FTSE Marks Time Ahead of Bank Results, Reports shareprices.com : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

FTSE Marks Time Ahead of Bank Results, Reports shareprices.com

February 25, 2010

FTSE Marks Time Ahead of Bank Results, Reports shareprices.com
shareprices.com

London, UK (RPRN) 02/25/10 — Trading in bank shares was light on the London Stock Exchange on Wednesday morning as US Federal Reserve Chairman Ben Bernanke prepared to address the House of Representatives and the Senate later in the day and again on Thursday, reports shareprices.com, a free online share dealing resource that provides share information on all ftse100, 250 and 350 London Stock Exchange listed companies.

Furthermore, the results from Royal Bank of Scotland (RBS) and Lloyds Banking Group are due on Thursday and Friday, respectively but, even so, the FTSE 100 index did manage to make some headway, and at 11.39 GMT was up 13.02 points or 0.24% at 5,328.11.

The price of crude oil remained stable throughout the at around $79 a barrel whilst energy stocks rose; Cairn Energy, for example, rose 3.1p or 0.92% to 340.10p and was joined in positive territory by Tullow Oil, up 8p or 0.67% to 1,203p. Additionally, Royal Dutch Shell was a steady riser, up 5.5p or 0.32% to 1,713.5p.

A spokesman for Tullow Oil said on Tuesday that oil fields discovered in the Lake Albert basin in Uganda may be capable of producing 350,000 barrels a day in eight years time, but that the company was sticking to its target of 150,000 barrels a day for 2013.

Banks too were generally higher ahead of the results due later in the week with HSBC leading the sector, rising 14.2p or 2.03% to 714.8p, but there were also positive movements for Lloyds Banking Group, up 0.44p or 0.85% to 52.17p, Standard Chartered, up 10.5p or 0.68% to 1,549p and Royal Bank of Scotland, up 0.16p or 0.44% to 36.16p. Barclays, which recently announced that annual profits in 2009 increased by 92% to £11.6 billion, but traded ex-dividend on Wednesday, was also ahead, rising 0.95p or 0.30% to 312.70p.

Shareprices.com has been launched following the huge success of its predecessor onlinesharedealing.net, and provides free share information on all London Stock Exchange listed companies, sectors and FTSE indices and makes buying and selling shares a simple and quick process.

The site also offers a detailed news section that is updated daily and provides information about risers and fallers from the previous days trading as well as the ability to compare brokers.

For more information, please visit shareprices.com.

Media Contact Name: Pete Goold
Media Phone: 01858 411 600
Media Web Address: www.punchcomms.com
Company Web Address: www.shareprices.com
Click here to see all news from this author/company

Filed Under: BANKING AND FINANCIAL NEWS, BUSINESS NEWS, Economy, PRESS RELEASE

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

GreenRoad bolsters focus on North American market with new Austin, Texas headquarters and top level appointments

San Jose, CA 05/26/15 · GreenRoad Technologies, the leading provider of Software-as-a-Service (SaaS)...

Canadian Anchor Baffled: Most People in LA Don't Know Who Sinatra Was

Hollywood, CA 05/22/15 · A Manitoba.24 anchor, MIKE BANANA, has held a...

Nostra Products - New Chalkboard Decor

New York, NY 05/18/15 · Nostra Products introduces a new product! Chalkboard decor...

AirBnB of food has arrived to London

London, United Kingdom 05/13/15 · - TRYMYKITCHEN.COM  BRINGS UNIQUE FOOD CONCEPT TO LONDON...

They Tell Their Story at the 32nd Annual McDonald’s Gospelfest and Competition

Newark, New Jersey 05/13/15 · Star-Studded Event at The Prudential Center, Newark New...

Newly Renovated Running Aces Casino & Racetrack to Host Preakness Event on May 16th

COLUMBUS, MN 05/12/15 · “The Triple Crown is a celebrated American tradition,...

Raleigh IT Business Celebrates 20 Years Of Serving Businesses Across North Carolina

Raleigh, NC 05/04/15 · CSP Extends Our Appreciation to Those Who Joined...

AK for Real Estate Development & Marketing to Settle with Egyptian Government

Cairo, Egypt 04/30/15 · Egyptian developer AK for Real Estate Development &...

Aspect/Bruker 3-year partnership concluded in March 2015

SHOHAM, Israel 04/26/15 · A world leader in ground-breaking, compact benchtop MRI...

IT Secure Services Expands Business Operations Into Massachusetts

Manchester, NH 04/23/15 · Businesses In The 128 Tech Corridor Finally Have...

ASTEP Announces Cindy Gentry, Senior Partner at Mercer U.S., as New Advisory Board Member

NEW YORK, NY 04/21/15 · The Asperger Syndrome Training and Employment Partnership (ASTEP)...

500 BC Introduces YouQuest App. Update Your Life, Not Your Status.

Washington, DC 04/21/15 · Harnessing ancient wisdom to meet modern challenges. “Update...