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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: 217.55
Bid: 217.40
Ask: 217.45
Change: 0.80 (0.37%)
Spread: 0.05 (0.023%)
Open: 215.35
High: 217.65
Low: 213.60
Prev. Close: 216.75
BARC Live PriceLast checked at -

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London close: 'Fiscal cliff' concerns keep markets under pressure

Thu, 13th Dec 2012 16:45

- Boehner says White House not serious about 'cliff'- Stocks shrug off Fed stimulus- Centamin plummets after mine suspensionStocks markets across Europe took a breather on Thursday, following a strong performance over the last month, as investors digested stimulus plans by the Federal Reserve and ongoing developments in the Eurozone.The Footsie finished the day slightly lower, pulling back after setting a new nine-month high at 5,946 on Wednesday (the last time the index closed higher was on March 19th at 5,961).Market analyst Michael Hewson from CMC Markets said today that a "trifecta of positive factors" managed to underwhelm the market this afternoon:"Three news items that ordinarily would have given markets a significant boost appear to have done anything but today, despite the Fed acting as expected by announcing a new round of asset purchases to the tune of $45bn, and EU leaders agreeing a framework towards a banking union inside their self-imposed deadline of year end, while Greece finally had its long awaited aid tranche finally approved by EU leaders," Hewson said.The Footsie staged a slight rally in afternoon trade following some better-than-expected jobless claims data Stateside. However, as he often has done in the past few weeks, House Speaker John Boehner dampened market sentiment before the close after attacking the Obama administration, saying that the White House is not serious about cutting spending to avert the 'fiscal cliff'."Unfortunately, the White House is so unserious about cutting spending that it appears willing to slow-walk our economy right up to - and over - the fiscal cliff," Boehner said in a press conference this afternoon.FTSE 100: Wood Group falls after mixed update Energy services giant Wood Group has said that it expects to deliver good growth this year, with overall conditions in energy markets remaining 'favourable'. However, shares were down over 4% in afternoon trade after the company reported mixed conditions in its Engineering and GTS divisions. Credit Suisse said that it has cut its Wood Group forecasts for 2013 and expects consensus forecasts to come down also, largely on softer profits from its GTS division. The broker maintained its 'neutral' rating and 925p target price for the stock. Canaccord Genuity also provided some additional downward pressure after reducing its target price for the stock today from 920p to 900p, retaining its 'hold' recommendation. AstraZeneca fell after revealing that its experimental drug for rheumatoid arthritis gave a disappointing performance during tests. The drug had been widely expected to perform some kind of wonder treatment. Burberry was lower on reports that it is planning to review its global media planning and buying account. A decline in Evraz shares appears to be linked to reports that the company has split its iron ore and coal mining divisions. The shares are also settling following decent gains the previous day. Meanwhile, Tullow Oil was recovering one day after Credit Suisse downgraded the stock from 'outperform' to 'neutral', saying that it may take some time for investor confidence to return. Barclays got a boost after Deutsche Bank raised its target price from 300p to 360p and maintained its buy recommendation. The rise comes amid reports claiming that the group is planning to cut 2,000 jobs, according to sources close to the group.FTSE 250: Centamin plunges on mine suspension Egypt-focused gold mining company Centamin saw shares tumble early on after saying that it has suspended operations at its Sukari mine due to issues with fuel suppliers and delays with gold exports. Canaccord Genuity downgraded the stock to 'hold' this morning and slashed its target price from 110p to 40p. Centamin said that it has received an "illegal" $65m retrospective claim from a local fuel company, which is now refusing to supply more fuel to Sukari until the claim is paid. In addition, the firm also announced that its process of gold exports has been hit by delays due to "an unforeseen and arbitrary request from customs officials" for the prior approval from authorities. High Street retailer Sports Direct fell despite delivering significant growth across the board in the first with with revenue up 22.5%. Bus and train group National Express gained after saying it is on target to deliver full-year results in line with company expectations despite challenging conditions. SuperGroup, the owner of clothing retail brand SuperDry, continued to rise one day after it posted a 16.2% rise in revenue for the first half of 2012 covering the 26 weeks to October 28th, according to its interim results published on Wednesday morning.FTSE 100 - RisersTullow Oil (TLW) 1,216.00p +2.88%United Utilities Group (UU.) 701.00p +1.67%Aviva (AV.) 372.80p +1.61%Shire Plc (SHP) 1,956.00p +1.09%BT Group (BT.A) 237.40p +1.06%Rio Tinto (RIO) 3,338.50p +0.83%Hammerson (HMSO) 485.90p +0.77%Admiral Group (ADM) 1,153.00p +0.61%Capita (CPI) 758.50p +0.60%Standard Chartered (STAN) 1,501.00p +0.60%FTSE 100 - FallersWood Group (John) (WG.) 733.50p -4.55%AstraZeneca (AZN) 2,958.50p -2.76%Burberry Group (BRBY) 1,262.00p -2.62%Experian (EXPN) 999.00p -2.25%Amec (AMEC) 1,020.00p -2.21%Randgold Resources Ltd. (RRS) 6,220.00p -1.97%Kazakhmys (KAZ) 744.00p -1.78%Evraz (EVR) 259.10p -1.74%BG Group (BG.) 1,047.00p -1.69%Weir Group (WEIR) 1,836.00p -1.56%FTSE 250 - RisersSupergroup (SGP) 593.50p +6.55%Ruspetro (RPO) 88.30p +5.12%Man Group (EMG) 81.10p +4.51%National Express Group (NEX) 187.90p +4.27%Tullett Prebon (TLPR) 241.50p +3.12%Homeserve (HSV) 236.80p +2.73%Michael Page International (MPI) 386.90p +2.49%Savills (SVS) 460.00p +2.36%Intermediate Capital Group (ICP) 314.20p +2.21%Dunelm Group (DNLM) 650.50p +2.12%FTSE 250 - FallersCentamin (DI) (CEY) 27.70p -47.44%Sports Direct International (SPD) 386.20p -5.64%Dechra Pharmaceuticals (DPH) 601.50p -5.42%New World Resources A Shares (NWR) 263.60p -4.84%Imagination Technologies Group (IMG) 408.00p -4.00%Kenmare Resources (KMR) 30.05p -3.59%Heritage Oil (HOIL) 177.30p -2.64%Restaurant Group (RTN) 376.60p -2.54%Perform Group (PER) 350.00p -2.51%Petropavlovsk (POG) 332.00p -2.47%BC
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1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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1 Mar 2024 10:08

IN BRIEF: AB Foods appoints Barclays to run GBP250 million buyback

Associated British Foods PLC - London-based food and ingredient company and owner of fast-fashion retailer Primark - Enters agreement with Barclays Capital Securities Ltd to run the second tranche of AB Food's GBP500 million share buyback programme. The second tranche will be for up to GBP250 million and commence following the completion of the first tranche of the programme, expected before May 1. The first tranche, conducted by UBS Group AG, commenced on November 14. All shares repurchased will be cancelled.

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29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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27 Feb 2024 16:08

Barclays to sell $1.1bn of card debt to Blackstone - report

(Sharecast News) - Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.

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27 Feb 2024 11:33

IN BRIEF: Faruqui of Barclays named new Takeover Panel head

Barclays PLC - London-based bank - Omar Faruqui, "one of Barclays' most experienced advisory practitioners," is named as next director general of the UK's Takeover Panel, effective from May 1. Faruqui is Barclays' co-head of Europe, Middle East & Africa Mergers & Acquisitions; co-head of UK Advisory; and on the management team of EMEA Investment Banking. After taking up the director general post, he will be on a two-year secondment from Barclays.

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27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

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

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26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

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22 Feb 2024 14:23

UK dividends calendar - next 7 days

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21 Feb 2024 11:17

LONDON BROKER RATINGS: Unilever and Aviva both raised to 'buy'

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

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21 Feb 2024 09:36

Berenberg raises target price on Barclays

(Sharecast News) - Analysts at Berenberg raised their target price on banking giant Barclays from 240.0p to 270.0p on Wednesday, stating the stock's current level of returns remains "chronically undervalued".

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21 Feb 2024 08:59

IN BRIEF: Barclays begins GBP1.00 billion share buyback programme

Barclays PLC - London-based banking group - Commences share buyback programme for up to GBP1.00 billion. The buyback will run until November 20, and is intended to reduce the share capital of the company, Barclays says. The maximum number of ordinary shares that may be repurchased under the programme is 1.09 billion.

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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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20 Feb 2024 15:29

London close: Stocks finish lower on fresh China concerns

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

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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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