The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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 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
5 Feb 2024 10:25

PRESS: Iran used Lloyds and Santander to evade sanctions, FT reports

(Alliance News) - Shares in Lloyds Banking Group PLC and Banco Santander SA fell on Monday, after a report that Iran used the two banks to covertly move money around the world as part of a sanctions-evasion scheme.

Read more
30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

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

Read more
29 Jan 2024 11:31

Lloyds to scrap mobile bank branches as moves towards online banking

(Alliance News) - Lloyds Banking Group PLC is shutting down its mobile banking service this year, after revealing plans to shed 1,600 jobs across its branch network as it moves ahead in the shift towards online banking.

Read more
25 Jan 2024 14:41

Lloyds Banking Group to cut 1,600 jobs across branch network

(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more
23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

Read more
23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

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

Read more
22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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.