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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: 202.35
Bid: 202.15
Ask: 202.25
Change: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

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London close: Impact of Budget felt on FTSE

Wed, 19th Mar 2014 16:59

- FTSE closes down 32 points at 6,573- Focus on Budget, unemployment remains unchanged- Jan Eurozone construction output up by 1.5 per cent techMARK 2,818.76 +0.56%FTSE 100 6,573.13 -0.49%FTSE 250 16,338.84 -0.09%UK stocks finished today's busy session in the red as investors digested the Chancellor's Budget statement, UK unemployment figures, and a number of announcements from Europe. The FTSE closed down 32.15 points at 6,573.13, down 45.24 points on the week so far. Budget 2014: Tax cuts announced ahead of 2015 electionUK Chancellor George Osborne today delivered his fifth budget, which revealed a number of tax and spending cuts to boost the economy. He warned that while Britain was growing at a faster rate than any another advanced economy in the world the recovery was far from assured. "This country still borrows too much, we still don't invest enough, export enough or save enough," he said.Osborne also revealed the Office for Budget Responsibility had lifted its forecasts for economic growth. The OBR predicted the UK will expand by 2.7% this year compared to its earlier estimate of 2.4%. The UK will grow by 2.3% next year, it said.The 2015 estimate is one tenth of a percentage point less than had been expected by the consensus.Osborne added that the OBR sees the Budget deficit falling more than expected this year at 6.6%. He said by 2018-19 annual Budget deficit will disappear, with a move into a small surplus.Meanwhile, in an effort to support "hard working people", Osborne said the UK tax-free personal income threshold will be raised to in April 2014 from £9,440 to £10,000 and by a further £500 in 2015. Additional measures announced in the Budget included a scheme to boost exports by doubling the amount of finance available to £3bn, a five-year cap on structural welfare spending from 2015, starting at £119bn and rising in line with inflation, and freezing duty on cider, lowering the duty on beer by 1p per pint. UK unemployment rate unchanged at 7.2% in JanuaryThe UK unemployment rate remained unchanged in the three months to January at 7.2%, according to the Office for National Statistics (ONS). The consensus estimate had been for a reading of 7.1%. The claimant count fell by 34,600 in February (consensus: -25,000). Average weekly earnings rose by 1.4% for the three months to January (consensus: 1.2%). Eurozone construction output rose by 1.5% in JanuaryConstruction output in the Eurozone expanded by 1.5% month-on-month during January, according to Eurostat.That came on the back of a revised gain of 1.3% for December, in comparison with the 0.9% initially estimated.Meanwhile, France's current account deficit came in at -3.9bn euros in January, according to the French central bank, following a reading of -1.2bn euros in December. Budget statement effect felt on FTSELegal and General fell sharply after Osborne announced in today's Budget that there will be a "radical change" to the pension system, as a result of which half a million people will no longer have to buy an annuity, Elissa Bayer, Senior Investment Director at Investec Wealth & Investment, explained. Resolution shares declined after Canaccord Genuity downgraded the company from 'buy' to 'hold' with a target price of 375p.Bookmaker William Hill slumped after the government's new Budget included a 25p increase in duty on fixed-odds betting terminals.Meanwhile, shares of Hargreaves Lansdown were at the top of the leaderboard, which appears to be linked to the Budget statement which announced savers will be allowed to transfer funds back and forth between their cash and stock ISAs. Shares in Barclays were given a lift by stories that the bank is weighing up the possible disposal of its Index, Portfolio and Risk Solutions (IPRS) unit, with two rival buyers mooted.FTSE 100 - RisersHargreaves Lansdown (HL.) 1,504.00p +14.46%Hammerson (HMSO) 565.50p +2.54%Barclays (BARC) 241.50p +2.31%Sage Group (SGE) 424.40p +2.04%Reckitt Benckiser Group (RB.) 4,895.00p +1.70%Schroders (SDR) 2,692.00p +1.58%London Stock Exchange Group (LSE) 2,007.00p +1.52%Meggitt (MGGT) 471.80p +1.40%BAE Systems (BA.) 413.50p +1.40%Rolls-Royce Holdings (RR.) 1,073.00p +1.23%FTSE 100 - FallersLegal & General Group (LGEN) 211.20p -8.37%William Hill (WMH) 351.50p -6.81%Anglo American (AAL) 1,388.50p -5.38%Antofagasta (ANTO) 785.00p -5.25%Aviva (AV.) 490.40p -5.15%Resolution Ltd. (RSL) 335.00p -4.56%Smiths Group (SMIN) 1,301.00p -3.70%Glencore Xstrata (GLEN) 301.30p -3.26%Standard Life (SL.) 354.00p -3.12%Prudential (PRU) 1,339.50p -2.12%FTSE 250 - RisersImagination Technologies Group (IMG) 180.70p +10.05%Rank Group (RNK) 154.00p +6.80%Victrex plc (VCT) 1,968.00p +6.72%St James's Place (STJ) 865.50p +4.28%Fidessa Group (FDSA) 2,596.00p +4.22%Domino Printing Sciences (DNO) 821.50p +3.79%Evraz (EVR) 62.65p +3.38%Man Group (EMG) 106.00p +3.21%Big Yellow Group (BYG) 556.00p +3.15%Grainger (GRI) 248.00p +2.90%FTSE 250 - FallersPartnership Assurance Group (PA.) 143.00p -55.20%Ophir Energy (OPHR) 251.70p -14.79%Ladbrokes (LAD) 140.40p -11.70%Phoenix Group Holdings (DI) (PHNX) 702.00p -5.20%Dairy Crest Group (DCG) 469.90p -5.07%Xaar (XAR) 864.00p -4.53%Moneysupermarket.com Group (MONY) 178.70p -4.44%Carphone Warehouse Group (CPW) 323.60p -3.89%Essar Energy (ESSR) 64.50p -3.87%Polymetal International (POLY) 612.00p -3.77%NR
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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-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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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

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26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

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25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

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25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

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