Lloyds Banking Group PLC (LON:LLOY) is no longer insure Iran’s oil, but the company’s shares will grow

Lloyds Banking Group PLC shares will be stable

In brief: Lloyds Banking Group PLC will continue the successful rally next week, despite a decline in stock price on Friday.

Lloyds Banking Group PLC (LON:LLOY) lost his footing on Friday. Despite the successful passage of the stress tests, Lloyds Banking Group shares lost in value during the trading of the stock market on Friday. Lloyds of 63.52 points, losing -0.06 (-0.09%). Analysts believe the company refusing to insure the transportation of Iranian oil is not entirely justified.

At the same time, the growth of Lloyds Banking Group shares will continue next week – analysts say. Lloyds Banking Group PLC (LON:LLOY) said earlier that ceases to insure the import of gasoline to Iran and is believed to analysts, other insurers may follow suit. “Lloyd’s will always carry the penalty imposed – said in a statement, Sean McGovern, the legal adviser of the company. – United States – an important market for Lloyd’s, and because the market will not insure and reinsure oil bound for Iran.”

Anrey Torbinski
2010-07-25 17:37, Economics.

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