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Stock impact report

UPDATE 2-Sainsbury's sinks but Lloyds, trade hopes lift FTSE 100 [Reuters (UK)]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Reuters
UPDATE 2-Sainsbury's sinks but Lloyds, trade hopes lift FTSE 100 | Reuters 4 Min Read * FTSE 100, FTSE 250 up 0.7 pct * Sainsbury’s tanks as CMA objects to Asda deal * Lloyds, Glencore shine after results * Financials, miners lead main index higher * Intu Properties slips among mid-caps * Flybe soars on alternate financing proposal (Adds company news items, updates to closing prices) By Shashwat Awasthi and Muvija M Feb 20 (Reuters) - London’s main bourse rose as Lloyds gained after promising to return cash to shareholders and optimism prevailed over China-U.S. trade talks. But Sainsbury’s lost nearly a fifth of its market value as regulators objected to its takeover of Walmart’s Asda. Both the FTSE 100 and the FTSE 250 ended the day with 0.7 percent higher. Stocks in Wall Street were also in positive territory as investors awaited the Federal Reserve’s minutes from its latest meeting. Hopes of a breakthrough in the U.S.-China trade talks lifted spirits as U.S. President Donald Trump Show less Read more
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