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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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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: 55.52
LLOY Live PriceLast checked at -

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London pre-open: Calm session expected ahead of Wednesday's FOMC decision

Tue, 28th Oct 2014 07:42

London's blue chips are set for a reversal of Monday's losses, with a degree of calmness expected in markets ahead of Wednesday's Federal Open Market Committee (FOMC) meeting.City sources predict the FTSE 100 will open around 32 points higher than Monday's close of 6,363.46."It's been a very calm start to the week in the financial markets, especially by recent standards, driven largely by the lack of economic data and corporate earnings, and the Fed's latest policy decision on Wednesday," observed Alpari UK market analyst Craig Erlam, who anticipates another calm session on Tuesday given the lack of catalysts on the economic calendar.However, it will be worth watching out for the US September figure for core durable orders, as well as for a reading on consumer confidence. Both are predicted to show an improvement.All eyes on the FOMCAlthough Wednesday's Fed decision will be closely watched, the details of the deliberations are likely to be limited as it will not be followed by a press conference."There will be a statement released alongside the announcement, but I think the FOMC would rather save any big announcements for those meetings when they can explain themselves, the next one of which is in December," continued Erlam."With this in mind, I expect them to do as the markets are expecting and bring an end to the quantitative easing programme with the final $15bn taper and leave the statement largely unchanged, maintaining its commitment to keep rates low for a considerable amount of time."Back on this side of the Pond, Tuesday's company news revealed that BP's third-quarter profits fell by almost a fifth, but still beat the market's expectations as it said it was "well on track" to hit its targets this year. Underlying replacement cost profit for the three months to 30 September totalled $3.04bn, down 18% on the $3.69bn earned in the same period last year. Analysts had pencilled in a figure closer to $2.93bn.Underlying profits were higher than expected at Lloyds Banking Group in the third quarter as it confirmed plans to cut 9,000 jobs and close 200 branches over the next three years. The bank confirmed it was in ongoing discussions with the Bank of England's Prudential Regulation Authority (PRA) regarding the resumption of dividend payments, but the payout is thought to be largely dependent on the PRA's forthcoming stress tests, the results of which are due on 16 December.Asia-focused lender Standard Chartered saw operating income rise by 1% in the third quarter. However, a 4.1% increase in expenses pushed operating profits lower to $1.99bn. Further weighing on the lender's results, impairment losses on loans and other credit provisions rose by 86% to $536m.
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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.

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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.

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11 Jan 2024 17:03

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

U.S. inflation data sparks selloff

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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.

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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".

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4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

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2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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18 Dec 2023 10:51

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

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17 Dec 2023 23:01

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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