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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: 213.10
Bid: 213.45
Ask: 213.55
Change: -4.10 (-1.89%)
Spread: 0.10 (0.047%)
Open: 217.55
High: 218.25
Low: 212.15
Prev. Close: 217.20
BARC Live PriceLast checked at -

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LIVE MARKETS-STOXX hits fresh all time high

Mon, 01st Nov 2021 08:51

Nov 1 - Welcome to the home for real-time coverage of
markets brought to you by Reuters reporters. You can share your
thoughts with us at markets.research@thomsonreuters.com

STOXX HITS FRESH ALL-TIME HIGH (0851 GMT)

European stocks are well in the black, hitting new all-time
highs, as investors shrug off worries about central banks
reducing their monetary stimulus.

According to JP Morgan analysts, equities are set “to
continue climbing the ‘wall of worry, it remains premature to
position for the central banks' policy mistake.”

The STOXX 600 index is up 0.8%.

A jump in bond yields seems to be easing today, ahead of
some major central banks meetings this week, with the Fed
expected to announce its tapering plans.

Shares in Ryanair are up 1% after an early fall as
the company reports the first quarterly profit for 2019, but it
confirmed a loss forecast for the entire year.

Barclays stocks are down 1.2% after the bank said
that chief executive Jes Staley is to stand down following
British regulators' investigations into his ties with convicted
sex offender Jeffrey Epstein.

(Stefano Rebaudo)

*****

A WEEK OF CENTRAL BANKS (0714 GMT)

It's hard to believe that just a month or so back the first
Fed rate hike was not expected until Jan 2023. Goldman Sachs is
among those to now predict a hike next July, bringing forecasts
forward a whole year after the U.S. core PCE index -- the Fed's
preferred inflation measure - came in at 4.4% annualised.

A euro zone rate rise in July? Highly unlikely, even if
headline inflation is at 4.1%, nonetheless it's fully priced.

All of which makes it an scintillating week for central bank
watchers, with the Fed likely announcing a taper, the Bank of
England an interest rate rise, Norway signalling its second rate
hike of the year. The most interesting might be the Reserve Bank
of Australia which could revise its guidance after last week
letting its 3-year bond yield bust past the targeted 0.1%.

Bond markets are calmer this morning -- the Aussie yield is
down more than 22 bps, after rising 90 bps last week.

Stock markets got off to a good start, with Japan's Nikkei
rising 2.3% after an unexpectedly comfortable election victory
for Prime minister Fumio Kishida. European shares
are opening higher and Wall Street futures are pointing north.

Company results are cheerful too, with analysts upping
earnings expectations - among others, Ryanair reported its first
quarterly profit since before COVID-19 and jewellery firm
Pandora lifted sales and profit margin outlook for the year.
There is no shortage of growth headwinds though. After last
week's below-forecast U.S. Q3 GDP, another reminder from China
on Monday, with factory activity shrinking for the second month,
while German retail sales dropped 0.9% year/year versus
forecasts of a 1.8% rise.

Finally an interesting nugget from BofA which points out
that mentions of supply chain issues during Q3 earnings calls
were up 412% year-on-year.

Key developments that should provide more direction to markets
on Monday:
-Biden to tout 'largest investment' in climate in Glasgow
-Asian factories shake off lockdown blues, now face supply
headaches
- China knocked oil prices lower with forecast it would release
gasoline and diesel reserves
- Britain warned France on Monday to back down in a fish row
-International Energy Forum conference starts – 2 days

(Sujata Rao)

EUROPE IN THE BLACK (0732 GMT)

European equities are set to open higher as the bond market
seems to stabilize, while U.S. stocks continued to show a
bullish trend.

With much of Europe on holiday today and ahead of central
bank policy meetings in the U.S., UK, and Australia this week,
risk sentiment is under check.

Weak Chinese economic data weighed on Asian markets while
Japanese stocks surged after the outcome of the elections
triggered expectations of more fiscal stimulus.

In late trade on Friday, Wall Street shook off early
declines to close higher despite the drop of Apple and Amazon
shares after results.

(Stefano Rebaudo)

*****

More News
9 Feb 2024 07:03

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.

Read more
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

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
22 Jan 2024 17:14

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

Kindred jumps on takeover bid from FDJ

*

Read more
22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

*

Read more
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.

Read more
19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

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

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
18 Jan 2024 09:26

Sainsbury's to gradually withdraw from banking

LONDON, Jan 18 (Reuters) - British supermarket Sainsbury's said on Thursday it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its core retail operations.

Read more
17 Jan 2024 18:39

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

DAVOS, Jan 17 (Reuters) - Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

Read more
16 Jan 2024 12:51

Ex-Barclays duo agree Panmure and Liberum investment bank merger

Jan 16 (Reuters) - Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain's largest independent investment bank amid an extended dealmaking slump.

Read more

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