Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 207.55
Bid: 207.50
Ask: 207.60
Change: 2.70 (1.32%)
Spread: 0.10 (0.048%)
Open: 204.95
High: 208.30
Low: 204.55
Prev. Close: 204.85
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: FTSE gains on financials as US consumer inflation surprises

Wed, 15th Feb 2017 17:15

(ShareCast News) - London stocks ended Wednesday higher as investors considered news that UK's jobless rate held steady at end-2016, with forecast-busting US inflation numbers helping boost global markets led north by financials.The FTSE 100 ended the session up 0.47% or 33.85 points at 7,302.41, sitting just below its record closing high. The FTSE 250 closed up 0.21% at 18,827.05, yet another all-time closing high.FTSE 350 indices for banks, life insurance, construction & materials, pharmaceuticals & biotechnology and fixed-line telecommunications were prominent risers, all up more than 1%."Another day in the green for the FTSE, as the global equity boom continues to push onwards irrespective of anything coming from the economic calendar," said IG market analyst Josh Mahony."It has been a busy day which has seen UK inflation, alongside US inflation and retail sales do little to stand in the way of this stock market rally train," Mahony added in a statement.Office for National Statistics said while the UK's headline jobless rate held at 4.8%, as expected, the country's wage growth surprisingly slowed in December as the labour market slightly improved.Spreadex's Connor Campbell said the overall mixed nature of the jobs report meant the morning's trading trends were not significantly disrupted.This afternoon, the US consumer-price index (CPI) sped past forecasts in January, with a key measure of 'core' inflation coming in significantly ahead of market views.This after US Federal Reserve chair Janet Yellen on Tuesday issued a surprisingly hawkish tone in testimony before a Senate committee. The market has interpreted Yellen's words as indicative of a possible US rate hike in March, although that was by no means a certainty.Wall St thus plotted a positive course in early deals, while this side of the Atlantic the Euro Stoxx 50, DAX and CAC 40 all enjoyed moderate gains."The best performing (European) sector has been banks and financials which are leading the gainers on the back of yesterday's hawkish interpretation of Fed Chief Janet Yellen's comments," said Michael Hewson, chief market analyst at CMC Markets UK.In the UK, this translated to lenders Standard Chartered, Royal Bank of Scotland, Barclays, Lloyds and HSBC all rising 1% or more, with insurers Old Mutual, Legal & General and Prudential similarly ahead.London Capital Group senior market analyst Jasper Lawler noted a similar theme to Hewson, and said that Brexit fears had so far been proven unfounded, noting that Europe faced its own election risk."The UK-focused FTSE 250 has been one of biggest beneficiaries," Lawler added in a statement.He believed UK PM Theresa May's "transparent" approach to Brexit had seen the pound stabilise and investors rotate out of multinational shares and back into more UK-focused companies.Market MoversFTSE 100 (UKX) 7,302.41 0.47%FTSE 250 (MCX) 18,827.20 0.21%techMARK (TASX) 3,357.67 0.45%FTSE 100 - RisersAshtead Group (AHT) 1,708.00p 2.52%Standard Chartered (STAN) 817.90p 2.39%Royal Bank of Scotland Group (RBS) 246.00p 2.07%BHP Billiton (BLT) 1,420.00p 2.01%Barclays (BARC) 239.25p 1.70%Lloyds Banking Group (LLOY) 67.47p 1.47%Old Mutual (OML) 216.80p 1.45%Intertek Group (ITRK) 3,534.00p 1.35%BT Group (BT.A) 309.70p 1.29%AstraZeneca (AZN) 4,684.00p 1.25%FTSE 100 - FallersTUI AG Reg Shs (DI) (TUI) 1,130.00p -7.22%Capita (CPI) 507.50p -3.70%Next (NXT) 3,847.00p -2.68%Dixons Carphone (DC.) 304.80p -2.62%Marks & Spencer Group (MKS) 330.60p -1.75%Antofagasta (ANTO) 866.00p -1.48%Paddy Power Betfair (PPB) 8,430.00p -1.40%Informa (INF) 656.00p -1.06%Rolls-Royce Holdings (RR.) 704.50p -0.84%Micro Focus International (MCRO) 2,200.00p -0.81%FTSE 250 - RisersAcacia Mining (ACA) 519.50p 3.49%OneSavings Bank (OSB) 364.50p 3.23%Senior (SNR) 197.50p 3.08%Hunting (HTG) 587.00p 2.98%Millennium & Copthorne Hotels (MLC) 433.20p 2.74%NewRiver REIT (NRR) 331.70p 2.66%Ibstock (IBST) 195.90p 2.62%Entertainment One Limited (ETO) 252.00p 2.44%Elementis (ELM) 309.80p 2.38%BGEO Group (BGEO) 3,157.00p 2.23%FTSE 250 - FallersLadbrokes Coral Group (LCL) 121.80p -3.18%William Hill (WMH) 264.30p -2.83%Carillion (CLLN) 218.00p -2.29%Aberdeen Asset Management (ADN) 262.40p -2.20%Tullow Oil (TLW) 268.10p -2.19%B&M European Value Retail S.A. (DI) (BME) 296.20p -2.02%Ferrexpo (FXPO) 172.90p -1.54%Pets at Home Group (PETS) 181.40p -1.52%Lancashire Holdings Limited (LRE) 680.00p -1.45%RPC Group (RPC) 922.50p -1.44%
More News
31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Read more
28 Jul 2023 12:14

Berenberg stays at 'buy' on Barclays, trims target price

(Sharecast News) - Analysts at Berenberg stood by their 'buy' recommendation on shares of Barclays.

Read more
28 Jul 2023 11:56

IN BRIEF: Tekmar agrees banking facilities renewals; trading in line

Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Agrees a renewal of its existing banking facilities with Barclays Bank PLC, part of Barclays PLC. Says the trade loan facility is extended until June 15, 2024, maintaining a facility of up to GBP4 million which can be drawn against supplier payments. Also says GBP3 million term loan facility under UK government's coronavirus business interruption loan scheme is extended by a further 12 months until October 31, 2024.

Read more
28 Jul 2023 10:49

BPEA EQT completes $6.5 bln merger of Vistra and Tricor

Combined business has over 9,000 staff

*

Read more
28 Jul 2023 09:46

LONDON BROKER RATINGS: KBW cuts Aviva 'market perform'

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

Read more
27 Jul 2023 17:30

UK stocks rise on media stocks boost, global rate pause hopes

Energy shares fall on drop on Shell Q2 profits

*

Read more
27 Jul 2023 17:03

Euro zone blue-chip shares at 15-year high as ECB fans rate pause hopes

ECB raises rates by 25 bps to 23-year high

*

Read more
27 Jul 2023 16:58

LONDON MARKET CLOSE: European stocks surge as ECB puts pause on table

(Alliance News) - London's FTSE 100 ended higher on Thursday, while the euro plunged as a rate hike pause has entered into thinking of the European Central Bank.

Read more
27 Jul 2023 09:35

TOP NEWS: Barclays "very confident" for 2023 after strong first half

(Alliance News) - Barclays PLC on Thursday said it showed "stability and strength" in the recent half year with higher return on equity and an increased dividend, and it confirmed positive guidance for all of 2023.

Read more
27 Jul 2023 09:16

Barclays signals profit squeeze as customers take action

LONDON, July 27 (Reuters) - Barclays warned of growing pressure on its UK business as stubborn inflation and high interest rates pushed customers to repay debt and switch into savings, squeezing the bank's margins and hurting its shares despite a fresh share buyback.

Read more
27 Jul 2023 08:52

LONDON MARKET OPEN: Stocks up as investors weigh mixed company results

(Alliance News) - Stock prices in London opened in the green on Thursday, as investors digested the latest swathe of corporate earnings, as well as Wednesday's interest rate announcement from the Federal Reserve.

Read more
27 Jul 2023 07:53

LONDON BRIEFING: Stocks to rise; Frasers, Centrica post strong results

(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle.

Read more
27 Jul 2023 07:02

Barclays H1 profits surge to £4.5bn but bad loan charges rise

(Sharecast News) - Barclays became the second bank to post surging profits on the back of higher interest rates and lift its provisions for bad loans.

Read more
27 Jul 2023 06:00

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

Read more
26 Jul 2023 13:53

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

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.