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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: 202.35
Bid: 202.15
Ask: 202.25
Change: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

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London close: Financials drag Footsie lower

Wed, 17th Aug 2011 16:46

Following a steep decline early on, the blue chip index staged a partial recovery on the back of a positive start on Wall Street. Nevertheless, the Footsie still finished in the red, as losses for financial stocks outweighed gains in the mining sector.Meanwhile, it was revealed today that all nine members of the Bank of England (BoE) Monetary Policy Committee (MPC) voted in favour of maintaining the key base rate at 0.5%, according to the minutes of the 3-4 August meeting. The MPC said that economic growth in the UK was projected to remain weak in the near term, "reflecting the continuing squeeze on households' real incomes." Financials were the worst performers of the day, led by insurers Standard Life and Prudential and banks Barclays and RBS. Suggestions that European leaders could resurrect the idea of a financial transaction tax sent shares of financials into a spin. A meeting of Germany's Angela Merkel and France's Nicolas Sarkozy yesterday offered little by way of concrete plans to solve the ongoing Eurozone debt crisis. One prospective solution that did emerge was a tax on financial transactions, something that was rejected by the European Union in 2010.The London Stock Exchange Group also fell into the red.The miners, on the other hand, were the highest risers of the day, led Kazakhmys-focused giant Eurasian Natural Resources Corp (ENRC). ENRC pointed to continued growth in Kazakhstan's neighbour China and the recovery elsewhere as it posted a sharp rise in profits and revenues in the first half.Sector peers Fresnillo, Kazakhmys and Antofagasta were also in demand.Brewing giant SABMiller rose after going hostile with its bid for Foster's, as the Australian brewer's directors showed no interest in discussing a takeover.Educational publisher Pearson fell despite saying that it is to receive a belated cash windfall from the sale of its Government Solutions business back in 2006.Accountancy software firm Sage was out of favour a day after it confirmed that it is considering the potential acquisition of Australian financial software firm MYOB. Peel Hunt said that Sage may be over-paying for a business with weak growth prospects and lowered its target price on the stock.Shares in infrastructure group Balfour Beatty were unwanted after the firm said it expects markets to remain tough in the short term as it posted a meagre rise in underlying pre-tax profits and revenues for the half year to 1 July. Underlying pre-tax profits rose to £138m from £133m, while revenues edged up to £5.222bn from £5.16bn. BCFTSE 100 - RisersFresnillo (FRES) 1,966.00p +5.64%Eurasian Natural Resources Corp. (ENRC) 655.00p +3.72%Antofagasta (ANTO) 1,262.00p +2.77%GKN (GKN) 202.50p +2.07%Unilever (ULVR) 2,072.00p +1.82%Associated British Foods (ABF) 1,038.00p +1.57%Smith & Nephew (SN.) 571.50p +1.51%Kazakhmys (KAZ) 1,044.00p +1.46%Weir Group (WEIR) 1,935.00p +1.42%Resolution Ltd. (RSL) 271.60p +1.38%FTSE 100 - FallersStandard Life (SL.) 201.50p -5.13%Barclays (BARC) 173.95p -4.21%IMI (IMI) 832.50p -3.81%Royal Bank of Scotland Group (RBS) 24.75p -3.81%Petrofac Ltd. (PFC) 1,170.00p -3.78%ICAP (IAP) 428.00p -3.71%Hargreaves Lansdown (HL.) 443.30p -3.21%3i Group (III) 221.10p -2.81%Pearson (PSON) 1,072.00p -2.46%Prudential (PRU) 621.00p -2.44%
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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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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

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5 Dec 2023 07:48

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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