Lloyds rises despite profits falling 70%
Fiona Cincotta February 24, 2021 11:24 AM
Lloyds reported a 70% decline in pre-tax profit but beat forecasts.
Lloyds share price is on the rise despite reporting a 70% drop in profits.Pre-tax profits came in at £1.2 billion, ahead of £905 million forecast.
Lloyds trades with a positive bias. Immediate resistance can be seen at 41p ahead of 45p. Support can be seen on the ascending trendline at 36.50.
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