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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
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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: Stocks up but gains limited on Fed uncertainty, mixed data

Tue, 24th Sep 2013 16:31

Markets closed slightly higher on Tuesday afternoon after a choppy day though upside was limited as investors focused on mixed data and the uncertain future for Federal Reserve monetary policy.Last week's surprise decision by the Fed to maintain its stimulus programme is still fresh in investors' minds given that the central bank said the recovery was not strong enough to warrant a 'taper'. New York Fed President William Dudley on Monday defended the move, saying the US economy had not picked up enough forward momentum, while James Bullard (St Louis Fed) said last week that quantitative easing could still be scaled back in October.With a distinct lack of cohesion and an array of conflicting messages on monetary policy emanating from the Fed in the past few days, it is no wonder that an air of caution persists in equity markets at present," said Alex Young, Senior Sales Trader at CMC Markets.The FTSE 100 in London finished 14.09 points higher at 6,571.46.Economic data comes in mixedMarkets opened cautiously this morning after the rise in the German IFO business climate indicator for the month of September missed exectations. Business confidence increased in September to 107.7 from a revised 107.6 in August, falling below the consensus forecast for a gain up to 108.2.On the other side of the Atlantic, the Conference Board's index measuring consumer confidence fell from a revised 81.8 to 79.7 in September, a four-month low and below the 79.9 expected by analysts.Meanwhile, US house prices increased at an annual rate of 12.4% in July, up from the 12.1% rise in June, according to the S&P/Case-Shiller home price index. This was the biggest annual jump since February 2006 and was more or less in line with forecast.Market Strategist Ishaq Siddiqi from ETX Capital said that the market is "again having to re-adjust its expectations for the timing of tapering" after figures showed a drop-off in housing and consumer activity - "both being engines of growth for the US".FTSE 100: Carnival Q3 hit by Costa ConcordiaCarnival's shares fell in afternoon trade after the cruise line operator reported a decline in third-quarter income as it tries to recover from the sinking of its Costa Concordia ship last year. It also said that adjusted per-share results for the fourth quarter would be in the range of a loss of 3 cents to a profit of 3 cents, well below the current consensus forecast of 9 cents and 14 cents the year before.Falling metals prices were weighing on the miners today with precious metal producers Fresnillo and Randgold among the worst performers as gold and silver values fall. Banking stocks were leading the upside with Barclays, RBS and Standard Chartered registering decent gains before the close. Lloyds was also higher after a ratings upgrade by Investec from 'sell' to 'hold'. Analyst Ian Gordon said that the bank could benefit from less price-led competition in the mortgage market.FTSE 100 newcomers Sports Direct and Coca-Cola HBC were also performing well, rebounding after their recent weakness since entering the top-tier index.Power systems firm Rolls-Royce was a high riser after Jefferies raised its target price for the stock from 1,250p to 1,400p and kept a 'buy' rating, showing optimism with its 'TotalCare' services.Sector peer BAE Systems meanwhile advanced following the news that South Korea has reopened an $8bn tender to upgrade its ageing air force, raising hopes for the group's jointly-made Eurofighter aircraft (made with partners EADS).FTSE 250: Euromoney jumps on Q4 pick-upBusiness and financial magazine publisher Euromoney Institutional Investor surged this morning after reporting that revenue growth accelerated from 2% in the third quarter to 9% in the fourth. In a pre-close trading update, the company said that full-year adjusted pre-tax profit would be around £114m, slightly ahead of estimates.Finance house Close Bros also gained after it reported a strong set of full-year results as Asset Management returned to profit while Banking and Securities improved.FTSE 100 - RisersSports Direct International (SPD) 709.00p +2.16%Coca-Cola HBC AG (CDI) (CCH) 1,864.00p +2.14%Vodafone Group (VOD) 213.10p +1.91%Barclays (BARC) 271.45p +1.91%Royal Bank of Scotland Group (RBS) 367.90p +1.91%International Consolidated Airlines Group SA (CDI) (IAG) 333.00p +1.83%WPP (WPP) 1,292.00p +1.73%Mondi (MNDI) 1,077.00p +1.70%BG Group (BG.) 1,208.00p +1.68%BAE Systems (BA.) 450.90p +1.55%FTSE 100 - FallersCarnival (CCL) 2,258.00p -5.60%Fresnillo (FRES) 971.00p -4.15%Randgold Resources Ltd. (RRS) 4,493.00p -2.77%Anglo American (AAL) 1,545.50p -1.78%Unilever (ULVR) 2,524.00p -1.64%Amec (AMEC) 1,091.00p -1.53%Diageo (DGE) 2,019.50p -1.51%Imperial Tobacco Group (IMT) 2,257.00p -1.40%Schroders (SDR) 2,549.00p -1.39%GKN (GKN) 347.60p -1.25%FTSE 250 - RisersEuromoney Institutional Investor (ERM) 1,149.00p +9.32%Computacenter (CCC) 538.00p +6.53%Diploma (DPLM) 636.00p +5.91%Close Brothers Group (CBG) 1,189.00p +4.94%Enterprise Inns (ETI) 148.00p +4.45%Alent (ALNT) 368.80p +4.24%Savills (SVS) 606.00p +4.21%Barr (A.G.) (BAG) 541.50p +3.74%NMC Health (NMC) 326.40p +3.45%Howden Joinery Group (HWDN) 294.70p +3.44%FTSE 250 - FallersOcado Group (OCDO) 381.00p -4.56%AL Noor Hospitals Group (ANH) 830.00p -3.71%Hochschild Mining (HOC) 190.40p -3.40%Ferrexpo (FXPO) 175.10p -2.61%Workspace Group (WKP) 414.70p -2.33%Afren (AFR) 142.80p -1.65%Elementis (ELM) 246.60p -1.56%Crest Nicholson Holdings (CRST) 335.10p -1.41%Telecom Plus (TEP) 1,305.00p -1.29%Cairn Energy (CNE) 259.40p -1.14%BC
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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.

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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.

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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.

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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.

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30 Apr 2024 20:30

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

NEW YORK April 29 (Reuters) -

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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:

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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.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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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:

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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.

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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.

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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.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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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.

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