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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.80
Bid: 55.80
Ask: 55.82
Change: 0.00 (0.00%)
Spread: 0.02 (0.036%)
Open: 0.00
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Prev. Close: 55.80
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London close: Footsie finishes well below 5,700

Thu, 23rd Jun 2011 16:39

The Footsie steadily declined to finish below the 5,700 level on Thursday after last night's message from the Federal Reserve which highlighted its caution over the economic recovery in the US.While also cutting his forecasts for US growth, Fed chairman Ben Bernanke signalled the end of its second round of quantitative easing, a measure which has been diluting the value of the dollar. This prompted investors to beef up their dollar positions on Thursday, causing a broad commodity sell-off. As such, miners took a tumble in London as metals prices headed southwards. As of 16:35, gold was 2.11% lower at $1,520.70, copper fell 0.91% to $406.95, while silver dropped 4.46% to $35.12.Indian miner Vedanta Resources was the worst performer, falling 6.4%, closely followed by ENRC, Barclays, Kazakhmys and Anglo American.Meanwhile, there were only five stocks that finished the day higher, British Sky Broadcasting being one of them. Rupert Murdoch's Newspaper group News Corp's takeover of the satellite broadcaster has moved closer after the regulator Ofcom rubber-stamped the deal. It is now up to culture secretary Jeremy Hunt to review the proposal. He is expected to give it the green light next week. RBS and Lloyds were unwanted on reports that the government may be giving shares in the part-nationalised banks back to taxpayers. Imagination Technologies fell 16% on and dragged the FTSE 250 index lower for the second consecutive day after reporting lower-than-expected full year sales, offsetting the stellar performance by recycled packaging firm DS Smith. DS Smith reported 86% jump in pre-tax profits, overcoming a sharp rise in input costs and also raised its full year dividend. Shares gained 15%.Micro Focus was also a heavy faller, after the legacy software specialist's underlying earnings came in below the guidance range issued at the time of the company's February profits warning. Catering giant Compass Group was lower after announcing that it is acquiring Shing Hin Catering Group from Au-Yeung Kwan for an undisclosed sum, strengthening its existing food services business with the Education and Business & Industry sectors in Hong Kong. ---BCFTSE 100 - RisersInternational Consolidated Airlines Group SA (IAG) 244.40p +0.78%Carnival (CCL) 2,334.00p +0.69%British Sky Broadcasting Group (BSY) 835.00p +0.54%Imperial Tobacco Group (IMT) 2,038.00p +0.39%Shire Plc (SHP) 1,854.00p +0.38%FTSE 100 - FallersVedanta Resources (VED) 1,832.00p -6.86%Eurasian Natural Resources Corp. (ENRC) 695.50p -5.05%Royal Bank of Scotland Group (RBS) 36.74p -4.94%Glencore International (GLEN) 466.65p -4.77%Essar Energy (ESSR) 394.00p -4.30%Kazakhmys (KAZ) 1,251.00p -3.77%Lloyds Banking Group (LLOY) 45.27p -3.68%Xstrata (XTA) 1,243.50p -3.57%Barclays (BARC) 243.35p -3.55%Cairn Energy (CNE) 383.10p -3.50%
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