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 surge as economic data impresses

Fri, 01st Feb 2013 16:46

The impressive performance by global stock markets last month continued into the first trading day of February, as a barrage of upbeat economic data lifted sentiment.The FTSE 100 rose a total of 6.4% in January alone, the best January performance since 1989. Eurozone manufacturing beats forecastsManufacturing data from the Eurozone painted an improving picture for the single-currency economy this morning, as Markit's purchasing managers' index (PMI) hit an 11-month high of 47.9 in January. Forecasts were the PMI to be unchanged from the preliminary reading (47.5)While a figure below 50 still indicates a contraction, "the Eurozone economic picture continues to brighten", according to Markit Chief Economist Chris Williamson. Meanwhile, even though official manufacturing PMIs in the UK and China eased last month, they were both still above the crucial 50-point mark, indicating expansion.Sentiment was shaken around lunchtime on the news that European banks are expected to pay back a smaller-than-expected amount to the European Central Bank (ECB) next week as part of the repayments for the Long-Term Refinancing Operations (LTRO) programme. US data cheers markets late onA series of robust economic indicators Stateside lifted the mood this afternoon, lifting the FTSE 100 in London over one per cent higher by the close.US non-farm payrolls increased by 157,000 last month, slightly below expectations, but data from the previous two months was revised higher. While the unemployment rate ticked higher from 7.8% to 7.9%, stocks were performing well this afternoon with analysts labelling the data as "encouraging"."While I still expect the rate of hiring to pick up, revisions to the non-farm payrolls figures in November and December suggest that plenty of businesses were never really concerned about the fiscal cliff," said market analyst Craig Erlam from Alpari."Both were revised significantly higher and we can probably expect something similar next month with January's figure. The revisions are what's fuelling this afternoons rally as they point to a much stronger jobs market in the lead up to the end of the year than previously thought," he said.The closely-watched University of Michigan consumer confidence survey and ISM manufacturing index both came in ahead of analysts' forecasts this afternoon, sparking a strong start on Wall Street.FTSE 100: BT impresses with third-quarter statementTelecoms giant BT registered impressive gains today after its third-quarter results, as cost control helped it to beat bottom-line expectations. Pre-tax profit increased by 7.0% in the quarter to £675m, however revenues fell 6.0% to £4.5bn.Miners were also performing well today on the back of the well-received economic data from the US and China as continued growth in manufacturing lifted the demand outlook for commodities. Vedanta Resources, Anglo American and Kazakhmys were among the best performers.Heading the other way was sweeteners and food products group Tate & Lyle after saying that third-quarter profits, while in line with expectations, were lower than they were last year. The company also warned about the elevated levels of volatile corn prices and the impact of the hot summer last year. Banking stocks were mixed today. Global lender HSBC was higher after receiving regulatory approval for the $7.4bn sale of its stake in China's Ping An Insurance to Thai billionaire Dhanin Chearavanont. The stock was able to shrug off a downgrade by Citigroup this morning to 'neutral'.However, Barclays was in the red after its CEO Antony Jenkins announced that he would waive his bonus for 2012 as the bank tries to mend its image following a series of scandals. RBS was also lower after a Sky News report alleged that it is examining proposals to claw back up to £100m from pay deals previously awarded to investment bank executives as it prepares to settle allegations that it played a role in the LIBOR rate-rigging conspiracy.FTSE 250: KCOM rises on Q3 statement Communications services provider KCOM rose after saying in a third-quarter statement that it has seen "positive momentum across all brands".Platinum producer Lonmin was continuing to rise after yesterday posting quarterly production ahead of targets despite strikes that hit the South African mining sector last year.De La Rue, the banknote printer, surged after saying that it had received "some" of the previously delayed orders that it had referred to in the last trading update. The company said that results this year would be flat on 2011/12.Pubs group Greene King was a high riser this morning after HSBC raised its recommendation for the shares to 'overweight' and lifted its target price from 620p to 750p.FTSE 100 - RisersBT Group (BT.A) 264.80p +6.52%Vedanta Resources (VED) 1,259.00p +4.57%Reed Elsevier (REL) 713.50p +3.86%Tullow Oil (TLW) 1,179.00p +3.60%Anglo American (AAL) 1,954.00p +3.58%GKN (GKN) 249.30p +3.53%ARM Holdings (ARM) 893.50p +3.53%Rio Tinto (RIO) 3,679.00p +3.34%Kazakhmys (KAZ) 754.00p +3.29%Melrose Industries (MRO) 240.50p +3.04%FTSE 100 - FallersTate & Lyle (TATE) 804.00p -1.05%Royal Bank of Scotland Group (RBS) 340.50p -0.82%BAE Systems (BA.) 337.90p -0.50%Legal & General Group (LGEN) 151.80p -0.39%Hammerson (HMSO) 484.10p -0.33%Barclays (BARC) 300.00p -0.33%Resolution Ltd. (RSL) 261.90p -0.23%United Utilities Group (UU.) 731.50p -0.07%Lloyds Banking Group (LLOY) 51.64p -0.04%FTSE 250 - RisersAfren (AFR) 154.00p +7.39%Essar Energy (ESSR) 140.20p +7.27%Kenmare Resources (KMR) 35.63p +7.25%KCOM Group (KCOM) 77.00p +7.09%Centamin (DI) (CEY) 60.40p +6.81%Ferrexpo (FXPO) 270.70p +6.32%TalkTalk Telecom Group (TALK) 251.40p +6.26%Elementis (ELM) 223.70p +5.92%De La Rue (DLAR) 953.50p +5.71%Lonmin (LMI) 380.10p +5.58%FTSE 250 - FallersTed Baker (TED) 1,165.00p -3.24%New World Resources A Shares (NWR) 282.90p -2.45%PayPoint (PAY) 823.00p -1.61%BH Macro Ltd. EUR Shares (BHME) € 19.50 -1.37%Kentz Corporation Ltd. (KENZ) 415.60p -0.95%Atkins (WS) (ATK) 822.00p -0.90%Domino's Pizza Group (DOM) 510.00p -0.87%Direct Line Insurance Group (DLG) 221.00p -0.85%Fidessa Group (FDSA) 1,526.00p -0.84%Mitchells & Butlers (MAB) 332.00p -0.51%BC
More News
4 May 2024 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.