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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: 55.52
Bid: 55.34
Ask: 55.38
Change: -0.02 (-0.04%)
Spread: 0.04 (0.072%)
Open: 55.66
High: 55.78
Low: 55.16
Prev. Close: 55.54
LLOY Live PriceLast checked at -

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Sector movers: Barclays provides a lift to the banking sector

Fri, 27th Jul 2012 16:01

Banks were among the best performing stocks on Friday afternoon, helped by the well-received interim results from Barclays and some reassuring remarks by European officials about the debt crisis.Underlying pre-tax profits came in at £4.2bn, 11% ahead of consensus estimates, with investment banking division Barclays Capital leading the charge. Meanwhile, revenues of £15.5bn were 2% ahead of forecasts. Investors shrugged off the news of a new regulatory investigation - this time over fees it paid to advisors when it raised fresh capital in the middle of the credit crunch - with shares racing over 9% ahead.Meanwhile, lifting sentiment in the sector were German Chancellor Angela Merkel and French President Francois Hollande: they issued a statement today saying that their countries are "bound by the deepest duty" to keep the Eurozone intact and that they will do "everything" necessary to protect the single currency. This follows comments made by European Central Bank President Mario Draghi yesterday, who said that the ECB would do "whatever it takes to preserve the euro...and believe me, it will be big enough". With policy-makers and political leaders pledging to do what they can to battle the debt crisis, risk appetite on equity markets increased this afternoon, sending shares of banking peers RBS, Lloyds and HSBC higher.Top performing sectors so far todayIndustrial Metals & Mining 2,450.32 +3.27%Construction & Materials 3,391.36 +2.21%Industrial Engineering 6,956.93 +2.15%Banks 3,524.34 +2.02%Electronic & Electrical Equipment 3,145.37 +2.01%Bottom performing sectors so far todayHealth Care Equipment & Services 3,697.90 -0.34%Electricity 8,121.11 -0.24%Food Producers & Processors 5,892.48 -0.11%BC
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UK finance minister Hunt says banks are slow to pass on rate hikes to savers

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26 Jun 2023 10:10

JPMorgan downgrades Lloyds to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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Broker tips: Lloyds, Cranswick, On The Beach

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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UK banks agree limited mortgage relief measures for stressed borrowers

LONDON, June 23 (Reuters) - British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to protect credit scores of borrowers who change loan terms, as the government sought to ease the strain of rising interest rates.

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UK Chancellor Hunt agrees measures with banks to cool mortgage crisis

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UK's Hunt: Agreed measures with banks to ease mortgage payments strain

LONDON, June 23 (Reuters) - British finance minister Jeremy Hunt said he had agreed new measures with bank lenders on Friday to help ease the pressure on mortgage holders of raising interest rates.

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