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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: 202.70
Bid: 203.15
Ask: 203.20
Change: -0.95 (-0.47%)
Spread: 0.05 (0.025%)
Open: 202.65
High: 205.45
Low: 202.60
Prev. Close: 203.65
BARC Live PriceLast checked at -

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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
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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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20 Feb 2024 08:19

TOP NEWS: Barclays eyes GBP2 billion cost cuts and promises returns

(Alliance News) - Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years.

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20 Feb 2024 07:47

LONDON BRIEFING: Barclays announces GBP1b buyback as 2023 profit falls

(Alliance News) - Stocks in London are called lower on Tuesday, following a US holiday, and a mixed performance in Asian markets.

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20 Feb 2024 07:01

Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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19 Feb 2024 16:10

Tuesday preview: China rate decision, Barclays in focus

(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

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16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.

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15 Feb 2024 11:59

REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 07:24

Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

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13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
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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9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

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9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

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