Tomorrow, Lloyds, the UK's largest retail bank, will release their earnings report. Investors will be eager to see how LLoyds' earnings have fared especially during the pandemic, but also compared to its peers, inlcuding Barclays et al.
Additionally, as other banks have reinstated some form of dividend, shareholders will also want some of the same. This may be a bit more tricky however, due to LLoyds' limited exposure compared to its rivals. We shall see.
From the chart, we can see clear resistance at 39.55p, with the end of day close very strong, especially with HSBA producing their earnings. It will be interesting to see how investors will react in the next few trading sessions.
Let me know of any comments you may have. Thanks.
Additionally, as other banks have reinstated some form of dividend, shareholders will also want some of the same. This may be a bit more tricky however, due to LLoyds' limited exposure compared to its rivals. We shall see.
From the chart, we can see clear resistance at 39.55p, with the end of day close very strong, especially with HSBA producing their earnings. It will be interesting to see how investors will react in the next few trading sessions.
Let me know of any comments you may have. Thanks.
