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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 202.70
Bid: 191.00
Ask: 206.80
Change: 0.00 (0.00%)
Spread: 15.80 (8.272%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.70
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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LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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