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: 55.68
Bid: 55.86
Ask: 55.88
Change: 0.12 (0.22%)
Spread: 0.02 (0.036%)
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
18 Jul 2023 08:59

SSP completes bank refinancing with new GBP300 million four-year loan

(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.

Read more
12 Jul 2023 17:14

European shares jump as cooling US inflation boosts rate pause bets

STOXX 600 up for fourth straight session

*

Read more
12 Jul 2023 12:08

LONDON MARKET MIDDAY: FTSE 100 boosted by banks ahead of US inflation

(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".

Read more
12 Jul 2023 11:04

Bank of England stress test finds top 8 UK banks have enough capital

LONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.

Read more
12 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

Read more
12 Jul 2023 08:39

TOP NEWS: Major UK banks "resilient" in BofE's annual stress test

(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.

Read more
12 Jul 2023 08:26

UK bank shares rise after BoE stress test

MILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.

Read more
12 Jul 2023 07:21

UK bank pass annual stress tests, says BoE

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

Read more
12 Jul 2023 07:15

Stress test shows top 8 UK banks have enough capital, says Bank of England

LONDON, July 12 (Reuters) - The Bank of England said on Wednesday its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

Read more
7 Jul 2023 11:13

British lender OSB shares slide on mortgage hit warning

LONDON, July 7 (Reuters) - British financial services group OSB's shares fell by more than 20% on Friday after it said it would take a net income hit of up to 180 million pounds ($229 million) as mortgage customers switched from higher rate products.

Read more
6 Jul 2023 19:14

Banks recognise savers need help accessing best rates - UK regulator

(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Read more
6 Jul 2023 18:45

UK banks must accelerate rate rises for savers, says watchdog

LONDON, July 6 (Reuters) - British regulator the Financial Conduct Authority (FCA) said on Thursday that banks need to accelerate rate rises for savers, but said it was not up to the watchdog to dictate pricing.

Read more
6 Jul 2023 16:41

Banks must provide value to savers, says UK watchdog

LONDON, July 6 (Reuters) - Britain's Financial Conduct Authority said on Thursday that banks need to ensure they are providing value to savers, but said it was not up to the regulator to dictate pricing.

Read more
6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears.

Read more
6 Jul 2023 06:19

UK FCA to discuss savings rates concerns with bank chiefs

(Alliance News) - Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

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.