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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: 201.00
Bid: 201.60
Ask: 201.65
Change: -2.45 (-1.20%)
Spread: 0.05 (0.025%)
Open: 204.85
High: 205.35
Low: 200.80
Prev. Close: 203.45
BARC Live PriceLast checked at -

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GLOBAL MARKETS-British data prompts global bond selloff; U.S. stocks flat

Thu, 27th Oct 2016 16:48

* Yields on global benchmark bonds pushed higher

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

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

* Oil rises on draw of crude, OPEC comments (Adds U.S. market open; changes dateline to New York)

By Hilary Russ

NEW YORK, Oct 27 (Reuters) - Strong growth data out ofBritain prompted the worst daily selloff in gilts for months andpushed yields on the world's benchmark bonds higher on Thursday,as expectations eased for a Bank of England interest rate cut.

In the U.S., stock market losses led by Comcast and consumerdiscretionary stocks were offset by gains in the healthcaresector, while European stocks slid and the U.S. dollar hit highsagainst the Swedish crown and Japanese yen.

Official data showed that Britain's economy slowed onlyslightly in the three months after it voted to exit the EuropeanUnion. It grew by 0.5 percent between July and September, atouch less than the second quarter's 0.7 percent, but temperingfears about an immediate economic impact following the Brexitdecision.

Britain's 10-year government bond was up 12 basis points toyield 1.27 percent, on track for its biggest daily rise sinceJune 2015.

German and U.S. equivalents roseto their highest since early June at 0.19 percent and 1.86percent, respectively.

"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, falling as much as2.7 percent following price target cuts from Barclays andDeutsche Bank.

The Dow Jones industrial average rose 17.5 points, or0.1 percent, to 18,216.83, the S&P 500 lost 0.11 points,or 0.01 percent, to 2,139.32 and the Nasdaq Composite dropped 12.85 points, or 0.24 percent, to 5,237.42.

Europe's STOXX 600 slipped 0.06 percent, withdefensive sectors such as healthcare and utilities providing thebiggest boost to the index, underscoring investor caution.

The MSCI all-country world stock index wasdown 0.3 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, while the dollar hit a three-month highagainst the yen on expectations for a December Federal Reserverate hike.

The dollar was last up 1.22 percent against the Swedishcrown at 9.0164 crowns after touching 9.0424 crowns, itshighest level since early March 2009.

Oil prices edged higher on a reported drop in U.S. crude oilinventories, and as commitments from Gulf OPEC members assuageddoubts in the market about cooperation from other producers.

U.S. crude rose 65 cents, or 1.32 percent to $49.83 abarrel, while Brent crude added 74 cents, or 1.48percent, to $50.72. (Additional reporting by William Schomberg, Costas Pitas,Abhinav Ramnarayan and John Geddie in London; YashaswiniSwamynathan in Bengaluru; Sam Forgione and Ethan Lou in NewYork; Editing by Bernadette Baum)

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LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

*

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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