The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 214.45
Bid: 214.45
Ask: 214.50
Change: 0.50 (0.23%)
Spread: 0.05 (0.023%)
Open: 213.95
High: 216.15
Low: 213.55
Prev. Close: 213.95
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: Global growth concerns weigh on stocks

Mon, 16th Jul 2012 16:39

- China's Wen dampens sentiment- IMF cuts global growth forecast- G4S, Tullow, Sage and Barclays lead the fallersThe FTSE 100 finished flat on Monday as a late burst of buying helped the benchmark index recover some of its earlier losses on the back of concerns over the global economic outlook.After China registered its sixth straight quarterly slowdown in growth last week, Premier Wen Jiabao had some worrying words about his country's economy: "It should be clearly understood that the momentum for a stable rebound in the economy has not yet been established," he warned according to a report from the state-run Xinhua news agency. Meanwhile, the European Central Bank (ECB) is reportedly supporting the idea of imposing losses on senior bond holders to share the burden of the Spanish bank rescue. According to The Wall Street Journal, ECB President Mario Draghi is now arguing for senior creditors to be held accountable when a bank is pushed into liquidation. US stocks slipped after the opening bell in New York after retail sales fell by 0.5% in June, compared with the consensus forecast of a 0.2% increase. Meanwhile, the US Federal Reserve and its Chairman Ben Bernanke will be in the spotlight again this week ahead of the semi-annual monetary policy report on Tuesday and Wednesday.Meanwhile, the International Monetary Fund (IMF) has slashed its global growth forecast for 2012 from 3.6% to 3.5% and its 2013 estimate from 4.1% to 3.9%.FTSE 100: G4S steals the headlines after Olympics troubleSecurity solutions firm G4S tumbled from the off after saying that it will incur a loss on its Olympics Games contract of £35-50m after failing to provide the number of staff for the event that it had committed to. The stock was being pressured down further by downgrades by both UBS and Jefferies this morning. Mining peers Polymetal, Randgold, Kazakhmys and Vedanta and luxury brand Burberry were heavy fallers on the back of worries over the Chinese economy.Tullow fell in the afternoon after revealing that it has plugged and abandoned a well in Guyana due to safety concerns. Accountancy software leviathan Sage said it was still waiting for the looked-for pick-up in Europe to happen. While the group assured that it has been trading broadly in line with expectations since the end of March, that didn't stop shares falling over 3% today. UK banking group Barclays was suffering as the meeting between the Treasury Select Committee and the lender's former Chief Operating Officer Jerry del Missier, one of the men at the centre of the LIBOR-fixing scandal, kicked off this afternoon.Pharmaceutical group GlaxoSmithKline was in demand after it lifted its offer terms for US peer Human Genome Sciences in order to secure approval from the latter's board. Glaxo is offering $14.25 a share for HGS in a deal which values the US firm at $3.6bn.Oil giant Shell rose late on after saying that it will not go above it 220p-a-share offer for AIM-listed Cove Energy and is not going to take part in the auction procedure, leaving Thai rival PTTEP as the firm favourite to win the takeover.Mid-cap movers Aviation services and newspaper distribution group John Menzies was wanted after announcing that it is to close down its cargo operations at airports in Glasgow, Birmingham, the East Midlands and Manchester. ??Recruitment firm SThree was lower after posting a 16.9% drop in half-year pre-tax profit as it expanded its international network but maintained its dividend payment. ??AIM-listed oil and gas group Borders & Southern plummeted 70% after saying that it has been forced to plug and abandon its Stebbing well after being unable to reach all its potential reservoir targets due to "anomalous pressure conditions". FTSE 100 - RisersResolution Ltd. (RSL) 218.30p +2.78%International Consolidated Airlines Group SA (CDI) (IAG) 160.00p +2.70%United Utilities Group (UU.) 697.00p +1.83%CRH (CRH) 1,212.00p +1.76%Schroders (SDR) 1,336.00p +1.67%Hammerson (HMSO) 464.40p +1.60%SSE (SSE) 1,430.00p +1.56%British Land Co (BLND) 533.50p +1.52%Smiths Group (SMIN) 1,052.00p +1.45%Marks & Spencer Group (MKS) 320.70p +1.36%FTSE 100 - FallersG4S (GFS) 254.60p -8.65%Tullow Oil (TLW) 1,386.00p -3.28%Sage Group (SGE) 276.00p -3.16%Barclays (BARC) 157.70p -2.74%Kazakhmys (KAZ) 727.50p -2.22%Polymetal International (POLY) 858.00p -2.17%Randgold Resources Ltd. (RRS) 5,805.00p -2.03%Vedanta Resources (VED) 897.50p -1.86%Burberry Group (BRBY) 1,207.00p -1.79%National Grid (NG.) 682.50p -1.52%FTSE 250 - RisersFirstGroup (FGP) 200.00p +5.43%Salamander Energy (SMDR) 188.60p +5.30%Phoenix Group Holdings (DI) (PHNX) 510.00p +3.53%Regus (RGU) 85.20p +3.09%Beazley (BEZ) 150.00p +2.81%Barr (A.G.) (BAG) 431.60p +2.81%Britvic (BVIC) 280.60p +2.75%Hays (HAS) 68.80p +2.69%UBM (UBM) 624.00p +2.55%PZ Cussons (PZC) 322.70p +2.51%FTSE 250 - FallersFerrexpo (FXPO) 200.40p -4.75%Petropavlovsk (POG) 439.90p -4.70%Kenmare Resources (KMR) 32.47p -3.68%Soco International (SIA) 319.70p -3.33%Rank Group (RNK) 118.00p -3.04%Centamin (DI) (CEY) 66.35p -2.64%Dixons Retail (DXNS) 16.40p -2.56%Bwin.party Digital Entertainment (BPTY) 103.50p -1.90%Electrocomponents (ECM) 208.70p -1.79%Premier Oil (PMO) 361.80p -1.76%BC
More News
9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

Read more
4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

Read more
26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

Read more
26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big 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
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

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.