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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 56.08
Bid: 56.12
Ask: 56.14
Change: 0.28 (0.50%)
Spread: 0.02 (0.036%)
Open: 55.96
High: 56.24
Low: 55.78
Prev. Close: 55.80
LLOY Live PriceLast checked at -

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London close: Financials lead advance

Thu, 10th Dec 2009 16:31

UK shares closed not far off their best levels of the day as a strong start on Wall Street built on substantial support for UK-listed financial plays.Investors welcomed Alistair Darling's decision yesterday not to slap a windfall tax on banks and speculation that British lenders had agreed to reschedule Dubai World's debts.There was also a sigh of relief as the Bank of England kept its £200bn quantitative easing programme on hold, while interest rates stayed at 0.5%, as expected.Lloyds Banking Group was top of the pile as the deadline for its £13.5bn rights issue nears. Shareholders must decide if they want to take up their rights tomorrow. Royal Bank of Scotland also rallied on press reports that it is close to selling some of its assets in Asia to HSBC.Elsewhere in the sector, Barclays leapt despite getting into hot water with Indian regulators. They told the British bank to stop trading offshore derivatives after accusing it of providing incorrect and false information on clients.Copper miner Kazakhmys has increased the stake it will sell in its Ekibastuz GRES -1 power plant from 25% to 50%. The consideration will increase from $339m to $681m and will primarily be used by Kazakhmys to repay debt.United Utilities edged lower following news that its chief financial officer Tim Weller is to jump ship to take over the CFO role at the Cable & Wireless division, Cable & Wireless Worldwide. Weller will join the Cable & Wireless Worldwide board of directors in May 2010.Higher sales from its shops helped sports retailer Sports Direct shrug of a decline in its wholesale business to post a rise in sales and underlying pre-tax profits. In the half year to October 25, revenues climbed to £756.9m from £687.7m over the same period the previous year. Underlying pre-tax profits climbed to £71.9m from £51.8m.Electronic components distributor Premier Farnell reported a 37% fall in third quarter profits but said the period has seen further improvement as the rate of year on year sales decline in its business continued to ease.Carillion, the support services and construction firm, has won preferred bidder status for the Southmead Hospital public/private partnership development project in Bristol.Packaging and office products wholesaler DS Smith expects to exceed full-year expectations after a 'relatively good first half'.Energy efficiency company Eaga expects to notch up double digit percentage growth in profits in the first half of its financial year. The company said that revenues across all of the group's core segments have continued to grow year on year since its mid-October trading update.Menswear retailer Moss Bros said it had seen a 'marked improvement' in trading in the 18 weeks to 5 December, with like-for-like sales up 5.5%.Kazakhstan-focused oil and gas company Max Petroleum slipped deep into the red at the interim stage after taking a massive hit on credit facility restructuring costs.Latin American oil and gas group Geopark has made a gas discovery in a new reservoir in its recently drilled Monte Aymond 34 well in Chile.Shares in Clipper Windpower were swept higher by a partial offer from the technology giant UTC to buy 21.8m shares in the wind turbine generator at 180p a share.The collapse of Woolworth's distribution arm in November 2008 continues to benefit home entertainment products distributor MBL. The company announced sparkling results, with sales more than doubling and profit before tax increasing by almost two-fifths.Private equity firm Francisco Partners has launched an agreed takeover for vehicle tracking technology company Cybit Holdings, offering 75p cash per Cybit share.FTSE 100 - RisersLloyds Banking Group (LLOY) 58.22p +6.45%Barclays (BARC) 290.75p +4.55%Standard Life (SL.) 207.50p +4.06%Man Group (EMG) 315.90p +3.81%British Sky Broadcasting Group (BSY) 564.50p +3.77%Legal & General Group (LGEN) 77.25p +3.62%Royal Bank of Scotland Group (RBS) 31.34p +3.35%Standard Chartered (STAN) 1,510.00p +3.28%Schroders (SDR) 1,210.00p +3.07%Admiral Group (ADM) 1,118.00p +2.76%FTSE 100 - FallersXstrata (XTA) 1,032.00p -2.09%Land Securities Group (LAND) 635.00p -1.85%Tullow Oil (TLW) 1,252.00p -1.57%Rio Tinto (RIO) 3,095.00p -1.43%Invensys (ISYS) 281.60p -0.91%SEGRO (SGRO) 331.10p -0.66%Vedanta Resources (VED) 2,315.00p -0.64%British Land Co (BLND) 443.60p -0.58%Eurasian Natural Resources (ENRC) 875.00p -0.57%Royal Dutch Shell 'A' (RDSA) 1,823.00p -0.49%FTSE 250 - RisersDS Smith (SMDS) 128.70p +13.39%Premier Farnell (PFL) 173.80p +9.58%Enterprise Inns (ETI) 100.60p +4.90%Telecity Group (TCY) 350.00p +4.48%Game Group (GMG) 120.60p +4.42%Domino Printing (DNO) 320.50p +4.06%Punch Taverns (PUB) 79.75p +4.04%Bodycote (BOY) 162.40p +3.70%Evolution Group (EVG) 140.10p +3.55%Ladbrokes (LAD) 135.20p +3.52%FTSE 250 - FallersSports Direct International (SPD) 99.10p -6.51%St. Modwen Properties (SMP) 198.10p -5.67%Inchcape (INCH) 27.00p -5.43%Avis Europe (AVE) 23.75p -4.77%Gem Diamonds (GEMD) 183.00p -4.69%PV Crystalox Solar (PVCS) 56.15p -4.34%Petropavlovsk (POG) 1,147.00p -4.02%PZ Cussons (PZC) 255.50p -4.02%Mcbride (MCB) 202.00p -3.81%Wellstream Holdings (WSM) 499.70p -3.35%
More News
19 Jul 2023 14:35

UK earnings, trading statements calendar - next 7 days

Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Foods PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
Friday 21 July 
Close Brothers PLCTrading Statement
Glencore PLCTrading Statement
Petershill Partners PLCTrading Statement
Thruvision Group PLCFull Year Results
Monday 24 July 
discoverIE Group PLCTrading Statement
Cranswick PLCTrading Statement
Glantus Holdings PLCTrading Statement
MoneySupermarket.com PLCHalf Year Results
Ryanair Holdings PLCQ1 Results
Science Group PLCHalf Year Results
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 25 July 
City of London Investment Group PLCTrading Statement
Compass Group PLCTrading Statement
Croda International PLCHalf Year Results
Games Workshop Group PLCFull Year Results
Greencore Group PLCTrading Statement
Hummingbird Resources PLCTrading Statement
MITIE Group PLCTrading Statement
Paragon Banking Group PLCTrading Statement
Reach PLCHalf Year Results
Smart Metering Systems PLCTrading Statement
Tristel PLCTrading Statement
Tyman PLCHalf Year Results
Unilever PLCHalf Year Results
Unite Group PLCHalf Year Results
Wednesday 26 July 
Aptitude Software Group PLCHalf Year Results
Breedon Group PLCHalf Year Results
Conduit Holdings LtdHalf Year Results
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
FRP Advisory Group PLCFull Year Results
Gresham Technologies PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Lloyds Banking Group PLCHalf Year Results
Marston's PLCTrading Statement
Nichols PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Rathbones Group PLCHalf Year Results
Rio Tinto PLCHalf Year Results
Science Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Jul 2023 08:59

SSP completes bank refinancing with new GBP300 million four-year loan

(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility.

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12 Jul 2023 17:14

European shares jump as cooling US inflation boosts rate pause bets

STOXX 600 up for fourth straight session

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12 Jul 2023 12:08

LONDON MARKET MIDDAY: FTSE 100 boosted by banks ahead of US inflation

(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient".

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12 Jul 2023 11:04

Bank of England stress test finds top 8 UK banks have enough capital

LONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.

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12 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

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12 Jul 2023 08:39

TOP NEWS: Major UK banks "resilient" in BofE's annual stress test

(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.

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12 Jul 2023 08:26

UK bank shares rise after BoE stress test

MILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.

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12 Jul 2023 07:21

UK bank pass annual stress tests, says BoE

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

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12 Jul 2023 07:15

Stress test shows top 8 UK banks have enough capital, says Bank of England

LONDON, July 12 (Reuters) - The Bank of England said on Wednesday its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

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7 Jul 2023 11:13

British lender OSB shares slide on mortgage hit warning

LONDON, July 7 (Reuters) - British financial services group OSB's shares fell by more than 20% on Friday after it said it would take a net income hit of up to 180 million pounds ($229 million) as mortgage customers switched from higher rate products.

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6 Jul 2023 19:14

Banks recognise savers need help accessing best rates - UK regulator

(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

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6 Jul 2023 18:45

UK banks must accelerate rate rises for savers, says watchdog

LONDON, July 6 (Reuters) - British regulator the Financial Conduct Authority (FCA) said on Thursday that banks need to accelerate rate rises for savers, but said it was not up to the watchdog to dictate pricing.

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6 Jul 2023 16:41

Banks must provide value to savers, says UK watchdog

LONDON, July 6 (Reuters) - Britain's Financial Conduct Authority said on Thursday that banks need to ensure they are providing value to savers, but said it was not up to the regulator to dictate pricing.

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6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears.

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