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: 202.00
Bid: 202.40
Ask: 202.50
Change: -3.15 (-1.54%)
Spread: 0.10 (0.049%)
Open: 205.75
High: 206.10
Low: 197.68
Prev. Close: 205.15
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: Market in bullish mood after upbeat data and earnings

Thu, 01st Nov 2012 16:46

- Better-than-expected US data bolsters gains late on- Corporate earnings from Lloyds, BT, BSkyB and others impress- Chinese manufacturing figures beat estimatesA flood of economic data from the US and China and a barrage of well-received results from some heavyweight stocks in the UK helped the FTSE 100 register impressive gains on Thursday."With All Saints' Day in Europe depleting volumes across the board, the UK drove much of the action in the first half of the session, thanks to a number of robust earnings from the likes of BT, Shell and Lloyds Banking Group," said market strategist Ishaq Siddiqi from ETX Capital.Markets were given a further boost in the afternoon after a flurry of upbeat economic indicators Stateside lifted sentiment in the aftermath of Hurricane Sandy earlier this week. ISM manufacturing, initial jobless claims and ADP employment numbers all came in ahead of expectations today.Siddiqi said that this "bodes well before tomorrow's non-farm payrolls report and plays into the hands of President Obama who surely would be relieved the that the world's largest economy is on an upward path to growth under his leadership."Meanwhile, the HSBC Chinese manufacturing sector purchasing managers' index for the month of October rose to 49.5, from 47.9 in the month before, according to survey compiler Markit. This was an eight-month high and not far from the key level of 50 which indicates that the sector contraction has ceased. The consensus estimate was for 49.1. "This is a big boost for China, with the PBOC using both conventional and unconventional measures to try and maintain its high level of growth," said market analyst Craig Erlam from Alpari.In other news, UK manufacturing PMI for the month of October retreated to 47.5 points, after a reading of 48.1 (preliminary: 48.4) in the month before, according to the figures released by Markit. The consensus estimate had been for a reading of 48. As an aside, the Bank of England has today completed its £375bn target for asset repurchases. FTSE 100: Lloyds, BT and BSkyB lead the risersBanking giant Lloyds rose strongly after an 'in-line' third-quarter statement. The lender said that it is making progress despite delivering a statutory loss before tax of £583m for the first nine months of the year, including a further Payment Protection Insurance (PPI) provision of £1bn in the third quarter. Sector peers Barclays and RBS were also making gains.Telecommunications giant BT surged after it bumped up its interim dividend following a solid second quarter which saw profits before tax grow 7% despite a 9% fall in adjusted revenue. Pay-TV and broadband provider BSkyB advanced after seeing decent growth across the board in the first quarter, helped by the number of high-profile sporting events that fell in the period, such as the US Open, Ryder Cup and Olympic Games. Anglo-Dutch integrated oil major Shell gained after its third-quarter net income was comfortably ahead of expectations. "I am pleased with our progress in a difficult industry environment. There is more to come from Shell," said CEO Peter Voser. Investments and insurance group Legal & General was wanted after generating record revenues in the third quarter, with UK and US protection sales each rising by around a third. Oilfield support services company Wood Group also rose after announcing that a series of management changes has come into effect today, including the retirement of its Chairman Sir Ian Wood. However, not all updates received approval by the markets this morning: speciality chemicals group Croda tanked after selling its Italian business and saying that month-to-month trading in the third quarter had been "volatile". Commodities trader and mines owner Glencore was subdued after saying its third quarter was a good one, despite generally weaker commodity prices. Oil and gas firm BG Group was continuing to fall after cutting back production guidance yesterday. Shares are now down 16% on the week. FTSE 250: Dixons jumps on hopes of Comet's demiseElectricals retailer Dixons soared on the news that its main High Street rival, Comet, is likely to go into administration. According to The Guardian, industry sources said Comet faced a cash crunch after trade insurers cut credit lines to suppliers, forcing them to ask for payment for goods upfront. Gold miner Centamin rebounded strongly today after returning to the market following a suspension from trade, as the firm looked to reassure investors concerned about the future of its flagship Sukari project in Egypt. Shares plummeted two days ago after media reports claimed that an Egyptian court had labelled its Sukari mining concession, its primary source of revenue, as void. Defence contractor Chemring plummeted after today after reducing profit expectations for the financial year ended October 31st following delays and technical problems in a number of contracts. FTSE 100 - RisersLloyds Banking Group (LLOY) 43.94p +8.28%British Sky Broadcasting Group (BSY) 759.00p +7.05%BT Group (BT.A) 227.00p +6.82%Barclays (BARC) 239.25p +5.16%Legal & General Group (LGEN) 140.00p +4.48%ARM Holdings (ARM) 694.00p +4.36%Burberry Group (BRBY) 1,215.00p +4.20%Royal Bank of Scotland Group (RBS) 287.20p +4.06%Antofagasta (ANTO) 1,302.00p +3.58%Aberdeen Asset Management (ADN) 335.00p +3.24%FTSE 100 - FallersBG Group (BG.) 1,102.00p -3.97%Croda International (CRDA) 2,172.00p -1.32%Smith & Nephew (SN.) 648.50p -0.99%Severn Trent (SVT) 1,596.00p -0.62%Serco Group (SRP) 563.00p -0.62%Meggitt (MGGT) 384.50p -0.39%Experian (EXPN) 1,066.00p -0.37%Morrison (Wm) Supermarkets (MRW) 267.50p -0.15%Sainsbury (J) (SBRY) 354.20p -0.11%Capita (CPI) 722.50p -0.07%FTSE 250 - RisersDixons Retail (DXNS) 23.38p +13.50%International Personal Finance (IPF) 369.10p +6.37%Hunting (HTG) 794.50p +6.15%Ferrexpo (FXPO) 219.80p +5.22%FirstGroup (FGP) 200.40p +5.20%Centamin (DI) (CEY) 67.10p +5.13%Man Group (EMG) 82.15p +4.72%Berendsen (BRSN) 589.00p +4.62%Domino's Pizza Group (DOM) 528.50p +4.55%Savills (SVS) 423.30p +4.54%FTSE 250 - FallersChemring Group (CHG) 260.60p -16.93%SDL (SDL) 512.00p -3.49%Lonmin (LMI) 499.20p -2.69%RPS Group (RPS) 228.00p -2.52%Bank of Georgia Holdings (BGEO) 1,160.00p -2.44%Mondi (MNDI) 670.00p -1.76%Perform Group (PER) 394.00p -1.75%Ruspetro (RPO) 101.20p -1.75%Playtech Ltd. (PTEC) 416.90p -1.58%Barr (A.G.) (BAG) 438.20p -1.53%BC
More News
12 Jul 2023 08:26

UK bank shares rise after BoE stress test

MILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.

Read more
12 Jul 2023 07:21

UK bank pass annual stress tests, says BoE

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

Read more
12 Jul 2023 07:15

Stress test shows top 8 UK banks have enough capital, says Bank of England

LONDON, July 12 (Reuters) - The Bank of England said on Wednesday its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

Read more
11 Jul 2023 11:19

Intuitive Investments names veteran chair as eyes move to Main Market

(Alliance News) - Intuitive Investments Group PLC on Tuesday said it has named the experienced Nigel Rudd as its next independent non-executive chair, subject to it moving to a London listing on the Main Market, from its current position in the junior market.

Read more
10 Jul 2023 14:41

Ignite Luxembourg and RHI Magnesita extend acceptance period

(Alliance News) - Ignite Luxembourg Holdings Sarl and Magnesita NV have extended the acceptance period to buy a stake in RHI Magnesita to July 21.

Read more
9 Jul 2023 22:41

Sunday newspaper round-up: BT Group, Aston Martin, MPs

(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph

Read more
7 Jul 2023 22:22

Barclays hires Birchenough as chairman of healthcare investment banking

NEW YORK, July 7 (Reuters) - Barclays Plc has hired Jim Birchenough from Wells Fargo & Co as its chairman of global healthcare investment banking, a spokesperson for the British bank confirmed, after Reuters reported on the appointment on Friday.

Read more
7 Jul 2023 20:34

Barclays hires Birchenough as chairman of healthcare investment banking

NEW YORK, July 7 (Reuters) - Barclays Plc has hired Jim Birchenough from Wells Fargo & Co as its chairman of global healthcare investment banking, a spokesperson for the British bank confirmed, after Reuters reported on the appointment on Friday.

Read more
6 Jul 2023 19:14

Banks recognise savers need help accessing best rates - UK regulator

(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Read more
6 Jul 2023 18:45

UK banks must accelerate rate rises for savers, says watchdog

LONDON, July 6 (Reuters) - British regulator the Financial Conduct Authority (FCA) said on Thursday that banks need to accelerate rate rises for savers, but said it was not up to the watchdog to dictate pricing.

Read more
6 Jul 2023 16:41

Banks must provide value to savers, says UK watchdog

LONDON, July 6 (Reuters) - Britain's Financial Conduct Authority said on Thursday that banks need to ensure they are providing value to savers, but said it was not up to the regulator to dictate pricing.

Read more
6 Jul 2023 14:58

Ex UBS trader Hayes allowed to appeal Libor conviction

"Real possibility" Hayes' conviction will be overturned-CCRC

*

Read more
6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears.

Read more
6 Jul 2023 06:19

UK FCA to discuss savings rates concerns with bank chiefs

(Alliance News) - Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Read more
4 Jul 2023 07:53

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

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.