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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.
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Share Price Information for Lloyds (LLOY)
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Share Price:
52.30
Bid:
52.24
Ask:
52.26
Change:
1.10 (2.15%)
Spread:
0.02 (0.038%)
Open:
51.12
High:
52.60
Low:
51.08
Prev. Close:
51.20
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Don't have an account? Click here to register.Wednesday newspaper round-up: Japan, BP, RBS and Lloyds...
Wed, 22nd May 2013 06:51
The Bank of Japan has held off on new monetary easing, according to the Financial Times, "judging that the huge stimulus unveiled in April will be enough to spur price gains in the world's third-largest economy". The central bank said that Japan has "started picked up".Financial Times says that British oil firm BP is to challenge what it sees as unjustified compensation payments under the multibillion-dollar settlement it agreed over the Gulf of Mexico oil disaster in 2010. The paper says that BP has doubled the rate at which it appeals against claims by thousands of US businesses and individuals.The Independent says that the International Monetary Fund is to advise Britain to sell off its stakes in RBS and Lloyds, saying that the public ownerships in the banks is not in the interests of the UK economic recovery.The Times says that executives at Royal Mail are starting to market a sell-off of the postal delivery network worth up to £3.0bn after the company yesterday reported a 61% leap in annual profits.Mark Carney, who is due to replace Sir Mervyn King as the Governor of the Bank of England this summer, has said that Europe could face a decade of stagnation if its does not take the kind of bold measures seen in Japan, according to The Telegraph.Tax lost offshore is costing governments nearly £100bn a year, according to Oxfam, and could end end extreme poverty across the world twice over, The Guardian writes. "The charity said it was time for David Cameron to put words into action by taking tougher action against UK-linked tax havens."The Chief Executive of Apple has launched a staunch defence of the tech giant's tax affairs following claims that the company has avoided paying billions of dollars. Tim Cook said: "We pay every dollar of tax we owe".BC
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Today 09:45
NatWest profit falls less than feared ahead of state escape
First-quarter profit down 27% in competitive market
*Read more24 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 more24 Apr 2024 11:55
LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves
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TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines
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Read more24 Apr 2024 07:02
Lloyds Bank holds guidance as Q1 profit falls £28%
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Read more23 Apr 2024 10:43
Wednesday preview: US corporate results, Lloyds in the spotlight
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Read more22 Apr 2024 09:04
LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'
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Read more19 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 more19 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 more19 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 more19 Apr 2024 07:47
LONDON BRIEFING: Man Group assets up; 888 revenue above outlook
(Alliance News) - London's FTSE 100 is called to open lower on Friday, though oil prices got a boost, on fears of a conflict escalation in the Middle East.
Read more18 Apr 2024 14:55
Nord Stream insurers deny policies covered war risks in UK lawsuit
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