Lloyds gains 10.57 percent
by Elaine Frei
Equities markets were higher in Europe and in most of the Asia-Pacific region Tuesday as banks responded positively to positive sentiment about US quarterly results in the sector, with European banks up after Goldman Sachs (NYSE: GS) released its report a day early, saying that it made more money than expected in the first quarter.
In London, the FTSE 100 added 0.13 percent to 3,988.99 while the FTSE 250 was up 2.48 percent to 7,152.16.
Banks were led higher in London by Lloyds Banking Group (LSE: LLOY), which added 10.57 percent.
The FTSE Eurofirst 300 was up 1.49 percent to 789.95 while the CAC-40 added 0.88 percent to 3,000.22, the Dax was 1.47 percent higher to 4,557.01 and the IBEX gained 1.49 percent to 8,834.8.
Tokyo was the only major decliner among Asia-Pacific region equities markets, largely on declines among carmakers.
The Nikkei 225 was down 0.92 percent to 8,842.68 while the Topix index fell 0.65 percent to 843.42 and the Mothers market dropped 0.42 percent to 314.45.
Elsewhere in the region the Kospi was up 0.33 percent to 1,342.63, the Shanghai Composite added 0.54 percent to 2,527.18, the Taiex was 0.6 percent higher to 5,892.68, the Straits Times Index gained 1.08 percent to 1,897.02, and the Sensex was up 1.51 percent to 10,967.22.
In Australia, the S&P/ASX200 was 2.21 percent higher to 3,752.9 and the Sydney Ordinaries added 2.22 percent to 3,697.9, while the Hang Seng gained 4.55 percent to 15,580.16 in Hong Kong.
New York equities markets were in negative territory in afternoon trade as the Dow Jones Industrial Average was down 1.69 percent to 7,921.45 while the Nasdaq Composite was 1.85 percent lower to 1,622.72 and the S&P 500 had dropped 1.93 percent to 842.15
Crude oil prices were lower, as were most metals prices, while grains prices were mixed on the Chicago Board of Trade.
The yen gained on the news that retail sales in the US were lower in March and in anticipation of a report that is expected to show that wholesale prices fell in Germany last month.
Discuss this in the Finance Markets forums
Story link: Lloyds gains 10.57 percent
Add to Bookmarks:
Related financial stories to: Lloyds gains 10.57 percent
- Lloyds Bank gains 50 percent
- Lloyds Bank adds 8.87 percent; Barclays drops 10 percent
- Eurofirst gains 2.3 percent
- FTSE 250 gains 3.6 percent
- Paris CAC-40 gains almost 2 percent
- Dax gains 1.79 percent in Frankfurt
- Lloyds adds over 30 percent before results
- Eurofirst gains 0.2 percent over week
- Eurofirst up 0.1 percent after early gains
- Eurofirst gains 0.2 percent on session
Tags: Asia-Pacific equities, commodities, currencies, European equities, London equities, Wall Street
Previous: « House prices could bottom out by Christmas
Next: US consumer prices falling by 0.1 percent »
Visited 789 times, 1 so far today
No Comments »
No comments yet.
RSS feed for comments on this post.
