Roundtable Discussion; The Future of Mineral Sands. 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: 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: Stocks finish in the red as miners, banks, Crimea drag

Thu, 27th Mar 2014 16:59

- FTSE closes 16.98 points lower at 6,588.32- Feb UK retail sales rise by more than expected- US jobless claims fall more than expectedtechMARK 2,763.04 -0.70%FTSE 100 6,588.32 -0.26%FTSE 250 16,202.17 -0.31%Stocks ended Thursday's session broadly lower as both the banking and mining sectors weighed heavily and attentions returned to the situation surrounding Crimea. The FTSE 100 closed 16.98 points lower at 6,588.32. In the latest news out from Ukraine, it was announced today that the country will $27bn in aid following an agreement with the International Monetary Fund. The financial lifeline follows Russia's annexation of Crimea from Ukraine, which prompted Western leaders to impose targeted sanctions against senior officials responsible for the destabilisation.The IMF agreement is on a $14-18bn standby credit for Ukraine, in return for tough economic reforms that will unlock further aid from the European Union, the US and other lenders over a two-year period.This latest development comes after US President Barack Obama denounced Russia's actions in Crimea.Speaking in Brussels, Obama last night warned that the US would impose "more sanctions" on Russia if it continues to escalate the crisis in Ukraine following last week's annexation of Crimea. "If Russia stays on its current course the costs for the Russian economy will continue to grow," he said.UK retail sales rise by more than expected in FebruaryUK retail sales rose by more than expected last month, according to official out earlier today.Sales volumes lifted 3.7% in February against the same month a year ago, the Office for National Statistics (ONS) said. That was better than economists' forecasts of 2.5%. Retail sales rose 1.7% against January, when they fell 2%, topping economists' hopes of 0.5%, the ONS said. US jobless claims fall more than expectedUS jobless claims dropped to their lowest levels in nearly four months last week, according to the Labor Department.Initial claims for unemployment benefits fell by 10,000 to a seasonally-adjusted 311,000 in the seven days to March 22nd, from a revised 321,000 the week before, which was the lowest since November and surprised analysts who had expected claims to rise to 323,000.The four-week moving average, often seen as a more reliable measure of underlying conditions in the labour market, fell by 9,5000 to 317,750. This was the "lowest reading since computer issues artificially lowered claims in September of last year", according to Analyst Cooper Howes from Barclays. Aberdeen slides after target price cutAberdeen Asset Management declined on the back of Credit Suisse's decision to cut its target price on the stock from 470p to 415p, reiterating its 'neutral' rating.SABMiller was also a notable faller, alongside fellow drinks giant Diageo. The former on Wednesday had its price target reduced by Nomura from 2,600p to 2,500p. Engineering group Babcock was a heavy faller after agreeing to buy helicopter services provider Avincis for £920m. The company, which will also assume Avincis' net debt of £705m through a new debt facility of its own, will fund the purchase with a £1.1bn rights issue, though some analysts raised concerns with the price of the deal.Miners were also out of favour as stocks tracked metal prices lower. Jefferies also dampened sentiment after cutting commodity forecasts and target prices across the sector. Fresnillo, Glencore Xstrata and Randgold Resources were among the worst performers.IG Group noted that UK banks were "shaken by President Obama's message to Vladimir Putin that tougher sanctions could be imposed on Russia". "Even though UK banks have less exposure to Russian assets than Eurozone banks, they are feeling the pinch as a war of words could lead to frozen assets," it added. Meanwhile, UK Chancellor George Osborne has been asked by the parliamentary treasury committee if he or other ministers put pressure on the Co-operative Group or Lloyds Banking Group over the sale of 632 Lloyds branches.The Co-op was in talks with Lloyds to buy its branches but the deal was scrapped last year following the discovery of a £1.5bn capital shortfall at the Co-op's banking division.FTSE 100 - RisersAberdeen Asset Management (ADN) 396.90p +2.48%SABMiller (SAB) 2,992.50p +1.85%British American Tobacco (BATS) 3,287.00p +1.61%British Sky Broadcasting Group (BSY) 930.00p +1.53%Diageo (DGE) 1,864.00p +1.47%Royal Mail (RMG) 564.00p +1.08%RSA Insurance Group (RSA) 88.65p +0.97%Unilever (ULVR) 2,505.00p +0.93%Whitbread (WTB) 4,252.00p +0.78%BG Group (BG.) 1,111.00p +0.68%FTSE 100 - FallersBabcock International Group (BAB) 1,275.00p -6.66%Fresnillo (FRES) 837.50p -4.01%Standard Life (SL.) 386.30p -3.42%Mondi (MNDI) 1,042.00p -3.25%Next (NXT) 6,745.00p -2.88%Randgold Resources Ltd. (RRS) 4,486.00p -2.65%Tullow Oil (TLW) 759.00p -2.32% Group (VOD) 218.00p -2.31%International Consolidated Airlines Group SA (CDI) (IAG) 413.00p -2.27%Sage Group (SGE) 418.30p -2.11%FTSE 250 - RisersCairn Energy (CNE) 173.30p +3.71%Brewin Dolphin Holdings (BRW) 331.90p +3.40%WH Smith (SMWH) 1,216.00p +2.96%Micro Focus International (MCRO) 819.00p +2.89%Man Group (EMG) 101.90p +2.88%Evraz (EVR) 70.85p +2.38%Laird (LRD) 304.80p +2.14%EnQuest (ENQ) 130.10p +2.12%Carphone Warehouse Group (CPW) 331.30p +2.10%Dechra Pharmaceuticals (DPH) 672.50p +1.82%FTSE 250 - FallersAfren (AFR) 143.00p -5.17%Alent (ALNT) 305.20p -4.24%Just Retirement Group (JRG) 134.60p -4.13%888 Holdings (888) 152.50p -3.79%ITE Group (ITE) 190.30p -3.25%African Barrick Gold (ABG) 240.70p -3.06%Telecity Group (TCY) 689.50p -2.96%Ted Baker (TED) 2,176.00p -2.90%Centamin (DI) (CEY) 50.80p -2.87%RPS Group (RPS) 319.00p -2.45%NR
More News
Today 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

Read more
3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

Read more
2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
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.

Read more
1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

Read more
30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

Read more
29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

Read more
26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

Read more
26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

*

Read more
26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

Read more
25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

Read more
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

Read more
25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

Read more
25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

*

Read more
25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

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.