The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London close: Markets slip ahead of central bank meetings, retailers fall

Wed, 08th Jan 2014 17:09

- Retailers in focus after Sainsbury, Mothercare, Majestic updates- US ADP data increases taper speculation- Central banks watched ahead of policy meetingstechMARK 2,781.64 -0.28%FTSE 100 6,721.78 -0.50%FTSE 250 16,001.74 -0.42%Heavy falls in the retail sector and cautiousness among investors saw UK markets slip on Wednesday as equities retreated from a two-month high.Meanwhile, London stocks extended losses in afternoon trade after a mixed start on Wall Street as investors digested a much stronger-than-expected ADP employment report, which increased speculation surrounding the Federal Reserve's policy meeting later this month."The latest ADP jobs report out of the US has added to the prospects of additional tapering from the Fed after beating expectations for December, while also getting an upward revision to its November number," said Michael Hewson, Chief Market Analyst at CMC Markets.The FTSE 100 finished 33.67 points lower at 6,721.78 by the close of trade today, pulling back after hitting its highest level since November 4th on Tuesday.Economic data, risk events in focusEconomic data from the Continent was making headlines today after Eurozone retail sales and German factory orders beat forecasts. Eurozone unemployment, meanwhile, was unchanged at 12.1%, as expected, though the Italian jobless rate jumped to another record high of 12.7%.Asides from the ADP data - which is seen as a rough indicator of the official jobs report due Friday - traders in the States were also awaiting the minutes of December's Federal Reserve policy meeting scheduled for after the close. Markets are hoping that the minutes will shed more light on the central bank's decision to begin scaling back stimulus last month and potentially give more insight into the Fed's future plans to gradually withdraw its quantitative easing programme.Looking ahead to tomorrow, policy meetings at the Bank of England and European Central Bank will take place, with the latter likely to be closely watched after the surprise dip in Eurozone inflation revealed yesterday.Retailers in focus: Sainsbury, Mothercare, MajesticSainsbury finished lower after it reported flat like-for-like (LFL) sales in the third quarter as customers held back on spending ahead of the Christmas period. While sales still managed to beat consensus forecasts, S&P Capital IQ maintained its 'sell' rating for the stock and cut its target price, saying: "We are increasingly concerned about Sainsbury's weakening balance sheet and do not see any dividend increase in fiscal year 2015."Rival supermarket Tesco, which is due to update the market tomorrow on its performance over the festive season, was also trading in the red while Morrison edged higher. However, online grocer Ocado surged, rising nearly 12% before the close.The share price of Mothercare dropped by over 30% after the baby products retailer said that full-year profit would come in below market forecasts as it battled against Christmas price discounting and weak trading conditions.Wine retailer Majestic was also lower despite saying that UK store sales for the 10 weeks to January 6th were up 5.9% year-on-year as it opened its 200th store during the period. Canaccord Genuity downgraded Majestic from 'buy' to 'hold' today, saying that the stock was "up with events".Leading the upside were banking stocks, extending gains made yesterday when data showed that funding conditions had improved in the fourth quarter of 2013. Lloyds, RBS and Barclays were higher. Barclays was boosted by upbeat comments from JPMorgan Cazenove which labelled it as a top pick in the European investment banking sector.Insurance firm RSA also advanced after reiterating its confidence that its recent financial irregularities are isolated to its Irish business. The group attempted to reassure investors ahead of the results of an independent investigation tomorrow.Engineering software firm AVEVA climbed strongly after UBS upgraded the software company from 'neutral' to 'buy', while home credit group International Personal Finance was hit by a Panmure Gordon downgrade from 'buy' to 'sell'.FTSE 100 - RisersRSA Insurance Group (RSA) 100.70p +3.02%Royal Bank of Scotland Group (RBS) 357.90p +2.14%Glencore Xstrata (GLEN) 314.80p +1.93%Lloyds Banking Group (LLOY) 83.80p +1.56%Standard Life (SL.) 370.90p +1.39%International Consolidated Airlines Group SA (CDI) (IAG) 434.10p +1.38%Aviva (AV.) 460.20p +1.32%easyJet (EZJ) 1,626.00p +1.31%ARM Holdings (ARM) 1,067.00p +1.14%Sage Group (SGE) 397.50p +0.99%FTSE 100 - FallersAberdeen Asset Management (ADN) 473.30p -3.60%Tate & Lyle (TATE) 773.00p -3.44%Imperial Tobacco Group (IMT) 2,247.00p -2.90%Aggreko (AGK) 1,690.00p -2.87%Tullow Oil (TLW) 820.00p -2.73%William Hill (WMH) 399.80p -2.54%Sainsbury (J) (SBRY) 360.00p -2.41%Centrica (CNA) 330.10p -2.16%Burberry Group (BRBY) 1,450.00p -2.03%Fresnillo (FRES) 692.00p -1.91%FTSE 250 - RisersOcado Group (OCDO) 513.50p +11.73%Aveva Group (AVV) 2,261.00p +6.45%Entertainment One Limited (ETO) 290.30p +6.07%JD Sports Fashion (JD.) 1,595.00p +4.59%Domino's Pizza Group (DOM) 522.00p +3.78%Centamin (DI) (CEY) 46.49p +3.10%Telecity Group (TCY) 764.00p +2.83%Ted Baker (TED) 2,300.00p +2.82%Pace (PIC) 341.70p +2.71%Foxtons Group (FOXT) 330.00p +2.48%FTSE 250 - FallersInternational Personal Finance (IPF) 484.00p -5.10%Renishaw (RSW) 1,948.00p -4.74%Bwin.party Digital Entertainment (BPTY) 115.90p -3.98%Diploma (DPLM) 715.50p -3.90%Imagination Technologies Group (IMG) 168.90p -3.49%Dairy Crest Group (DCG) 542.00p -3.30%Rightmove (RMV) 2,711.00p -3.25%WH Smith (SMWH) 1,006.00p -3.18%De La Rue (DLAR) 855.50p -3.06%Catlin Group Ltd. (CGL) 560.00p -2.86%BC
More News
11 Apr 2024 14:15

Barclays hires UBS banker Abati as co-head of energy transition for EMEA

LONDON, April 11 (Reuters) - Barclays has hired Rafael Abati from UBS as one of two senior bankers to lead its energy transition investment banking business in Europe, the Middle East and Africa (EMEA), Barclays said in a statement.

Read more
10 Apr 2024 19:26

Barclays reduces Fed rate cut view to one in 2024

NEW YORK, April 10 (Reuters) - Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the consumer price index (CPI) data released today.

Read more
9 Apr 2024 16:27

Sabadell feels no pressure from British M&A activity to sell TSB

ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.

Read more
9 Apr 2024 12:20

PRESS: Barclays mounts challenge to UK car finance ruling - Sky

(Alliance News) - Barclays PLC has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker, Sky News reported late Monday.

Read more
5 Apr 2024 09:53

OSB promotes Victoria Hyde to chief financial officer

(Alliance News) - OSB Group PLC on Friday named Victoria Hyde as its chief financial officer, with effect from May 10.

Read more
4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

Read more
4 Apr 2024 15:24

Sector movers: Lenders and industrial miners pace gains amid search for yield

(Sharecast News) - Lenders' and miners' shares helped London's top-flight index outperform amid a renewed focus on the part of some investors on so-called 'value' stocks.

Read more
3 Apr 2024 13:19

Morgan Stanley commits to Canary Wharf home until at least 2038

LONDON, April 3 (Reuters) - Morgan Stanley's UK arm has extended a lease on its 547,000 square foot European headquarters in London's Canary Wharf to 2038, committing to the Docklands financial hub even as rivals relocate in search of smaller offices.

Read more
2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

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

Read more
27 Mar 2024 20:59

Barclays executive denies discrimination in employee case

LONDON, March 27 (Reuters) - Barclays' former Global Head of Race at Work has defended her decision not to investigate further an employee complaint alleging racial, religious and sex discrimination at the British bank, an employment tribunal in London heard on Wednesday.

Read more
27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

Read more
27 Mar 2024 13:44

Libor trader Hayes loses appeal against rate-rigging conviction

LONDON, March 27 (Reuters) - Tom Hayes, the first trader in the world to be jailed for interest rate rigging, lost his appeal against his conviction on Wednesday, a decision he said he would seek to challenge at the UK's Supreme Court.

Read more
27 Mar 2024 13:17

UK dividends calendar - next 7 days

Thursday 28 March 
Alliance Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Berkeley Group Holdings PLCdividend payment date
BHP Group Ltddividend payment date
BlackRock Energy & Resources Inc Trust PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
BP PLCdividend payment date
City of London Investment Group PLCdividend payment date
Crown Place VCT PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Gateley Holdings PLCdividend payment date
Genus PLCdividend payment date
Hargreaves Lansdown PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Idox PLCex-dividend payment date
Imperial Brands PLCdividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCdividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
NextEnergy Solar Fund Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCdividend payment date
Personal Group Holdings PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
Quartix Technologies PLCex-dividend payment date
Renewables Infrastructure Group Ltddividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Smith & Nephew PLCex-dividend payment date
Taylor Wimpey PLCex-dividend payment date
Thames Ventures VCT 2 DSO 1 D PLCdividend payment date
Travis Perkins PLCex-dividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vaalco Energy Incdividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Volution Group PLCex-dividend payment date
Wynnstay Group PLCex-dividend payment date
Friday 29 March 
Energean PLCdividend payment date
Fiske PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 1 April 
no events scheduled 
Tuesday 2 April 
Ashmore Group PLCdividend payment date
Braemar PLCdividend payment date
Fair Oaks Income Ltddividend payment date
Fonix Mobile PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
MJ Gleeson PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Shoe Zone PLCspecial dividend payment date
Temple Bar Investment Trust PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Warehouse REIT PLCdividend payment date
Wheaton Precious Metals Corpex-dividend payment date
Wednesday 3 April 
Barclays PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
27 Mar 2024 11:45

UK Libor trader Hayes loses appeal against rate-rigging conviction

LONDON, March 27 (Reuters) - Tom Hayes, the first trader jailed worldwide for interest rate rigging, lost his appeal against his conviction in a London court on Wednesday.

Read more
26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

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

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.