Fragile recovery for FTSE as investors seek safety in mining, oil [Reuters (UK)]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: Reuters
Fragile recovery for FTSE as investors seek safety in mining, oil | Reuters 4 Min Read LONDON (Reuters) - UK shares staged a fragile comeback on Friday as gains in mining and oil stocks helped revive a market battered by Thursday’s sell-off, while Brexit-sensitive banking and housebuilder stocks came under renewed pressure. The FTSE 100 .FTSE was up just 0.1 percent at 1033 GMT after briefly falling into negative territory and FTSE 250 .FTMC was 0.33 percent higher. Both were on track for a weekly loss, with the domestically focussed midcaps hit particularly hard by the rout in the pound. Sterling stabilised on Friday after its worst day since 2016 on Thursday, but was set for a drop of 1.4 percent on the week after the resignation of key ministers threw Prime Minister Theresa May’s European divorce deal into doubt. [FRX/] Speculation about a possible vote of no confidence in May continued to swirl despite the defiant tone she struck on Friday, vowing to take Britain out of the Europe
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LYG
Sec Filings
- 5/10/24 - Form 6-K
- 5/10/24 - Form 6-K
- 5/9/24 - Form 6-K
- LYG's page on the SEC website