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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: 213.95
Bid: 213.90
Ask: 214.00
Change: 0.70 (0.33%)
Spread: 0.10 (0.047%)
Open: 213.30
High: 215.15
Low: 212.60
Prev. Close: 213.25
BARC Live PriceLast checked at -

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London close: Stocks rise ahead of FOMC minutes as Aberdeen surges

Mon, 18th Nov 2013 16:23

- Aberdeen leads financials higher after SWIP purchase- Petrofac plummets on cautious outlook- Fed speculation ramps up ahead of FOMC minutestechMARK 2,653.19 +0.15%FTSE 100 6,723.46 +0.45%FTSE 250 15,290.48 +0.29%UK markets posted decent gains on Monday with the financial sectors providing a lift after a strong surge by Aberdeen, which helped to offset a record decline by oilfield services group Petrofac. "After an initially slow start European markets finally threw off some of their caution and pushed higher, playing catch up with Friday's US move [...] helped in no small part by a solid performance from financial stocks," said Chief Market Strategist Michael Hewson from CMC Markets.The FTSE 100 finished up 30.02 points at 6,723.46, a rise of 0.45% on the day.With the economic data calendar looking pretty light over the next two days, investors are likely to turn most of their attention to the minutes of October's Federal Open Market Committee (FOMC) meeting due to be released on Wednesday.Although few are still expecting the Fed to begin scaling back its asset purchase programme this year - especially after Fed Chair nominee Janet Yellen's dovish comments last week - markets are still on the lookout for hints of a potential 'taper' timeframe.Markets in the States were extending recent gains after the opening bell on Wall Street with the Dow Jones Industrial Average and S&P 500 surpassing their milestone intraday levels of 16,000 and 1,800 for the first time, respectively. A strong performance on the Hang Seng index in Hong Kong overnight was also helping market sentiment today as investors enthusiastically welcomed a sweeping package of Chinese economic reforms. Beijing outlined the biggest restructuring of its economy in decades, saying that the government would open the financial sector and relax investment restrictions. Aberdeen boosts financials; Petrofac plungesAberdeen surged nearly 15% today after saying that it would acquire Scottish Widows Investment Partnership Group from Lloyds. The company also reported annual pre-tax profit jumped 39% on net revenue up 24%, as it raised its full-year dividend by 39% to 16p per share. Lloyds was also higher following its disposal, along with banking peers Standard Chartered, RBS, Barclays and HSBC.Heading the other way was Petrofac which registered its worst daily loss in history (-16.6%) after saying that net income in 2014 would show "flat to modest growth year-on-year". The company also said that targets for 2015 were dependent on the timing of certain contracts. Outsourcing group Capita was in the red after announcing that Chief Executive Officer (CEO) Paul Pindar has called it quits after 26 years with the firm. Severn Trent was also lower after saying that CEO Tony Wray would retire next year and be replaced by the current head of BT's Openreach operations.Vedanta was also higher, rebounding after some heavy falls following its first-half report released the previous session. Credit Suisse cut its target price for the shares this morning but kept an 'outperform' rating, saying that it remains an "attractive structural story".The share price of AVEVA was sharply lower despite a broadly in-line set of first-half results with revenues up 11% and profits up 6%. Panmure Gordon maintained its 'hold' rating for the engineering software firm, saying that the shares are still too expensive which "is likely to make any new buying muted".FTSE 100 - RisersAberdeen Asset Management (ADN) 489.70p +14.74%Vedanta Resources (VED) 988.50p +3.45%Standard Chartered (STAN) 1,482.00p +1.79%ARM Holdings (ARM) 959.50p +1.64%GKN (GKN) 372.80p +1.39%Vodafone Group (VOD) 234.35p +1.30%Coca-Cola HBC AG (CDI) (CCH) 1,782.00p +1.25%Burberry Group (BRBY) 1,495.00p +1.22%Babcock International Group (BAB) 1,331.00p +1.22%Johnson Matthey (JMAT) 3,049.00p +1.19%FTSE 100 - FallersPetrofac Ltd. (PFC) 1,200.00p -16.61%Fresnillo (FRES) 915.50p -2.76%Randgold Resources Ltd. (RRS) 4,532.00p -1.18%CRH (CRH) 1,574.00p -1.07%Carnival (CCL) 2,251.00p -0.92%Sage Group (SGE) 345.70p -0.86%Admiral Group (ADM) 1,273.00p -0.86%Land Securities Group (LAND) 969.50p -0.82%Pearson (PSON) 1,328.00p -0.75%SSE (SSE) 1,389.00p -0.71%FTSE 250 - RisersImagination Technologies Group (IMG) 255.80p +6.54%Synthomer (SYNT) 236.50p +4.79%Ocado Group (OCDO) 439.80p +2.90%esure Group (ESUR) 233.10p +2.69%Bank of Georgia Holdings (BGEO) 2,158.00p +2.66%Barratt Developments (BDEV) 320.80p +2.43%Electra Private Equity (ELTA) 2,321.00p +2.25%Catlin Group Ltd. (CGL) 528.50p +2.22%BTG (BTG) 443.10p +2.21%Fidelity China Special Situations (FCSS) 105.60p +2.13%FTSE 250 - FallersAveva Group (AVV) 2,365.00p -7.83%Essar Energy (ESSR) 100.00p -5.12%Homeserve (HSV) 244.10p -3.10%Devro (DVO) 305.60p -2.98%Fisher (James) & Sons (FSJ) 1,078.00p -2.80%Spirent Communications (SPT) 107.90p -2.79%Partnership Assurance Group (PA.) 316.50p -2.62%Centamin (DI) (CEY) 50.40p -2.51%Perform Group (PER) 425.00p -2.46%Lonmin (LMI) 332.30p -2.38%BC
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16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

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15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

LONDON, Jan 15 (Reuters) - Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs.

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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10 Jan 2024 17:07

European shares end lower, with miners and travel stocks leading losses

Norway's Dec core inflation lower than expected

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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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