Lloyds Shares Trade Above 100p in London
Lloyds Banking Group shares rose over 1% at Tuesday’s open in London, trading above 100p for the first session after the Spring Bank Holiday. The bank filed for a 500 million share block admission tied to staff plans, set for May 27. Lloyds recently bought back 5 million shares at 99.57p each and posted a Q1 pretax profit of £2 billion, up 33%. Barclays and NatWest also gained over 1% in early trading.