George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 52.52
Bid: 52.48
Ask: 52.52
Change: 0.22 (0.42%)
Spread: 0.04 (0.076%)
Open: 52.68
High: 52.82
Low: 52.32
Prev. Close: 52.30
LLOY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sector movers: Standard Chartered, Lloyds drag UK banks lower

Tue, 28th Oct 2014 13:20

The second profit warning in a year from Standard Chartered and some underwhelming results from Lloyds ensured that the banking sector was the worst-performing segment in London on Tuesday.Shares of Asia-focused StanChart were down 9% in afternoon trade after the bank warned that second-half underlying profits would be below last year's. In August, the company had guided to an improvement in profits in the last six months of the year.Third-quarter pre-tax profit dropped 16% to $1.53bn as a 1% increase in revenue was offset by higher impairments and costs.The stock, trading around the 999p level, had "dipped below the £10 mark for the first time in five years", noted IG's David Madden.Meanwhile, underlying profits were higher than expected at Lloyds Banking Group, rising 44% year-on-year in the third quarter to £2.16bn.However, shares fell 2.4% as analysts raised concerns about further PPI impairment charges and how Lloyds will fare amid the recent slowing of the UK housing market. The company also confirmed cost-cutting plans to slash 9,000 jobs and close a net 150 branches.Lloyds said it was in ongoing discussions with the Bank of England's Prudential Regulation Authority (PRA) regarding the resumption of dividend payments, but the payout is thought to be largely dependent on the PRA's forthcoming stress tests, the results of which are due on 16 December.Royal Bank of Scotland and Barclays were also trading in the red, down 0.5% and 0.1% respectively.Top performing sectors so far todayMobile Telecommunications 4,548.65 +2.25%Forestry & Paper 10,846.76 +2.03%Mining 15,276.05 +1.91%Industrial Transportation 2,860.67 +1.84%Health Care Equipment & Services 5,723.32 +1.62%Bottom performing sectors so far todayBanks 4,341.93 -1.07%Chemicals 9,556.31 -0.69%
More News
Today 07:00

Britain's NatWest share sale to test UK equity market upswing

Government keen to revive share-owning culture via offer

*

Read more
27 Apr 2024 12:00

Britain's NatWest share sale to test UK equity market upswing

Government keen to revive share-owning culture via offer

*

Read more
26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

Read more
26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 11:55

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.

Read more
24 Apr 2024 09:11

TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.

Read more
24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Read more
24 Apr 2024 07:02

Lloyds Bank holds guidance as Q1 profit falls £28%

(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.

Read more
23 Apr 2024 10:43

Wednesday preview: US corporate results, Lloyds in the spotlight

(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.