Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video 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: FTSE 100 above 6,800 as Fed continues to taper

Thu, 01st May 2014 08:39

- Markets at highest since March 4th- Fed sticks with taper- Plenty of economic data due out- BSkyB, Lloyds, BG Group and Schroders gaintechMARK 2,785.17 +0.17%FTSE 100 6,805.94 +0.38%FTSE 250 15,928.81 +0.71%The FTSE 100 surpassed the 6,800 mark in early trading on Thursday, a level not seen in nearly two months, tracking gains made on Wall Street the previous session as investors reacted to the Federal Reserve's decision to continue tapering stimulus.As was widely expected, the Federal Open Market Committee chose to reduce its quantitative easing programme by a further $10bn a month, taking monthly asset purchases to $45bn. Despite data earlier in the day showing that the US economy almost stagnated in the first quarter - gross domestic product (GDP) expanded by just 0.1% - US markets finished moderately higher, pushing the Dow Jones Industrial Average to a record high.The FTSE 100 was trading 0.4% higher at 6,806 this morning; it has not closed above this level since March 4th. Gains were helped by well-received quarterly statements from the likes of BSkyB, Lloyds, BG Group and Schroders."The FTSE 100 has made it to the 6,800 round number mark helped by a Fed statement and continued taper which maintained confidence in the US recovery following a weak GDP report," said Mike van Dulken, Head of Research at Accendo Markets.Investors were taking a bullish stance ahead of a flurry of economic data due out in today's session, including manufacturing, mortgage approvals and consumer lending figures from the UK, and jobless claims, personal spending and manufacturing indicators from the US.Overnight, it was revealed that activity in the Chinese manufacturing sector picked up a little in April but came in slightly lower than analysts' expectations. The government's manufacturing purchasing managers' index increased to 50.4 last month from 50.3 in March, but under the 50.5 consensus forecast.BSkyB, Lloyds, BG Group and Schroders gainEarnings fell 2.4% at BSkyB in the third quarter despite a rise in revenues, but continued investment in connected television services was repaid with better-than-expected new subscriptions, pushing shares higher this morning.Domestic lender Lloyds rose after saying that underlying profits rose 22% in the first quarter as it continues to expect to apply to regulators in the second half to restart dividend payments.Profits at oil and gas company BG Group declined in the first quarter despite higher revenues, as lower production volumes and higher costs ate into the bottom line. However, the stock was performing well this morning as it bounced back after weakness earlier in the week.Fund manager Schroders was also higher as it reported record assets under management in the first quarter, helped by £3.8bn of net new business wins during the period.Heading the other way was engine maker Rolls-Royce after saying that full-year revenues and profits are likely to be hit by foreign exchange headwinds with underlying results flat.Scottish engineering group Weir failed to excite as it said trading in the last four months has been in line with expectations. This was helped by a strong performance in the oil and gas and power and industrial divisions.FTSE 100 - RisersBritish Sky Broadcasting Group (BSY) 913.50p +3.81%Lloyds Banking Group (LLOY) 78.04p +3.56%Schroders (SDR) 2,627.00p +2.78%Royal Bank of Scotland Group (RBS) 305.20p +2.14%BG Group (BG.) 1,220.50p +1.88%Barclays (BARC) 256.50p +1.71%Hargreaves Lansdown (HL.) 1,188.00p +1.54%Aggreko (AGK) 1,601.00p +1.52%William Hill (WMH) 360.00p +1.49%TUI Travel (TT.) 433.70p +1.38%FTSE 100 - FallersSainsbury (J) (SBRY) 324.40p -3.37%Vodafone Group (VOD) 218.60p -2.39%Rolls-Royce Holdings (RR.) 1,025.00p -2.38%Randgold Resources Ltd. (RRS) 4,686.00p -1.97%Tesco (TSCO) 287.95p -1.71%Antofagasta (ANTO) 777.50p -1.21%Anglo American (AAL) 1,564.00p -1.14%Barratt Developments (BDEV) 365.60p -1.06%Smith & Nephew (SN.) 911.50p -0.87%Imperial Tobacco Group (IMT) 2,541.00p -0.63%FTSE 250 - RisersGenus (GNS) 1,058.00p +4.34%Hansteen Holdings (HSTN) 107.00p +3.98%IP Group (IPO) 178.00p +3.49%AL Noor Hospitals Group (ANH) 1,032.00p +3.41%Howden Joinery Group (HWDN) 335.70p +3.23%Perform Group (PER) 222.40p +3.20%Brown (N.) Group (BWNG) 529.00p +3.12%Foxtons Group (FOXT) 327.90p +3.08%Diploma (DPLM) 678.50p +3.04%Carphone Warehouse Group (CPW) 316.80p +2.92%FTSE 250 - FallersCSR (CSR) 560.00p -2.52%Serco Group (SRP) 333.00p -2.09%Polymetal International (POLY) 556.50p -1.68%Kazakhmys (KAZ) 234.50p -1.51%Ladbrokes (LAD) 151.20p -1.37%Vedanta Resources (VED) 935.00p -1.16%Direct Line Insurance Group (DLG) 247.90p -0.96%Lancashire Holdings Limited (LRE) 693.50p -0.93%Regus (RGU) 207.10p -0.91%Synthomer (SYNT) 262.00p -0.76%BC
More News
28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

Read more
28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

Read more
28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

Read more
28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

Read more
26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

Read more
19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

Read more
17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

Read more
17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

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

Read more
15 Nov 2023 16:59

LONDON MARKET CLOSE: Investors see end of sky-high rates in sight

(Alliance News) - Stock prices in London closed higher on Wednesday, with a pair of cooler inflation readings from either side of the Atlantic lifting spirits and driving largely broad-based gains in equities.

Read more
14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

Read more
3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

Read more
27 Oct 2023 21:11

EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News:

Read more
27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

Read more
27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

Read more
27 Oct 2023 11:04

UAE lender to support Barclays family with £1bn bid for Telegraph - report

(Sharecast News) - First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.

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.