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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: 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
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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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