell bonds due in 2014 and 2018.Yesterday was a busy day on the economic front with both the Bank of England and the European Central Bank (ECB) keeping hold of interest rates. ECB President Mario Draghi announced that the decision to maintain rates was unanimous, suggesting that there were some signs of stabilisation in the single-currency area.BANKS RISE, INVENSYS PLUMMETS AFTER PROFIT WARNINGRBS rose strongly, extending gains from yesterday after it revealed a massive shake-up to its investment banking and wholesale businesses, including a mass employment reduction of 3,500. Sector peers Barclays and Lloyds were also in demand.The big news on the corporate front today was on the FTSE 250 with engineering and software group Invensys issuing a profit warning. The company said that a number of operational issues relating to certain projects within Invensys Operations Management and Invensys Rail will put a dent in operating profits. Shares dropped 19%.Leading the mid-cap index was instrumentation and controls company Spectris which notched up record sales and operating profit in 2011, helped by useful contributions from recent acquisitions. Balfour Beatty and WS Atkins rose after securing contracts with Network Rail.A drilling update from Caspian Sea-focused oil and gas giant Dragon Oil has revealed the "great potential" of the Dzheitune field on the Cheleken Contract Area, offshore Turkmenistan, the firm said. Fashion brand Ted Baker said it had a very good Christmas trading period despite, as usual, not embarking on any significant promotional activity. Shares rose 5%.Non-woven industrial materials group Fiberweb dropped after its 2011 profit and loss account swung into the red and revenues slumped. Education software firm Tribal Group has unveiled a strong performance in the final quarter of the year, saying adjusted pre-tax profit for 2011 will be 'significantly' ahead of the board's previous expectations.Hot Tuna, the troubled surf wear retailer, tumbled after announcing that it is selling itself to Brand Holdings for £950,000.BCFTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 24.26p +5.48%Barclays (BARC) 199.15p +2.95%Lloyds Banking Group (LLOY) 30.00p +2.92%Kazakhmys (KAZ) 1,079.00p +2.66%Vedanta Resources (VED) 1,091.00p +2.54%Man Group (EMG) 109.10p +2.25%BT Group (BT.A) 203.80p +2.05%ITV (ITV) 74.20p +1.57%GKN (GKN) 201.70p +1.51%Resolution Ltd. (RSL) 263.60p +1.50%FTSE 100 - FallersBunzl (BNZL) 889.00p -0.73%Experian (EXPN) 858.50p -0.46%GlaxoSmithKline (GSK) 1,447.50p -0.28%Tate & Lyle (TATE) 698.50p -0.07%WPP (WPP) 732.50p 0.00%FTSE 250 - RisersSpectris (SXS) 1,491.00p +5.74%Hays (HAS) 63.80p +3.66%Balfour Beatty (BBY) 288.00p +3.56%Filtrona PLC (FLTR) 410.00p +2.50%Dixons Retail (DXNS) 10.00p +2.41%F&C Asset Management (FCAM) 63.00p +2.27%Senior (SNR) 185.00p +2.21%AZ Electronic Materials SA (DI) (AZEM) 269.70p +2.16%Wood Group (John) (WG.) 691.50p +2.14%Talvivaara Mining Company (TALV) 299.90p +2.11%FTSE 250 - FallersInvensys (ISYS) 184.70p -18.67%Carpetright (CPR) 518.00p -4.16%Imagination Technologies Group (IMG) 542.50p -3.21%Premier Farnell (PFL) 184.70p -3.04%Ocado Group (OCDO) 72.00p -2.70%Cape (CIU) 378.00p -2.65%Kenmare Resources (KMR) 47.70p -2.65%Morgan Crucible Co (MGCR) 285.00p -2.53%Moneysupermarket.com Group (MONY) 112.00p -2.18%Caledonia Investments (CLDN) 1,391.00p -1.90%
More News
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
25 Jul 2023 12:26

Wednesday preview: Federal Reserve, Lloyds in the spotlight

(Sharecast News) - All eyes on Wednesday would be on the U.S. Federal Reserve and whether or not it signaled that interest rates hikes would stop after this policy meeting.

Read more
25 Jul 2023 09:21

Mitie boosts revenue in "traditionally" lower first quarter

(Alliance News) - Mitie Group PLC on Tuesday reported robust revenue growth in its first quarter with GBP1.1 billion in new or extended contracts, providing optimism for the year ahead.

Read more
24 Jul 2023 13:02

UK government to haul in banks over account closures

LONDON, July 24 (Reuters) - Britain's finance ministry will request a meeting with major lenders to discuss concerns that banks have closed some customer accounts over their political views, after a public spat between former Brexit party leader Nigel Farage and NatWest.

Read more
24 Jul 2023 11:23

IN BRIEF: H&T increases bank facility with Lloyds to GBP50 million

H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches - Notes increase in the financing facilities provided by its "longstanding" lender Lloyds Banking Group PLC. Expands total facility to GBP50 million from GBP35 million previously. This includes a GBP45 million revolving credit facility that expires in December 2025 and has the option to extend for up to two more years. It also has a GBP5 million overdraft facility that renews annually. The interest rate on the RCF is increased to 2.4 to 3.3 percentage points above the sterling overnight interbank average rate from 1.7 points. The overdraft keeps the existing terms of 1.7 points above the Bank of England base rate. There is no change to existing banking covenants.

Read more
24 Jul 2023 06:53

UK city minister to warn banks over "de-banking" customers

(Alliance News) - City minister Andrew Griffith has summoned bank chiefs for a meeting to discuss how customers can be protected from "being de-banked" after Coutts cut ties with Nigel Farage.

Read more
19 Jul 2023 15:52

Britain's banks slow in passing higher rates to savers -watchdog

LONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.

Read more
19 Jul 2023 15:17

Britain's banks too slow in passing higher interest rates to savers, says watchdog

LONDON, July 19 (Reuters) - Britain's banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday.

Read more
19 Jul 2023 14:35

UK earnings, trading statements calendar - next 7 days

Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Foods PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
Friday 21 July 
Close Brothers PLCTrading Statement
Glencore PLCTrading Statement
Petershill Partners PLCTrading Statement
Thruvision Group PLCFull Year Results
Monday 24 July 
discoverIE Group PLCTrading Statement
Cranswick PLCTrading Statement
Glantus Holdings PLCTrading Statement
MoneySupermarket.com PLCHalf Year Results
Ryanair Holdings PLCQ1 Results
Science Group PLCHalf Year Results
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 25 July 
City of London Investment Group PLCTrading Statement
Compass Group PLCTrading Statement
Croda International PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Greencore Group PLCTrading Statement
Hummingbird Resources PLCTrading Statement
MITIE Group PLCTrading Statement
Paragon Banking Group PLCTrading Statement
Reach PLCHalf Year Results
Smart Metering Systems PLCTrading Statement
Tristel PLCTrading Statement
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Unite Group PLCHalf Year Results
Wednesday 26 July 
Aptitude Software Group PLCHalf Year Results
Breedon Group PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
FRP Advisory Group PLCFull Year Results
Gresham Technologies PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Rathbones Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Science Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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.