London close: Stocks gain after ECB rate cut, US data
Date: Thursday 02 May 2013
After a subdued start, the FTSE 100 ended Thursday's session in a volatile fashion as traders digested an underwhelming interest-rate cut from the European Central Bank (ECB), comments from Mario Draghi and better-than-expected economic data from the States.
London midday: Markets subdued as eyes turn to ECB
Date: Thursday 02 May 2013
Markets were trading within a narrow range on Thursday as traders refrained from taking risk ahead of a potential rate cut from the European Central Bank (ECB) this afternoon.
Broker tips: Lloyds, Legal & General, Sainsbury
Date: Thursday 02 May 2013
Investec has downgraded its recommendation for Lloyds Banking Group from 'hold' to 'sell' and left its target price at 50p following the bank's first-quarter results this week.