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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: 184.64
Bid: 184.62
Ask: 184.64
Change: 3.12 (1.72%)
Spread: 0.02 (0.011%)
Open: 183.32
High: 184.66
Low: 182.82
Prev. Close: 181.52
BARC Live PriceLast checked at -

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London close: Footsie shrugs off Burberry fall to finish flat

Tue, 11th Sep 2012 16:34

- Burberry sinks 21 per cent after profit warning- Markets flat ahead of 'event-risks'- Moody's says US rating at riskFollowing a morning slump, the FTSE 100 rallied in afternoon trade to finish broadly flat on Tuesday as a strong showing by banks managed to offset a heavy fall from Burberry.The German Constitutional Court said this morning that it will definitely provide its ruling on the European Stability Mechanism (ESM) and Fiscal Compact tomorrow. "European financial markets staged a mild recovery in the latter half of today's session, with traders hopeful the German constitutional court will rule in favour of the ESM tomorrow and not delay the vote, as previously feared," said market strategist Ishaq Siddiqi."The ESM is expected to get a 'yes' vote, however it should be noted that any passage by Germany may mean tough conditions for Eurozone countries who need the ESM in order to limit Germany's future liabilities."Siddiqi also highlighted several other "event-risks" over the next day or two, including debt auctions in Italy and elections in the Netherlands. However, the biggest event of all will undoubtedly be the upcoming Federal Open Market Committee (FOMC) two-day meeting in the US which begins tomorrow. Sluggish labour figures on Friday have increased hopes that the Fed may move to ease monetary policy further when the meeting concludes on Thursday. Analyst Signe Roed-Frederiksen from Danske Bank was quoted as saying today: "We expect the Fed's new purchase programme to be more gradual and conditional...It is likely to involve mortgage-backed securities, possibly combined with more treasury buying."However, ratings agency Moody's warned US politicians today that if they don't agree a way to bring down federal spending it will cut the country's prized 'AAA' rating. Back home, in his appointment hearing before the House of Commons Treasury Committee new BoE monetary policy committee appointee Ian McCafferty indicated that for him recent low readings on labour productivity are cyclical rather than structural. For economists at Barclays that implies that low productivity should not be an impediment to further monetary loosening as the inflationary consequences of stronger demand should be minimal. FTSE 100: Burberry drops a fifth after gloomy update Shares in Burberry were down around 21% after the iconic British fashion house said profits would be at the lower end of expectations this year. The firm is now taking steps to cut costs and maintain short-term profitability. While most brokers today reiterated their positive longer-term stances on the business today, they chose to downgrade their ratings on the stock, citing limited near-term visibility. Nomura, Seymour Pierce and Investec all cut their 'buy' recommendations for the shares today to adopt a more cautious view. Royal Bank of Scotland was benefiting from some upbeat comments from JP Morgan Cazenove today, which prefers the lender to sector peer Lloyds in spite of retaining its 'neutral' rating on the shares. "Although we are not negative on Lloyds, we believe that RBS now offers better value," said analyst Raul Sinha. Barclays was also performing well.Fund manager Ashmore fell after full-year pre-tax profits and assets under management took a small dip in the year to June 30th. Tullow Oil dropped after saying that attempts to find more gas at its Mbawa-1 exploration well in Kenya had met with failure. The explorer previously announced drilling at the offshore well had encountered 52 metres of net gas pay in the primary target. However, an attempt to find deeper pockets of hydrocarbons had come to nothing after drilling reached a total depth of 3,151 metres. Mining stocks were weighing heavily on the blue-chip index today with Fresnillo, Anglo American and Vedanta Resources in the red. Vedanta fell after saying that subsidiary Sesa Goa has suspended all mining operations today after Indian state Goa temporarily stopped all iron ore mining activities after a scam was uncovered. FTSE 250: IG leads risers after Q1 updateSpread betting firm IG Group rose strongly after first-quarter revenues came in line with expectations, though they were still 18% down year-on-year due to a tough comparative. Oxford Instruments, the high-tech tools and systems provider, was lower after it reported order intake from its research markets remains good, but there has been some softness in its industrial markets. FTSE 100 - RisersRoyal Bank of Scotland Group (RBS) 264.70p +4.62%International Consolidated Airlines Group SA (CDI) (IAG) 154.80p +3.27%Barclays (BARC) 213.50p +2.77%British American Tobacco (BATS) 3,182.00p +1.84%BP (BP.) 443.00p +1.19%RSA Insurance Group (RSA) 116.80p +0.95%Imperial Tobacco Group (IMT) 2,271.00p +0.93%Amec (AMEC) 1,134.00p +0.89%SABMiller (SAB) 2,720.00p +0.74%GlaxoSmithKline (GSK) 1,425.00p +0.67%FTSE 100 - FallersBurberry Group (BRBY) 1,088.00p -20.87%Kingfisher (KGF) 272.30p -3.34%Fresnillo (FRES) 1,707.00p -2.79%Ashmore Group (ASHM) 331.00p -2.56%Vedanta Resources (VED) 978.50p -2.44%Anglo American (AAL) 1,955.00p -2.32%Intertek Group (ITRK) 2,792.00p -2.10%Tullow Oil (TLW) 1,357.00p -2.09%Capita (CPI) 734.50p -2.07%Schroders (SDR) 1,482.00p -2.05%FTSE 250 - RisersIG Group Holdings (IGG) 461.70p +6.53%Talvivaara Mining Company (TALV) 149.10p +5.22%Dechra Pharmaceuticals (DPH) 579.50p +3.76%Yule Catto & Co (YULC) 172.10p +3.43%Aquarius Platinum Ltd. (AQP) 38.12p +3.11%Ultra Electronics Holdings (ULE) 1,579.00p +2.20%Bumi (BUMI) 287.10p +1.84%Dunelm Group (DNLM) 610.00p +1.75%Hunting (HTG) 878.00p +1.68%Phoenix Group Holdings (DI) (PHNX) 508.00p +1.40%FTSE 250 - FallersRuspetro (RPO) 100.00p -12.82%Hays (HAS) 77.65p -4.43%Oxford Instruments (OXIG) 1,305.00p -4.40%Moneysupermarket.com Group (MONY) 133.00p -4.32%Taylor Wimpey (TW.) 55.75p -3.88%JD Sports Fashion (JD.) 699.50p -3.32%Anite (AIE) 126.30p -2.85%Michael Page International (MPI) 375.70p -2.82%Homeserve (HSV) 231.40p -2.77%Chemring Group (CHG) 321.50p -2.75%BC
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27 Mar 2024 20:59

Barclays executive denies discrimination in employee case

LONDON, March 27 (Reuters) - Barclays' former Global Head of Race at Work has defended her decision not to investigate further an employee complaint alleging racial, religious and sex discrimination at the British bank, an employment tribunal in London heard on Wednesday.

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27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

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27 Mar 2024 13:44

Libor trader Hayes loses appeal against rate-rigging conviction

LONDON, March 27 (Reuters) - Tom Hayes, the first trader in the world to be jailed for interest rate rigging, lost his appeal against his conviction on Wednesday, a decision he said he would seek to challenge at the UK's Supreme Court.

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27 Mar 2024 13:17

UK dividends calendar - next 7 days

Thursday 28 March 
Alliance Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Berkeley Group Holdings PLCdividend payment date
BHP Group Ltddividend payment date
BlackRock Energy & Resources Inc Trust PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
BP PLCdividend payment date
City of London Investment Group PLCdividend payment date
Crown Place VCT PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Gateley Holdings PLCdividend payment date
Genus PLCdividend payment date
Hargreaves Lansdown PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Idox PLCex-dividend payment date
Imperial Brands PLCdividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCdividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
NextEnergy Solar Fund Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCdividend payment date
Personal Group Holdings PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
Quartix Technologies PLCex-dividend payment date
Renewables Infrastructure Group Ltddividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Smith & Nephew PLCex-dividend payment date
Taylor Wimpey PLCex-dividend payment date
Thames Ventures VCT 2 DSO 1 D PLCdividend payment date
Travis Perkins PLCex-dividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vaalco Energy Incdividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Volution Group PLCex-dividend payment date
Wynnstay Group PLCex-dividend payment date
Friday 29 March 
Energean PLCdividend payment date
Fiske PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 1 April 
no events scheduled 
Tuesday 2 April 
Ashmore Group PLCdividend payment date
Braemar PLCdividend payment date
Fair Oaks Income Ltddividend payment date
Fonix Mobile PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
MJ Gleeson PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Shoe Zone PLCspecial dividend payment date
Temple Bar Investment Trust PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Warehouse REIT PLCdividend payment date
Wheaton Precious Metals Corpex-dividend payment date
Wednesday 3 April 
Barclays PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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27 Mar 2024 11:45

UK Libor trader Hayes loses appeal against rate-rigging conviction

LONDON, March 27 (Reuters) - Tom Hayes, the first trader jailed worldwide for interest rate rigging, lost his appeal against his conviction in a London court on Wednesday.

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26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

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

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21 Mar 2024 11:45

Citi, Barclays set to trim investment banking headcounts

(Sharecast News) - Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.

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14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

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

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12 Mar 2024 08:42

UPDATE: York consortium sells call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC on Tuesday confirms that BCP York Holdings LP sold call options over around 10 million voting shares in LSEG, having announced plans to do so after the London market close on Monday. The call options were sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters didn't participate in the call option transaction.

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11 Mar 2024 19:21

IN BRIEF: Consortium to sell call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC says BCP York Holdings LP intends to sell call options over around 10 million voting shares in LSEG. Shares to be sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters will not participate in the call option transaction.

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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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