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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 202.70
Bid: 203.15
Ask: 203.20
Change: -0.95 (-0.47%)
Spread: 0.05 (0.025%)
Open: 202.65
High: 205.45
Low: 202.60
Prev. Close: 203.65
BARC Live PriceLast checked at -

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FTSE 100 movers: Fresnillo plunges on levy concerns

Mon, 16th Sep 2013 14:40

Precious metals miners Fresnillo has plummeted on concerns over levies on the mining sector in Mexico. "All of Fresnillo's seven operational mines are in Mexico, leaving it heavily exposed to such an increase in its tax burden," said Financial Sales Trader Max Cohen from Spreadex.Sector peer ENRC was also taking a hit, albeit a much smaller one. Rolls-Royce was also sitting in the red. It was reported over the weekend that the aircraft manufacturer is increasing its investment in Singapore. The company's turbulent operations in Asia have been widely-publicised in the past few years, including allegations of corruption from the Indonesian and Chinese officials. Speaking to the WSJ, the group said that over the next 20 years, 45% of revenues would be from Asia and Middle East. Meanwhile, insurers were performing well, with Standard Life, Legal & General and Prudential among the highest risers. The latter was given a lift by Panmure Gordon this morning after it raised its target price for the stock, saying that the business is "undervalued". Standard Life's Chief Executive said over the weekend that the Retail Distribution Review is going to improve the reputation of the financial services industry and will be an important part of both driving auto-enrolement and long-term care reforms. Speaking at a conference he said: "A lot of industries don't start with customer needs but we have a big opportunity to do that with big social policy such as auto-enrolment. It also means you have strategies that work. One of the big changes this year in January is the RDR so if you think about how financial services products have been sold over the past 20 years there has been an inherent financial bias induced because of commission, which has now been removed."He added: "We are beginning to get into the concept of transparency of pricing, i.e charged products, or advice based on fee, i.e sitting down and negotiating with your adviser. It is a fundamental change in financial services and it should help the backdrop of improving the reputation of the industry."Burberry is up on reports the fashion label's Chief Executive Officer has commented that store traffic is strong in London and Paris, despite the continued challenging business climate. Barclays was boosted by Nomura, which upgraded its rating by two notches from 'reduce' to 'buy' saying that the UK banking group is well-positioned for building macroeconomic momentum. FTSE 100 - RisersStandard Life (SL.) 355.40p +3.71%Antofagasta (ANTO) 878.00p +3.35%International Consolidated Airlines Group SA (CDI) (IAG) 325.20p +3.34%Sage Group (SGE) 359.80p +2.59%Aviva (AV.) 421.10p +2.51%easyJet (EZJ) 1,332.00p +2.46%AstraZeneca (AZN) 3,247.00p +2.28%Meggitt (MGGT) 568.50p +2.25%Prudential (PRU) 1,193.00p +2.23%Shire Plc (SHP) 2,532.00p +2.22%FTSE 100 - FallersFresnillo (FRES) 1,052.00p -12.19%Eurasian Natural Resources Corp. (ENRC) 215.70p -1.95%Rolls-Royce Holdings (RR.) 1,114.00p -0.98%Persimmon (PSN) 1,152.00p -0.86%Weir Group (WEIR) 2,350.00p -0.59%Admiral Group (ADM) 1,216.00p -0.57%Randgold Resources Ltd. (RRS) 4,483.00p -0.47%Rexam (REX) 500.00p -0.40%Tate & Lyle (TATE) 790.00p -0.38%ITV (ITV) 182.80p -0.33%NR
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9 Feb 2024 11:44

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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

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Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

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26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

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26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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22 Jan 2024 17:14

European shares rise as Wall Street rallies; ECB decision in focus

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22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

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22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

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