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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: 203.45
Bid: 203.40
Ask: 203.45
Change: 0.75 (0.37%)
Spread: 0.05 (0.025%)
Open: 200.75
High: 205.25
Low: 198.84
Prev. Close: 202.70
BARC Live PriceLast checked at -

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GLOBAL MARKETS-British data prompts global bond sell-off; Wall Street falls

Thu, 27th Oct 2016 20:54

* Yields on global benchmark bonds push higher

* U.S. dollar hits 7-1/2-year peak vs Swedish crown

* U.S. stocks fall; Comcast drop offset by healthcare

* Oil rises on OPEC comments (Adds U.S. stocks close; updates throughout)

By Hilary Russ

NEW YORK, Oct 27 (Reuters) - Strong growth data out ofBritain prompted the biggest daily sell-off in government debtfor months and pushed yields on the world's benchmark bondshigher on Thursday, as expectations eased for a Bank of Englandinterest rate cut.

The bond sell-off gained momentum in the United States afterupbeat jobless claims data pointed to another robust nonfarmpayrolls number next week.

Wall Street closed lower, dipping in a choppy session afterthe latest round of earnings reports. Losses in Comcast andconsumer discretionary stocks offset gains in the healthcaresector, while European stocks slid and the U.S. dollar advancedagainst the Swedish crown and Japanese yen.

Official data showed that growth in Britain's economyslowed only slightly in the three months after it voted to exitthe European Union. It grew 0.5 percent between July andSeptember, a touch less than the second quarter's 0.7 percent,enough to temper fears about an immediate economic impactfollowing the Brexit decision.

Britain's 10-year gilt advanced to more thanfour-month highs, while German 10-year bund yields rose tofive-month peaks, lifting U.S. Treasury yields inthe process.

"The stronger (gross domestic data) print in the UK hasgiven further weight to speculation that the BoE will notprovide further stimulus any time soon," said Rabobankstrategist Richard McGuire.

In U.S. equity markets, investors took Qualcomm's deal to buy NXP Semiconductors for about $47billion as a sign of confidence, sending up shares of both.

Despite beating earnings estimates a day earlier, Comcast pulled the S&P and Nasdaq lower, paring some lossesafter falling as much as 2.7 percent following price target cutsfrom Barclays and Deutsche Bank.

The Dow Jones industrial average fell 29.65 points,or 0.16 percent, to 18,169.68, the S&P 500 lost 6.39points, or 0.3 percent, to 2,133.04 and the Nasdaq Composite dropped 34.29 points, or 0.65 percent, to 5,215.97.

Interest-rate sensitive sectors also struggled as bondyields rose. The S&P real estate sector was down 2.45percent and on track for its worst decline in five weeks whileutilities shed 0.53 percent.

Europe's STOXX 600 slipped 0.01 percent, withdefensive sectors such as healthcare and utilities providing thebiggest boost to the index, underscoring investor caution.

The MSCI all-country world stock index fell0.34 percent.

The U.S. dollar hit its highest in more than seven and ahalf years against the Swedish crown after dovish comments fromSweden's central bank, and a three-month high against the yen on expectations for a December Federal Reserve rate hike.

The dollar extended gains during the day, surging 1.82percent against the Swedish crown at 9.0696 crowns, aftertouching 9.0890, its highest since early March 2009.

Oil prices edged higher as commitments from Gulf OPECmembers to cut production assuaged some lingering doubts in themarket about cooperation from other producers.

Brent crude was up 49 cents, or 1 percent, at $50.47a barrel while U.S. West Texas Intermediate crude gained54 cents, or 1.1 percent, to $49.72. (Additional reporting by William Schomberg, Costas Pitas,Abhinav Ramnarayan and John Geddie in London and GertrudeChavez-Dreyfuss, Chuck Mikolajczak, Sam Forgione and Ethan Louin New York; Editing by Nick Zieminski and James Dalgleish)

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20 Feb 2024 11:20

London midday: Stocks mixed after China makes bigger rate cut

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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20 Feb 2024 08:19

TOP NEWS: Barclays eyes GBP2 billion cost cuts and promises returns

(Alliance News) - Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years.

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20 Feb 2024 07:47

LONDON BRIEFING: Barclays announces GBP1b buyback as 2023 profit falls

(Alliance News) - Stocks in London are called lower on Tuesday, following a US holiday, and a mixed performance in Asian markets.

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20 Feb 2024 07:01

Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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19 Feb 2024 16:10

Tuesday preview: China rate decision, Barclays in focus

(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

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16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.

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15 Feb 2024 11:59

REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 07:24

Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

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13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

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9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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