Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 56.20
Bid: 56.26
Ask: 56.30
Change: 0.68 (1.22%)
Spread: 0.04 (0.071%)
Open: 56.00
High: 56.30
Low: 55.68
Prev. Close: 56.20
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: UK stocks rise, but Lloyds and StanChart fall

Tue, 28th Oct 2014 08:54

Despite some heavy falls from banking heavyweights Lloyds and Standard Chartered, UK stocks advanced on Tuesday morning as the FTSE 100 rebounded from a one-week low.London's benchmark index was up 0.6% at 6,404 in early deals, helped by decent gains from oil major BP.The Footsie closed at 6,363.46 on Monday, its lowest finish since 20 October, after weak business confidence figures from Germany and the results of bank stress-tests in Europe dampened sentiment.Meanwhile, Wall Street indices closed broadly flat after weak US services and pending-home sales data, as well as a subdued reading of manufacturing activity in Dallas. The S&P 500 finished 0.1% lower after rising 4.1% last week, its best weekly performance this year.Markets were set for a calmer morning on Tuesday in the absence of any major economic economic data from this side of the Pond, as investors readied themselves for Wednesday's Federal Open Market Committee decision, at which US policymakers are expected to bring their quantitative easing (QE) programme to an end."The lack of or progress by the indices suggests investors taking a pause after last week's rally amid all the volatility of late, digesting the flurry of data and changes in views/outlook, ahead of what may/may not be the Fed's last taper of its QE programme, taking us a step closer to policy normalisation," said Mike van Dulken, head of research at Accendo Markets.Lloyds, StanChart disappointUnderlying profits were higher than expected at Lloyds Banking Group, rising 44% year-on-year in the third quarter, but shares fell in early deals as analysts raised concerns about further PPI impairment charges and the outlook for the UK housing market.Shares in banking counterpart Standard Chartered dropped after the company reported a 16% decline in operating profit in the third quarter and said that full-year earnings would be lower than last year.Not all banking stocks were weak in morning trade with RBS, Barclays and HSBC making small gains. Financial peers Aberdeen Asset Management, Prudential and Aviva were also putting in a decent performance.BP reported that profits fell by almost a fifth in the third quarter, but the stock edged higher after the oil major still beat the market's expectations and said it was "well on track" to hit its targets this year.Lower prices and higher costs led to a 26% drop in adjusted profits at BG Group in the third quarter despite revenues at the natural gas firm growing 4% over last year. The stock was flat early on.Shares of Synthomer sank after the chemicals company delivered a profit warning to investors, saying that the demand momentum in Europe seen earlier in the year had tailed off. The FTSE 250 company, which develops polymers for consumer products, now expected full-year pre-tax profit to be "slightly below current consensus".Market MoverstechMARK 2,706.66 +0.69%FTSE 100 6,404.34 +0.64%FTSE 250 15,150.72 +0.73%FTSE 100 - RisersMondi (MNDI) 1,011.00p +2.43%Royal Mail (RMG) 452.60p +1.98%Ashtead Group (AHT) 1,011.00p +1.86%Morrison (Wm) Supermarkets (MRW) 154.50p +1.85%Dixons Carphone (DC.) 386.00p +1.82%GKN (GKN) 309.80p +1.77%St James's Place (STJ) 686.00p +1.71%Sainsbury (J) (SBRY) 244.50p +1.71%ITV (ITV) 202.40p +1.71%CRH (CRH) 1,386.00p +1.69%FTSE 100 - FallersStandard Chartered (STAN) 1,015.00p -7.31%Lloyds Banking Group (LLOY) 74.06p -1.70%BG Group (BG.) 1,040.00p -0.29%FTSE 250 - RisersOcado Group (OCDO) 236.20p +3.42%NMC Health (NMC) 497.80p +3.30%Afren (AFR) 94.55p +2.77%UBM (UBM) 549.50p +2.52%Britvic (BVIC) 664.50p +2.31%Bodycote (BOY) 601.00p +2.12%Dunelm Group (DNLM) 828.00p +2.10%Rotork (ROR) 2,496.00p +2.09%AL Noor Hospitals Group (ANH) 1,014.00p +2.06%Bank of Georgia Holdings (BGEO) 2,551.00p +2.04%FTSE 250 - FallersSynthomer (SYNT) 197.00p -7.42%Dignity (DTY) 1,546.00p -1.53%F&C Commercial Property Trust Ltd. (FCPT) 124.70p -0.95%Petra Diamonds Ltd.(DI) (PDL) 168.50p -0.94%Rank Group (RNK) 161.40p -0.92%Morgan Advanced Materials (MGAM) 284.20p -0.70%Evraz (EVR) 127.30p -0.70%Senior (SNR) 255.70p -0.62%Alent (ALNT) 327.00p -0.61%Micro Focus International (MCRO) 987.00p -0.55%
More News
8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

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

Read more
7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

Read more
4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

Read more
30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

Read more
30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

Read more
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

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.