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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: 51.76
Bid: 51.71
Ask: 51.73
Change: 0.09 (0.17%)
Spread: 0.02 (0.039%)
Open: 52.23
High: 52.43
Low: 51.57
Prev. Close: 51.67
LLOY Live PriceLast checked at -

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Sector movers: HSBC drags banks lower after H1 disappointment

Mon, 05th Aug 2013 15:09

Heavy falls by HSBC, the largest listed company by market capitalisation in London, ensured that the banking sector was the worst performer on Monday, despite some impressive gains from smaller peer Lloyds.HSBC, which has a market cap of around £135bn by today's prices, disappointed analysts this morning with its second-quarter figures after reporting a worse-than-expected 10% rise in profits. The stock was down 4.57% at 720.21p in afternoon trade.Half-year pre-tax profit came in at $14.1bn, short of the $14.6bn expected by the average of 14 analysts polled by the company. Europe's biggest bank also posted revenue of $34.4bn, down 7.0% from the prior year, reflecting subdued economic growth in western countries and a slowdown in China.Sector peer RBS followed suit (down 1.46% at 317.8p) as investors were still reacting to Friday's disappointing results. A downgrade by Societe Generale from 'hold' to 'sell' was also weighing on the share price today. "RBS has a difficult job ahead to move Core sustainably back to double-digit returns on tangible equity (RoTE)," Societe said."UK retail's 25% returns could move higher still, but it represents only a tenth of Core's capital. Markets (6.0% RoTE, 25% of Core capital) should show upside as the restructuring takes hold, but this is unlikely to bear fruit imminently."Barclays and Standard Chartered were also in in the red today.Lloyds was bucking the trend (up 2.85% at 75.83p), extending gains after impressing markets with its first-half results last week. Today's performance have been sparked by comments from frontman António Horta-Osório who said that the bank would start paying out up to 70% of earnings in dividends within three years - Lloyds has not paid a dividend since the government bailout in 2008.Top performing sectors so far todayIndustrial Metals & Mining 1,251.71 +2.15%Household Goods & Home Construction 10,816.30 +0.82%Beverages 15,255.00 +0.66%Financial Services 7,238.30 +0.38%Software & Computer Services 1,156.84 +0.36%Bottom performing sectors so far todayBanks 5,020.78 -3.16%Health Care Equipment & Services 4,422.84 -1.14%Pharmaceuticals & Biotechnology 11,489.87 -1.02%Mobile Telecommunications 4,608.09 -1.01%Food & Drug Retailers 4,680.96 -0.80%BC
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28 Mar 2024 09:29

Baltimore bridge collapse likely to result in multibillion-dollar insurance claims -Lloyd's of London

LONDON, March 28 (Reuters) - The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd's of London said on Thursday.

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27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

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21 Mar 2024 10:28

TOP NEWS: Virgin Money and Nationwide agree terms of acquisition

(Alliance News) - Nationwide Building Society on Thursday said that it had finalised terms for its acquisition of Virgin Money UK PLC, and set out the details of the deal set to create "the second largest provider of mortgages and savings in the UK".

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20 Mar 2024 08:44

Paypoint and Lloyds Banking Group extend cards partnership agreement

(Alliance News) - Lloyds Banking Group PLC will become the main card acquiring partner for PayPoint PLC under a deal announced on Wednesday.

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5 Mar 2024 09:55

IN BRIEF: Darktrace hires former Trainline HR head as new CPO

Darktrace PLC - Cambridge, England-headquartered cybersecurity company - Hires David Smith as new chief people officer, effective from April 15. Smith joins Darktrace from CPO role, assumed in September 2021, at software-as-a-service platform 10x Banking Technology Ltd. Company says he "has over 15 years' experience...in a range of people roles". These include serving as HR & talent director at Trainline PLC from October 2018 to November 2020. His other previous employers include Lloyds Banking Group PLC and Cleo AI Ltd.

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1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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26 Feb 2024 16:09

Director dealings: Lloyds Banking chairman makes share purchase

(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant.

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26 Feb 2024 12:33

IN BRIEF: Lloyds Chair Robin Budenberg buys GBP455,000 in shares

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Chair Robin Budenberg buys 1.0 million shares at GBP0.4549, worth GBP454,925, in London on Friday.

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26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

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23 Feb 2024 10:13

IN BRIEF: Lloyds launches GBP2 billion share buyback programme

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Commences share buyback for up to GBP2 billion worth of ordinary shares. The buyback, conducted by Morgan Stanley & Co International PLC, will run until December 31. Lloyds says that the purpose of the programme is to reduce its ordinary share capital, and the company intends to cancel all repurchased shares.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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22 Feb 2024 16:26

London close: Stocks rise amid raft of solid earnings

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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22 Feb 2024 09:59

CORRECT: Lloyds profit rises but books GBP450 million probe provision

(Correcting sum of Lloyds Banking Group PLC's final dividend.)

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22 Feb 2024 08:24

TOP NEWS: Lloyds profit rises but books GBP450 million probe provision

(Alliance News) - Lloyds Banking Group PLC on Thursday reported an annual profit surge and announced a new share buyback, though it said it has booked a provision in connection to a UK watchdog probe on historic motor finance arrangements.

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22 Feb 2024 07:49

LONDON BRIEFING: Lloyds sets aside GBP450 million for UK motor probe

(Alliance News) - Stocks in London are set to higher on Thursday, as earnings from Nvidia, at the heart of an artificial intelligence boom, did not disappoint.

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