REMINDER: Our user survey closes on Friday, please submit your responses here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 210.35
Bid: 209.85
Ask: 209.95
Change: 8.00 (3.95%)
Spread: 0.10 (0.048%)
Open: 204.25
High: 210.65
Low: 204.10
Prev. Close: 202.35
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Footsie drops to intraday low on weak macro data

Fri, 13th Apr 2012 16:36

- Macro data scares away bulls- Financials drag blue-chip index lower - Footsie down 1.3 per cent on the weekThe Footsie finished Friday's session close to its worst levels of the day as investors fretted about the global economic outlook; data from China and the US came in worse-than-expected and rising bond yields in the Eurozone were weighing on sentiment.The index closed down 72 points, or -1.3%, on the week at 5,652, compared with last Thursday's close (Friday was a Bank Holiday) of 5,724.According to analyst Craig Erlam from Alpari: "Following such a positive first quarter, it's been a week to forget in the US this week as the recovery was dealt a few blows on the economic data front as non-farm payroll figures came in at 120,000, the lowest in 5 months, jobless claims were up and consumer sentiment was lower than expected. This morning's disappointing Q1 GDP data from China has also left investors concerned about the recovery."Gross domestic product (GDP) growth in China slowed to an annual rate of 8.1% in the first quarter of 2012, according to the National Bureau of Statistics, down from the 8.9% expansion seen in the fourth quarter of last year and worse than the +8.4% estimate.Rumours of a Spanish bailout (although denied by the ECB) worried the markets today and, together with news that gross borrowing by Spanish banks from the ECB nearly doubled in March, saw the yield on a Spanish 10-year bond jump 15.6 basis points to 5.976%. "Despite all the efforts of the new Spanish government, sentiment may not change unless fiscal execution and economic activity fall into line with government targets," said Barclays Capital in its Global Economics Weekly report.Meanwhile, US indices opened sharply lower on Wall Street on the back of the Thomson Reuters/University of Michigan consumer sentiment index which fell from 76.2 to 75.7 this month. Economists were looking for a flat reading. In domestic news, the UK output price index slowed to an annual increase of 3.6% last month, compared with 4.1% the month before. The last time the annual rate was lower was in January 2010 (3.5%). Input prices eased but less than economists were expecting due to higher oil prices.FTSE 100: Financials sink, mining stocks pare gainsJust a handful of blue-chip stocks closed in positive territory as earlier gains for the mining sector were erased. Steel producer Evraz held on to its position at the top of the leaderboard though, finishing up 2%, closely followed by Polymetal.After initially rising, Xstrata and Glencore finished down after they admitted this morning that their planned tie-up may take a little longer than expected, as they continue discussions with regulatory authorities which require anti-trust filings to be submitted. Leading the downside were the financials on the back of the gloomy outlook for the global economy - Man Group, Barclays, RBS, Lloyds and Hargreaves Lansdown all finished at least 3% lower. Business software group Sage was the heavy faller early on after Jefferies downgraded its rating on the stock from buy to hold. "In the absence of any pronounced end-market recovery, we are tempering our group growth assumptions for FY12E, with a modestly improved EBIT margin expectation," the broker said. FTSE 250: Avocet falls after Inata update Burkina Faso-focused gold miner Avocet Mining fell after saying it may have to construct a new process plant at its Inata project, rather than just extend the existing plant, in order to provide more processing flexibility. ??Oil and gas group Premier Oil was in the red on the back of news that the company is to plug and abandon the Biawak Besar-1x exploration well in Indonesia. FTSE 100 - RisersEvraz (EVR) 365.50p +2.27%Polymetal International (POLY) 967.50p +0.83%Morrison (Wm) Supermarkets (MRW) 292.60p +0.41%Shire Plc (SHP) 1,959.00p +0.36%International Power (IPR) 403.90p +0.27%SABMiller (SAB) 2,540.00p +0.08%SSE (SSE) 1,340.00p +0.07%FTSE 100 - FallersMan Group (EMG) 110.00p -4.68%Barclays (BARC) 214.90p -3.83%Lloyds Banking Group (LLOY) 30.75p -3.63%Royal Bank of Scotland Group (RBS) 25.05p -3.51%Hargreaves Lansdown (HL.) 460.10p -3.20%Admiral Group (ADM) 1,183.00p -2.79%Eurasian Natural Resources Corp. (ENRC) 570.00p -2.65%Sage Group (SGE) 287.70p -2.64%Johnson Matthey (JMAT) 2,299.00p -2.54%IMI (IMI) 927.00p -2.52%FTSE 250 - RisersElementis (ELM) 204.80p +5.62%Cable & Wireless Worldwide (CW.) 37.20p +4.91%Oxford Instruments (OXIG) 1,197.00p +2.66%Ferrexpo (FXPO) 294.60p +2.40%Moneysupermarket.com Group (MONY) 128.70p +2.14%International Personal Finance (IPF) 254.80p +2.08%Salamander Energy (SMDR) 240.00p +1.91%Telecity Group (TCY) 776.50p +1.90%Ruspetro (RPO) 198.00p +1.80%Diploma (DPLM) 432.80p +1.69%FTSE 250 - FallersAvocet Mining (AVM) 162.80p -6.17%Kesa Electricals (KESA) 61.95p -4.91%Ashtead Group (AHT) 239.40p -4.39%Fenner (FENR) 427.10p -3.81%Close Brothers Group (CBG) 734.00p -3.80%Cape (CIU) 371.80p -3.73%Berkeley Group Holdings (The) (BKG) 1,300.00p -3.56%Tullett Prebon (TLPR) 340.00p -3.46%Petropavlovsk (POG) 506.50p -3.43%Logica (LOG) 80.85p -3.29%BC
More News
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
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

Read more
16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

Read more
15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

LONDON, Jan 15 (Reuters) - Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.