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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: 52.18
Bid: 52.26
Ask: 52.30
Change: 0.12 (0.23%)
Spread: 0.04 (0.077%)
Open: 52.38
High: 52.90
Low: 52.18
Prev. Close: 52.06
LLOY Live PriceLast checked at -

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Sector movers: RBS, Lloyds lift banking sector on FSA decision

Wed, 10th Oct 2012 17:17

Banking stocks finished strongly on Wednesday after it was revealed that the Financial Services Authority (FSA) has eased certain capital buffers.Banks will now not need to hold extra capital against lending that qualifies for 'Funding for Lending', meaning that loans given under the government's scheme can be effectively classed as risk-free.Meanwhile, according to The Financial Times, the FSA has also allowed banks to hold a fixed "numerical target" for capital instead of the 10% core capital ratio imposed by the Basel III rules. Royal Bank of Scotland (RBS) and Lloyds closed with decent gains in London. In other news, RBS has raised around $1bn from selling two building in Frankfurt and Berlin to Axa Investment Management, according to rumours.Meanwhile, Lloyds is apparently close to selling off $2.6bn-worth of Irish real estate loans with US investment firms Lone Star Funds and Kennedy-Wilson Holdings among the remaining bidders. Heading the other way: technology stocks were the worst performers of the day today with chip groups Imagination Technologies and ARM Holdings both out of favour.Imagination Technologies suffered steep falls after Credit Suisse initiated coverage of the stock with a 'sell' rating on the back of "increased competitive pressures". The broker said today: "Imagination is a $2bn system on chip graphics provider that has seen its share price rise 10-fold over the past four years on supplying graphics processors to the smartphone and tablet industry. However, we see ARM Holdings increasing its relevance as a competitor in this space with a full complement of graphics capabilities at half the price." ARM Holdings also fell after Credit Suisse started coverage of the shares with a 'neutral' recommendation, saying that a "lack of near-term catalysts" offsets ARM's "strong earnings reliability".Top performing sectors so far todayElectricity 8,881.23 +0.37%Real Estate Investment Trusts 2,073.64 +0.10%Banks 3,958.57 +0.08%Forestry & Paper 7,006.77 +0.08%Insurance (non-life) 1,579.39 +0.04%Bottom performing sectors so far todayTechnology Hardware & Equipment 762.19 -3.13%Industrial Metals & Mining 2,632.37 -2.96%Health Care Equipment & Services 3,698.58 -2.42%Construction & Materials 3,254.86 -2.28%Industrial Engineering 7,502.79 -2.14%BC
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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

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

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15 Nov 2023 16:59

LONDON MARKET CLOSE: Investors see end of sky-high rates in sight

(Alliance News) - Stock prices in London closed higher on Wednesday, with a pair of cooler inflation readings from either side of the Atlantic lifting spirits and driving largely broad-based gains in equities.

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14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

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3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

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27 Oct 2023 21:11

EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News:

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27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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27 Oct 2023 11:04

UAE lender to support Barclays family with £1bn bid for Telegraph - report

(Sharecast News) - First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.

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