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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: 55.40
Bid: 55.48
Ask: 55.52
Change: -0.12 (-0.22%)
Spread: 0.04 (0.072%)
Open: 56.20
High: 56.50
Low: 55.40
Prev. Close: 55.52
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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26 Apr 2023 14:49

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26 Apr 2023 12:36

STOXX earnings estimates fall again

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26 Apr 2023 11:16

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26 Apr 2023 10:55

Veteran banker Win Bischoff dies at 81 - Sky News

LONDON, April 26 (Reuters) - Win Bischoff, one of the world's most influential and celebrated financiers, has died at the age of 81, Sky News reported on Wednesday.

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26 Apr 2023 09:27

Lloyd's expects insurer settlements on planes stuck in Russia -Irish Independent

DUBLIN, April 26 (Reuters) - Lloyd's of London expects insurers will eventually reach a settlement with aircraft lessors over claims made over the loss of hundreds of aircraft stuck in Russia, the commercial insurance market's chairman was quoted as saying on Wednesday.

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26 Apr 2023 07:16

Wowed by tech, worried by banks

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

WOWED BY TECH, WORRIED BY BANKS (0615 GMT)

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25 Apr 2023 17:40

Spanish stocks clock worst day in a month as Santander leads bank slide

Spain's IBEX leads falls among European peers

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21 Apr 2023 20:59

UPDATE: UK's CBI suspends policy and membership activities amid exodus

(Alliance News) - The Confederation of British Industry has said it will "suspend all policy and membership activity" until it can hold a meeting of its membership in June after dozens of its biggest supporters withdrew from the organisation.

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21 Apr 2023 17:43

CBI future in doubt as firms pull membership after second allegation

(Alliance News) - Some of the biggest companies in the UK have quit the Confederation of British Industry following a second rape allegation from a woman working for the business group.

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20 Apr 2023 10:11

UK watchdog to ensure savers benefit from interest rate rises

LONDON, April 20 (Reuters) - Britain's financial watchdog said on Thursday it would use new, tougher consumer protection powers from July 31 to ensure banks pass on increases in interest rates to savers, and further action was not ruled out.

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20 Apr 2023 09:21

British watchdog to ensure savers benefit from interest rate rises

LONDON, April 20 (Reuters) - Britain's financial watchdog said it will use new, tougher consumer protection powers from July 31 to ensure banks are passing on increases in interest rates to savers.

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17 Apr 2023 11:45

Britain seeks to boost banking services from fintechs

LONDON, April 17 (Reuters) - Britain's financial regulators said on Monday they would set up a new body over the next two years to encourage more competition in banking services through the use of third-party apps from fintech firms.

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17 Apr 2023 10:19

Britain sets out steps to extend 'open banking' services

LONDON, April 17 (Reuters) - Britain's financial regulators said on Monday they will set up a new body to encourage more competition in banking services through the use of third-party apps.

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13 Apr 2023 17:27

London's FTSE 100 gains on healthcare, mining boost; GDP data disappoints

Feb UK GDP flat vs estimates of 0.1% growth

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12 Apr 2023 15:51

BoE's Bailey says bank reforms worked but questions about liquidity buffers

Liquidity buffers introduced after global financial crisis

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