The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just 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: 203.65
Bid: 203.60
Ask: 203.70
Change: 0.95 (0.47%)
Spread: 0.10 (0.049%)
Open: 200.75
High: 205.25
Low: 198.84
Prev. Close: 202.70
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
9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

Read more
9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

Read more
9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

Read more
9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

Read more
9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

Read more
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

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.