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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.40
Bid: 55.00
Ask: 56.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.818%)
Open: 0.00
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Low: 0.00
Prev. Close: 55.40
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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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23 Jun 2023 12:09

LONDON MARKET MIDDAY: Housebuilders bear brunt of rate hike worries

(Alliance News) - Stock prices in London were lower heading into Friday afternoon, as a poor week for equities continued, with investors fretting over the prospect of central banks keeping interest rates higher for longer.

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22 Jun 2023 07:00

UK banks to ramp up data sharing in dirty money crackdown

Lloyds, NatWest among major banks involved in trials -sources

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21 Jun 2023 17:18

London stocks fall after inflation data shock, homebuilders slump

UK's stubborn inflation fails to fall in May

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21 Jun 2023 11:57

UK's Hunt says banks must honour commitments on mortgage help

LONDON, June 21 (Reuters) - British finance minister Jeremy Hunt said on Wednesday that mortgage lenders had to live up to their commitments to help borrowers struggling with higher interest rates.

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20 Jun 2023 12:28

UK's Hunt to meet lenders to discuss mortgage forbearance

LONDON, June 20 (Reuters) - British finance minister Jeremy Hunt on Tuesday said he would meet major lenders later this week to ask them to show forbearance towards households who struggle to pay rising mortgage bills.

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9 Jun 2023 14:02

Broker tips: Hammerson, Lloyds, British Land, Landsec

(Sharecast News) - Barclays upgraded Hammerson on Friday to 'overweight' from 'underweight' and lifted the price target to 30p from 25p.

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9 Jun 2023 09:45

Citi removes Lloyds from 'EMEA Focus List', keeps at 'buy'

(Sharecast News) - Citi removed Lloyds Banking Group from its 'EMEA Focus List' on Friday as it pointed to headwinds in the second quarter.

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9 Jun 2023 09:38

LONDON BROKER RATINGS: Stifel thinks B&M shares offer value

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

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8 Jun 2023 14:56

Broker tips; NatWest, Lloyds, Rio Tinto

(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, it said in a note published on Thursday on UK banks.

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8 Jun 2023 13:09

JP Morgan backs NatWest over Lloyds

(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, in a note published on Thursday on UK banks.

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8 Jun 2023 09:16

LONDON BROKER RATINGS: Citi likes Rio Tinto; JPMorgan raises Clarkson

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

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8 Jun 2023 07:53

LONDON BRIEFING: Wizz Air expects return to profit in financial 2024

(Alliance News) - Stocks in London were set to open flat on Thursday, with market sentiment cautious amid fears that interest rates have further to rise across the globe.

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7 Jun 2023 10:41

UPDATE: Telegraph owners deny business poised for administration

(Alliance News) - The billionaire owners of the Telegraph newspapers have denied the business is on the brink of being put into administration amid reports that talks with lenders over long-standing debts have broken down.

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7 Jun 2023 07:52

LONDON BRIEFING: UK house prices fall; Diageo CEO Ivan Menezes dies

(Alliance News) - Stocks in London are called to open flat on Wednesday, as Chinese trade data raised concerns about a global economic slowdown.

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7 Jun 2023 06:10

PRESS: Lloyds to launch GBP600 million Telegraph auction - Sky News

(Alliance News) - Lloyds Banking Group PLC will hire bankers within days to launch a GBP600 million auction of the Telegraph newspapers and The Spectator magazine, according to a report by Sky News late Tuesday.

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