PYX Resources: Achieving volume and diversification milestones. Watch the video 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: 216.75
Bid: 216.10
Ask: 216.15
Change: 1.85 (0.86%)
Spread: 0.05 (0.023%)
Open: 214.55
High: 216.75
Low: 214.55
Prev. Close: 214.90
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: Morrison leads UK markets higher

Mon, 13th Jan 2014 16:36

- FTSE 100 closes at highest since November 4th- Morrison gains on property sales rumours- Banks celebrate eased Basel rules- US Q4 earnings season in focus ahead of busy weektechMARK 2,803.23 +0.05%FTSE 100 6,757.15 +0.26%FTSE 250 16,254.80 +0.39%After a choppy session, UK markets finished in positive territory with strong gains from Morrison, precious metals producers and banking stocks providing a lift.Banks, in particular, were standout performers across Europe today after the Basel Committee on Banking Supervision eased the terms of its capital requirements.The FTSE 100 finished up 17.21 points at 6,757.15, having traded within a narrow range for most of the session. Nevertheless, this was the index's highest closing price since November 4th."While a broadly positive session today, trading can best be described as a little lacklustre with not much in the way of a strong directional bias one way or the other," said Michael Hewson, Chief Market Analyst at CMC Markets.Hewson said that investors appeared content to "sit on their hands" as they await a barrage of corporate earnings from some heavyweights on Wall Street later this week; JPMorgan Chase & Co, Wells Fargo, Bank of America, Goldman Sachs and Citigroup all expected to report their fourth-quarter earnings in the coming days. They are among the 29 constituents on the S&P 500 to release their results this week.Market sentiment is still a little fragile in the aftermath of Friday's release of the December US jobs report , which revealed that just 74,000 jobs were added last month, significantly below the 241,000 recorded in November and well below what was expected by analysts. The big miss has sparked uncertainty regarding the future of the Federal Reserve's quantitative easing programme, which it started to taper at last month's meeting in the face of an improving labour market.In other news, Barclays Research recently revised its growth estimate for the UK in 2014 to 3.1% from its previous forecast of 2.3%. Meanwhile, over the weekend Citigroup analysts were cited as saying that growth could reach 4% in at least one quarter this year.Morrison gains on press speculationSupermarket group Morrison was a high riser as it continued to recover after a steep fall last week following a bigger-than-expected drop in like-for-like sales over Christmas. The Sunday Times reported yesterday that the company is considering disposing of property to fund a capital return in an effort to win back investors.Precious metal producers Randgold and Fresnillo were performing well by the close after analysts at Numis said that two groups were their top picks among gold and silver miners, respectively.Banks were also making decent gains after Basel eased the terms of a rule on institutions' leverage ratios, reducing the pressure on lenders to raise more capital to meet requirements. Barclays, Lloyds and RBS all finished higher.Heading the other way was oil major Tullow, as investors took profits following Friday's strong surge on bid speculation. Rumours had suggested that Norwegian firm Statoil was interested in the FTSE 100 company.Oilfield services group AMEC was higher after saying it would buy Switzerland-based rival Foster Wheeler for £1.9bn. AMEC said that the combination of the businesses "is a compelling proposition for all shareholders".Alcoholic drinks manufacturers Diageo and SABMiller were up after Japanese whisky maker Suntory offered $16bn for US spirits group Beam.The share price of department store Debenhams advanced after High Street peer Sports Direct bought a 4.6% stake in the company, saying that it is exploring options for the retailers to work together. Sports Direct, however, was trading firmly lower.FTSE 100 - RisersMorrison (Wm) Supermarkets (MRW) 251.30p +6.44%Fresnillo (FRES) 703.50p +3.61%Randgold Resources Ltd. (RRS) 3,835.00p +3.31%Royal Bank of Scotland Group (RBS) 368.00p +3.11%Barclays (BARC) 291.70p +2.86%Associated British Foods (ABF) 2,660.00p +2.66%easyJet (EZJ) 1,691.00p +2.55%Amec (AMEC) 1,105.00p +2.41%Mondi (MNDI) 1,024.00p +2.20%Experian (EXPN) 1,131.00p +2.17%FTSE 100 - FallersTullow Oil (TLW) 878.00p -3.46%Schroders (SDR) 2,590.00p -1.48%SSE (SSE) 1,344.00p -1.47%British American Tobacco (BATS) 3,042.50p -1.36%Centrica (CNA) 326.20p -1.30%Sports Direct International (SPD) 747.50p -1.12%Kingfisher (KGF) 385.00p -1.10%Ashtead Group (AHT) 803.50p -1.05%Severn Trent (SVT) 1,655.00p -1.02%BAE Systems (BA.) 429.70p -0.99%FTSE 250 - RisersCSR (CSR) 675.00p +6.72%Debenhams (DEB) 85.65p +5.03%Ocado Group (OCDO) 541.00p +4.95%KCOM Group (KCOM) 100.20p +4.65%Foxtons Group (FOXT) 346.50p +4.21%Homeserve (HSV) 294.30p +4.18%RPS Group (RPS) 359.60p +4.05%Imagination Technologies Group (IMG) 175.50p +3.97%PayPoint (PAY) 1,107.00p +3.94%UBM (UBM) 708.00p +3.66%FTSE 250 - FallersBeazley (BEZ) 271.30p -3.11%Dechra Pharmaceuticals (DPH) 715.00p -2.79%Synthomer (SYNT) 276.70p -2.67%Hiscox Ltd (HSX) 628.50p -2.63%Interserve (IRV) 674.00p -2.25%Crest Nicholson Holdings (CRST) 392.00p -1.85%Brown (N.) Group (BWNG) 550.00p -1.79%Cable & Wireless Communications (CWC) 55.50p -1.77%Fenner (FENR) 465.50p -1.77%Berkeley Group Holdings (The) (BKG) 2,679.00p -1.76%BC
More News
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
19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

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

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
18 Jan 2024 09:26

Sainsbury's to gradually withdraw from banking

LONDON, Jan 18 (Reuters) - British supermarket Sainsbury's said on Thursday it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its core retail operations.

Read more
17 Jan 2024 18:39

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

DAVOS, Jan 17 (Reuters) - Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

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.