Andrada Mining acquisition elevates the miner to emerging mid-tier status. 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 close: Footsie breaks 5,900 as US jobs data excites

Fri, 03rd Feb 2012 16:58

The much-anticipated January employment report from the US Labor Department didn't disappoint, with a better-than-expected increase in non-farm payrolls sending the FTSE 100 vertical in afternoon trading to break through the 5,900 level.The world's largest economy created 243,000 new jobs last month, well above the 150,000 that were being expected. In December, the number of new jobs was 200,000. The unemployment rate fell to 8.3% from December's 8.5%, catching the market by surprise. Meanwhile, the debt saga in Greece rumbled on with mixed signals being circulated all week. Now, it seems, a meeting of Eurozone finance ministers scheduled for Monday has now been postponed, as discussions between the Greek government and private creditors prove "very difficult", according to finance minister Evangelos Venizelos.Greek daily Ekathimerini has reported that the country's Prime Minister Lucas Papademos has threatened to resign if the country's political parties do not support the new fiscal austerity measures requested by the "troika" (European Union, European Central Bank, and International Monetary Fund). In domestic news, the National Institute of Economic and Social Research (NIESR) predicts that the UK may fall back into recession this year, with gross domestic product expected to fall by 0.1%.ADMIRAL, BT AMONG THE RISERS ON THE FOOTSIE Insurance group Admiral rose strongly after extending its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re until 2014. "Reinsurance has been at the core of Admiral's successful business model since 2000 and we look forward to continuing our mutually beneficial relationships with our partners for many years to come," said Chief Executive Officer Henry Engelhardt. Telecoms giant BT saw profits jump 48% in the third quarter, as the firm announced that it now expects to achieve its EBITDA target of above £6,000m this year, rather than in 2013. Shares in Tullow Oil rose after the firm signed two new production sharing agreements (PSAs) with the government of Uganda, covering the EA-1 and Kanywataba licences in the Lake Albert Rift Basin. Tullow will now finalise arrangements with CNOOC and Total for completion of the farm-down and the related transfer of monies as soon as possible, the statement said. Banking peers Lloyds and Barclays were 5% and 4% higher, respectively, while fellow lender Royal Bank of Scotland rose a lesser 1% after Deutsche Bank downgraded the stock from buy to hold. Xstrata and Glencore were making gains a day after announcing that they are in talks about a merger of equals to create a giant company valued at around £52bn (in market capitalisation terms at least). FTSE 250: MISYS BACK IN PLAY Bid speculation seems to permanently surround financial software provider Misys of late and it appears that there is no smoke without fire, as the group has confirmed it is in talks with a suitor. Shares edged higher. Bumi, the Indonesian coal miner, hit a bum note with shareholders who have demanded a meeting to request a meeting to persuade their fellow shareholders to boot out co-Chairman Nathaniel Rothschild along with a number of other members of the board. Specialist bank and asset manager Investec was flat after saying that assets under management excluding a contribution from the recently-acquired Evolution Group declined in the nine months to December 31st. Electrocomponents was in the red after seeing revenue growth slow down. Revenues in the four months to January 31st rose by 4%, but were only 1% higher in January alone. Small cap computer gaming retailer GAME Group was a big mover, surging over 20% after it confirmed revised terms have been agreed with its lenders. The group also cheered investors by indicating that losses in the year to January 31st, 2012, will not be as severe as feared. BCFTSE 100 - RisersAdmiral Group (ADM) 1,038.00p +7.90%Man Group (EMG) 136.70p +7.81%Smiths Group (SMIN) 1,017.00p +5.94%Lloyds Banking Group (LLOY) 34.39p +5.07%ITV (ITV) 79.35p +4.75%Glencore International (GLEN) 482.55p +4.52%Xstrata (XTA) 1,283.00p +4.27%Barclays (BARC) 237.45p +4.19%Old Mutual (OML) 157.80p +4.16%BT Group (BT.A) 214.00p +3.93%FTSE 100 - FallersPetrofac Ltd. (PFC) 1,474.00p -1.40%BG Group (BG.) 1,425.00p -0.49%Polymetal International (POLY) 1,165.00p -0.43%Randgold Resources Ltd. (RRS) 7,400.00p -0.27%Royal Dutch Shell 'A' (RDSA) 2,261.00p -0.18%Royal Dutch Shell 'B' (RDSB) 2,294.50p -0.13%FTSE 250 - RisersHays (HAS) 85.75p +7.25%Kesa Electricals (KESA) 75.00p +6.38%Home Retail Group (HOME) 117.10p +6.17%Ophir Energy (OPHR) 317.50p +5.94%3i Group (III) 205.20p +5.45%Regus (RGU) 107.80p +5.38%Dixons Retail (DXNS) 14.39p +5.04%Chemring Group (CHG) 425.00p +4.99%Oxford Instruments (OXIG) 995.00p +4.90%Barratt Developments (BDEV) 119.90p +4.90%FTSE 250 - FallersBumi (BUMI) 850.00p -4.49%Carpetright (CPR) 583.50p -4.34%Premier Farnell (PFL) 210.00p -3.85%Centamin (DI) (CEY) 98.05p -2.53%Shanks Group (SKS) 110.50p -2.21%Brewin Dolphin Holdings (BRW) 151.70p -2.13%SDL (SDL) 656.00p -2.09%Savills (SVS) 354.40p -1.96%Rank Group (RNK) 134.90p -1.96%WH Smith (SMWH) 527.50p -1.77%
More News
21 Mar 2023 17:00

LONDON MARKET CLOSE: Banks lead London higher as confidence returns

(Alliance News) - Stock prices in London closed sharply higher on increased confidence that a full-blown banking crisis has been avoided, following concerted action across the globe.

Read more
21 Mar 2023 11:57

LONDON MARKET MIDDAY: Banking crisis fears calm; Fed decision looms

(Alliance News) - Stock prices in London were higher at midday on Tuesday, with banking stocks continuing to lead the rise in the FTSE 100 as market fears of a banking crisis subsided.

Read more
21 Mar 2023 09:17

LONDON MARKET OPEN: Banks at top of FTSE 100 as sentiment improves

(Alliance News) - Stock prices in London opened higher on Tuesday, with banks at the top of the FTSE 100 after a tumultuous few days for the financial sector.

Read more
20 Mar 2023 17:05

LONDON MARKET CLOSE: European stocks rally as UBS deal calms jitters

(Alliance News) - Stock prices in Europe closed higher as the USD3.25 billion rescue of embattled lender Credit Suisse by its rival UBS calmed worries of contagion in the banking sector.

Read more
20 Mar 2023 12:07

LONDON MARKET MIDDAY: FTSE 100, European peers edge into the green

(Alliance News) - Stock prices in London were largely lower at midday on Monday, though the FTSE 100 edged into the green in the first tentative sign market sentiment may be improving after Credit Suisse's USD3.25 billion takeover by UBS.

Read more
20 Mar 2023 08:53

LONDON MARKET OPEN: UBS down 15%, Credit Suisse down 60% after deal

(Alliance News) - Stock prices in London opened lower on Monday morning as the emergency takeover of beleaguered lender Credit Suisse over the weekend failed to quell market turmoil.

Read more
17 Mar 2023 16:58

LONDON MARKET CLOSE: Stocks unable to shake off banking sector worries

(Alliance News) - Stocks in London closed down on Friday, and ended the week sharply lower, as markets on both sides of the Atlantic remained anxious about troubles in the banking sector.

Read more
16 Mar 2023 17:05

REPEAT: LONDON MARKET CLOSE: Stocks up amid relief after Credit Suisse

(Alliance News) - Stocks in London were higher at the close on Thursday, after ending sharply lower on Wednesday, as markets calmed after troubled bank Credit Suisse received a lifeline from the Swiss central bank.

Read more
16 Mar 2023 16:57

LONDON MARKET CLOSE: Stocks up amid relief after Credit Suisse, ECB

(Alliance News) - Stocks in London were higher at the close on Thursday, after ending sharply lower on Wednesday, as markets calmed after troubled bank Credit Suisse received a lifeline from the Swiss central bank.

Read more
16 Mar 2023 12:20

Sterling ticks lower as banking turmoil clouds rate outlook

LONDON, March 16 (Reuters) - The pound eased on Thursday, losing out to the euro ahead of the European Central Bank's policy decision later in the day, but held steady against the dollar, as a degree of calm returned to global markets.

Read more
16 Mar 2023 12:00

LONDON MARKET MIDDAY: Stocks up ahead of ECB as banks recovers

(Alliance News) - Stocks in London traded a little off session highs heading into Thursday afternoon, with investors moving with trepidation in the wake of Credit Suisse's dramatic share price crash on Wednesday and ahead of a European Central Bank interest rate decision.

Read more
15 Mar 2023 16:56

LONDON MARKET CLOSE: Banking sell-off as Credit Suisse reignites fears

(Alliance News) - Stocks in London closed deep in the red on Wednesday as banking stocks suffered heavy declines amid bad news for Credit Suisse, which added to worries for markets already shaken following the collapse of Silicon Valley Bank.

Read more
14 Mar 2023 12:05

SVB a casualty in 'battle between fire and ice' against inflation, bankers hear

LONDON, March 14 (Reuters) - The dramatic collapse of Silicon Valley Bank and the market turmoil it unleashed is part of the "battle between fire and ice" in global efforts to curb inflation after years of cheap money, Morgan Stanley co-president Ted Pick said on Tuesday.

Read more
14 Mar 2023 11:59

LONDON MARKET MIDDAY: Stocks up ahead of key US inflation reading

(Alliance News) - Stock prices in London were slightly higher at midday in London on Tuesday, as market attention turns to a US inflation reading, which has taken on new significant following the collapse of Silicon Valley Bank.

Read more
14 Mar 2023 09:48

UK banks not seeing deposit 'flight to quality' after SVB collapse - Lloyds CEO

LONDON, March 14 (Reuters) - British banks are not yet seeing a "flight to quality" in deposits among customers nervous about the safe-keeping of their money following the collapse of U.S. lender Silicon Valley Bank last week, Lloyds chief executive Charlie Nunn said on Tuesday.

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.