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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: 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 -

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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
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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

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(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

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5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

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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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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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