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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: 205.10
Bid: 205.10
Ask: 205.15
Change: -2.95 (-1.42%)
Spread: 0.05 (0.024%)
Open: 208.05
High: 208.90
Low: 202.90
Prev. Close: 208.05
BARC Live PriceLast checked at -

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London close: Footsie finishes week strongly, Man Group soars

Fri, 27th Apr 2012 16:22

- Footsie finishes up five points on the week- Stocks rise despite US GDP data, Spanish downgrade- Man Group jumped 14% after upgradeFollowing a steep sell-off on Monday, a four-day rise for blue-chip stocks saw the FTSE 100 finish slightly above levels seen last week with financials leading the way higher on Friday. Investors seemed to shrug off worse-than-expected economic growth in the US, a downgrade for Spain and some gloomy confidence data here in the UK with the benchmark finishing firmly in the blue.The rate of US real gross domestic product (GDP) growth was worse than expected in the first quarter of 2012. The US economy expanded at an annual rate of 2.2% in the first three months of the year compared with the fourth quarter of 2011, when GDP grew by 3%, according to a preliminary estimate from the Bureau of Economic Analysis (BEA). The figure falls short of the 2.5% expected by the market consensus. Meanwhile, Standard and Poor's downgraded Spain's credit rating from A to BBB+, saying that it now feels that the country's budget trajectory will likely deteriorate against a background of economic contraction and considers that its government will probably need to provide further support to the banking sector. In domestic news, the GfK UK consumer confidence index for the month of April has come in at -31 points, unchanged on the previous month. The consensus estimate was for a slight improvement to -30. FTSE 100: Man Group soars, Barclays also provides a liftShares in hedge fund manager Man Group surged by 14% today after Societe Generale upgraded its rating on the stock from hold to buy. Earlier this week Swiss bank UBS suggested the hedge fund operator could be a takeover target as its shares have more than halved over the last year, and are down by a quarter over the last month alone. Barclays was making solid gains after this morning's annual general meeting (AGM) which focused on the highly contentious issue of executive remuneration. Royal Bank of Scotland also finished the day firmly higher, while Lloyds was lower.Building group CRH and real estate investment trust British Land were being helped higher by a ratings upgrade, this time from JP Morgan Cazenove which lifted its recommendation on both stocks to overweight. Pharmaceutical group Shire was among the worst performers today, pulling back of yesterday's well-received first-quarter results.Media giant WPP rose after saying that it is reviewing its full-year forecasts after an impressive start to 2012 with like-for-like revenue growth coming in ahead of expectations in the first quarter. Publishing giant Pearson advanced after an in-line first quarter statement. The company said it continues to expect growth in sales and operating profits this year. FTSE 250: CSR jumps over a tenthWireless technology and computer chip company CSR jumped by nearly 11% on the back of renewed takeover speculation. Market rumours were suggesting a £600m bid offer.Talvivaara, the Finland focused nickel and zinc miner, also rose strongly after electing its former CEO, Pekka Pera, as Chairman of the board.Business communications group Colt rose after revenue rose 5.2% in the first quarter with the company experiencing growth across all major product categories. FTSE 100 - RisersMan Group (EMG) 107.00p +14.13%Barclays (BARC) 223.10p +4.74%CRH (CRH) 1,268.00p +3.93%ICAP (IAP) 382.90p +3.77%Evraz (EVR) 376.30p +3.35%Royal Bank of Scotland Group (RBS) 24.35p +3.27%Hargreaves Lansdown (HL.) 526.50p +3.24%British Land Co (BLND) 497.00p +2.83%Schroders (Non-Voting) (SDRC) 1,148.00p +2.68%Smiths Group (SMIN) 1,078.00p +2.57%FTSE 100 - FallersPolymetal International (POLY) 894.00p -2.30%BT Group (BT.A) 212.90p -1.48%Shire Plc (SHP) 2,013.00p -1.32%Unilever (ULVR) 2,109.00p -1.22%Lloyds Banking Group (LLOY) 31.19p -0.91%Tullow Oil (TLW) 1,540.00p -0.90%Associated British Foods (ABF) 1,223.00p -0.73%Whitbread (WTB) 1,907.00p -0.73%Morrison (Wm) Supermarkets (MRW) 283.20p -0.67%Vodafone Group (VOD) 171.10p -0.58%FTSE 250 - RisersCSR (CSR) 232.80p +10.54%Talvivaara Mining Company (TALV) 188.50p +7.10%Genus (GNS) 1,439.00p +6.99%Ocado Group (OCDO) 130.00p +6.73%Bodycote (BOY) 437.10p +5.30%Invensys (ISYS) 211.50p +5.28%Bwin.party Digital Entertainment (BPTY) 158.00p +4.64%De La Rue (DLAR) 984.50p +4.62%Aquarius Platinum Ltd. (AQP) 144.90p +4.39%JD Sports Fashion (JD.) 807.50p +4.19%FTSE 250 - FallersKesa Electricals (KESA) 53.75p -4.95%Rank Group (RNK) 119.00p -3.49%Petra Diamonds Ltd.(DI) (PDL) 156.80p -2.06%Telecity Group (TCY) 798.00p -1.85%Cobham (COB) 229.80p -1.63%AG Barr (BAG) 1,169.00p -1.52%Ruspetro (RPO) 197.00p -1.50%Oxford Instruments (OXIG) 1,230.00p -1.44%Ophir Energy (OPHR) 578.00p -1.37%TalkTalk Telecom Group (TALK) 128.80p -1.30%BC
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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.

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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.

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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.

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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:

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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.

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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.

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11 Jan 2024 17:03

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

U.S. inflation data sparks selloff

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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.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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10 Jan 2024 17:07

European shares end lower, with miners and travel stocks leading losses

Norway's Dec core inflation lower than expected

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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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