Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. 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: 54.74
Bid: 54.88
Ask: 54.92
Change: -1.34 (-2.39%)
Spread: 0.04 (0.073%)
Open: 56.38
High: 56.56
Low: 54.28
Prev. Close: 56.08
LLOY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London afternoon: Stocks in consolidation mode

Fri, 18th Dec 2009 14:21

Blue-chips moved sideways over the lunch-time session, consolidating the morning's gains.Goldman Sachs has given a lift to the oil sector, tipping BP as the 'clear winner' among oil companies next year, though it also rates UK operators BG and Royal Dutch Shell over their continental European counterparts Total, ENI and Repsol.BP is upgraded to 'buy' by the influential US bank while Shell is rated as a 'conviction buy' and BG a 'buy'.Demand for oil stocks was also boosted by reports of Iranian troops marching over the Iraqi border and laying claim to a dormant oilfield, but the story has subsequently been denied by Iraq's deputy Minister of the Interior, Ahmed Ali al-Khafaji, who said the field, which is on the Iran-Iraq border, has been 'neglected by both sides'.Kazakhmys, Antofagasta, BHP Billiton, Vedanta and Xstrata catch the eye in a buoyant mining sector but the best performing blue-chip is knee and hip joint supplier Smith & Nephew after UBS bumped up its price target for the stock.Having been hit hard yesterday following the Basel Committee report, banks are on the back foot again today. Barclays, Royal Bank of Scotland and Lloyds all fall back, with Lloyds sliding despite JPMorgan Chase bumping its price target for the stock by 10% and Exane BNP Paribas upgrading the shares from 'neutral' to 'outperform'. Port operator Forth Ports said it expects full year results to be at the lower end of expectations due to weak trading in its Nordic recycling division and in its container services operations at Tilbury port near London.In contrast, temporary power supplier Aggreko says trading has been better than expected during the last three months of the year, leaving 2009 operating profit up by more than a quarter. The stock is set to replace rat-catcher and laundry firm Rentokil Initial in the FTSE 100 index next week.Car dealer Inchcape is wanted after SocGen upgraded its earnings forecasts by around 5% to 6% for the next two years. Ground engineering specialist Keller confirmed that it is on track to meet full year expectations. In its Interim Management Statement on 12 November, the group reported that both revenues and margins since the first half had been below the comparable period in 2008.Online gaming group Partygaming expects underlying earnings this year to be slightly ahead of market forecasts after solid trading since September. Revenue is expected to be in line with expectations, its statement added, with all four of its product streams showing quarter-on-quarter net growth.Ryanair said it has no plans to reopen discussions with Boeing or any other aircraft manufacturers after talks between the two groups on new aircraft orders were terminated unsuccessfully. Topps Tiles has effectively shut down its Dutch operation after withdrawing financial support from the loss-making subsidiary. The cost will be £1m and be reflected in the next figures. The Dutch subsidiary comprises 12 stores and accounted for 4% of the group's revenue in 2009, but made a loss of £4.9m.Social housing maintenance specialist Mears has agreed terms for an all paper takeover of home care group Supporta. Mears will offer 0.115 of its shares for each for each Supporta share, valuing Supporta in total at approximately £27.2m and each share at 31p.Shares in Brainspark surged after the technology-focused investment company said it had raised £550,000 through a placing to finance its acquisition, announced last month, of a 10.87% stake in Mediapolis. The firm placed 110m shares at 0.5p a time, a 40% premium over the mid-market share price.Online betting firm Sportingbet said the main trends seen in the first quarter have continued and trading across the business is in line with expectations.
More News
29 Jun 2023 10:29

UK banks: reasons to buy on weakness

STOXX Europe 600 up 0.1%

*

Read more
29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

Read more
26 Jun 2023 17:39

UK banks face profit hit from rising threat of economic hard landing

(Alliance News) - JPMorgan on Monday warned that high street lenders, Lloyds Banking Group PLC, Barclays PLC and NatWest Group PLC, face a profit squeeze in the event of a hard-landing for the UK economy.

Read more
26 Jun 2023 16:28

UK finance minister Hunt says banks are slow to pass on rate hikes to savers

LONDON, June 26 (Reuters) - Britain's finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases in central bank interest rates to savers and this is a problem that needs to be resolved.

Read more
26 Jun 2023 11:57

LONDON MARKET MIDDAY: Risk-off amid higher rates, Russia instability

Alliance News) - Stock prices in London were lower at midday on Monday, as an aborted uprising in Russia over the weekend and hawkish moves from central banks over the past two weeks caused investors to tread carefully.

Read more
26 Jun 2023 10:10

JPMorgan downgrades Lloyds to 'underweight'

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

Read more
26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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

Read more
26 Jun 2023 07:56

LONDON BRIEFING: Stocks firm; Aston Martin signs Lucid, Mercedes deals

(Alliance News) - Stocks in London were set to start the new week marginally lower, with financial markets unfazed by a failed revolt by a mercenary army in Russia over the weekend.

Read more
26 Jun 2023 07:40

Broker tips: Lloyds, Cranswick, On The Beach

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

Read more
23 Jun 2023 15:50

UK banks agree limited mortgage relief measures for stressed borrowers

LONDON, June 23 (Reuters) - British banks agreed on Friday to give homeowners who miss mortgage payments a year of grace before foreclosing and to protect credit scores of borrowers who change loan terms, as the government sought to ease the strain of rising interest rates.

Read more
23 Jun 2023 14:15

UK Chancellor Hunt agrees measures with banks to cool mortgage crisis

(Alliance News) - UK Chancellor Jeremy Hunt has agreed measures with lenders aimed at helping mortgage holders struggling with high interest rates, but has resisted offering government support.

Read more
23 Jun 2023 13:12

UK's Hunt: Agreed measures with banks to ease mortgage payments strain

LONDON, June 23 (Reuters) - British finance minister Jeremy Hunt said he had agreed new measures with bank lenders on Friday to help ease the pressure on mortgage holders of raising interest rates.

Read more
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.

Read more
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

*

Read more
21 Jun 2023 17:18

London stocks fall after inflation data shock, homebuilders slump

UK's stubborn inflation fails to fall in May

*

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.