The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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: 51.20
Bid: 51.30
Ask: 51.34
Change: -0.58 (-1.12%)
Spread: 0.04 (0.078%)
Open: 51.42
High: 52.18
Low: 50.92
Prev. Close: 51.78
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: Chinese data, JP Morgan weighs on stocks

Fri, 11th May 2012 08:28

- Chinese industrial output, inflation data disappoints- Spain to ask for EFSF support, according to reports- JP Morgan surprise trading loss causes concernsThe FTSE 100 fell sharply in early trading on Friday as weak Chinese data, Spanish concerns and a surprise trading loss from JP Morgan Chase and Co weighed on sentiment.Industrial production figures in China disappointed early on as investment growth eased to a near 10-year low in April. Output increased by 9.3% year-on-year last month, down from the 11.9% rise in March and well below the 12.2% gain expected. This was the lowest growth rate since May 2009. Fixed asset investment growth slowed from 20.9% to 20.2% in April, its slowest level since late 2002.Chinese consumer price inflation slowed from 3.6% to 3.4% in April, under the government's 4% target again, fuelling speculation for further monetary easing.Meanwhile, there were rumours that Spain could ask for support from the Eurozone bailout fund, the European Financial Stability Facility (EFSF). The nation's banks have €184bn in "problematic" property and construction assets, says the Bank of Spain. According to MarketWatch.com, the country could ask the EFSF for €300bn.UK banking stocks were under pressure early on after US investment bank JP Morgan Chase & Co shocked the market after the bell on Thursday by revealing its second-quarter performance will be dented by a huge trading loss on synthetic credit securities at its Chief Investment Office. The firm said that so far the losses amounted to $2bn but could "easily increase during the quarter".FTSE 100: IAG, banks and miners out of favourSoaring fuel costs contributed to a larger than expected first-quarter loss at International Consolidated Airlines Group (IAG), the airline formed by the merger of British Airways and Iberia. The airline reported an operating loss of €249m in the first quarter (compared with a €102m loss last year), an outcome worse than the €230m loss the market had been expecting. Banks were heavy fallers in the opening hour on the back of the JP Morgan surprise trading loss. Barclays, Royal Bank of Scotland, Lloyds and HSBC were among the worst performers.Meanwhile, mining stocks were pushed lower after the gloomy Chinese data weighed on the demand outlook from the world's second-largest economy. Rio Tinto, ENRC, BHP Billiton and Vedanta all fell into the red.Oil and gas services group Petrofac fell despite saying that its year-to-date performance has been in line with expectations and it still remains on track to grow net profits by at least 15% in 2012. FTSE 250: Catlin avoids catastrophe claimsSpeciality insurance company Catlin Group jumped after seeing an increase in the amount of premiums written in the three months to the end of March, while avoiding any catastrophe claims. Overall premiums are up 12% against the prior year, totalling $1.642bn.Mining stocks dropped, tracking their top-tier counterparts lower with Hochschild Mining, Lonmin, Ferrexpo, Petropavlovsk, Bumi, Avocet Mining and New World Resources suffering steep losses.FTSE 100 - RisersMarks & Spencer Group (MKS) 358.20p +2.96%Severn Trent (SVT) 1,674.00p +1.95%Man Group (EMG) 87.35p +1.63%Next (NXT) 2,979.00p +0.88%United Utilities Group (UU.) 635.50p +0.87%Shire Plc (SHP) 2,007.00p +0.85%Kingfisher (KGF) 288.20p +0.84%Sainsbury (J) (SBRY) 311.70p +0.74%Tate & Lyle (TATE) 698.50p +0.72%National Grid (NG.) 674.00p +0.60%FTSE 100 - FallersBarclays (BARC) 201.40p -3.54%Eurasian Natural Resources Corp. (ENRC) 520.50p -3.07%Vedanta Resources (VED) 1,086.00p -2.86%Evraz (EVR) 337.30p -2.80%Rio Tinto (RIO) 3,065.50p -2.67%Glencore International (GLEN) 385.90p -2.67%Kazakhmys (KAZ) 755.50p -2.64%Xstrata (XTA) 1,060.50p -2.53%BHP Billiton (BLT) 1,824.50p -2.51%Royal Bank of Scotland Group (RBS) 22.48p -2.47%FTSE 250 - RisersNorthgate (NTG) 203.50p +5.28%Stobart Group Ltd. (STOB) 123.80p +4.47%Catlin Group Ltd. (CGL) 430.60p +2.87%Ruspetro (RPO) 170.00p +2.29%Debenhams (DEB) 78.70p +2.27%Essar Energy (ESSR) 132.50p +2.24%Berkeley Group Holdings (The) (BKG) 1,247.00p +2.13%Telecity Group (TCY) 780.00p +1.83%Bovis Homes Group (BVS) 464.00p +1.71%Domino Printing Sciences (DNO) 580.50p +1.49%FTSE 250 - FallersImagination Technologies Group (IMG) 605.50p -4.19%Lonmin (LMI) 911.50p -3.85%Hochschild Mining (HOC) 418.00p -3.73%Logica (LOG) 71.15p -3.66%Ferrexpo (FXPO) 252.70p -3.37%Petropavlovsk (POG) 422.50p -3.14%Aquarius Platinum Ltd. (AQP) 106.20p -2.75%Heritage Oil (HOIL) 132.20p -2.58%Supergroup (SGP) 326.10p -2.07%Ophir Energy (OPHR) 522.00p -1.97%BC
More News
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 11:55

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.

Read more
24 Apr 2024 09:11

TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.

Read more
24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Read more
24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

Read more
23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
19 Apr 2024 07:47

LONDON BRIEFING: Man Group assets up; 888 revenue above outlook

(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.

Read more
18 Apr 2024 14:55

Nord Stream insurers deny policies covered war risks in UK lawsuit

MOSCOW/LONDON, April 18 (Reuters) - Nord Stream's insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defence to a lawsuit filed at London's High Court.

Read more
18 Apr 2024 07:52

Nord Stream insurers say policies did not cover war risks, Kommersant reports

MOSCOW, April 18 (Reuters) - Insurance policies for the Nord Stream gas pipelines damaged by blasts in 2022 did not provide for coverage in the case of war, Kommersant daily reported on Thursday, citing documents filed at London's High Court.

Read more
17 Apr 2024 14:00

UK earnings, trading statements calendar - next 7 days

Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London 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.

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.