The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 217.20
Bid: 217.20
Ask: 217.30
Change: 2.65 (1.24%)
Spread: 0.10 (0.046%)
Open: 214.10
High: 218.00
Low: 213.75
Prev. Close: 214.55
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: US manufacturing data fuels late surge

Tue, 01st May 2012 16:38

- US data offsets disappointing figures from China, UK- Lloyds leads banks higher, Man Group tumbles- Chemring gains 20pc after contract winWith markets cautious early on after some disappointing manufacturing data from China and the UK, an upwards surprise in manufacturing figures Stateside gave London's FTSE 100 a boost in afternoon trade. The benchmark surged by 50 points in the hour after the US data and finished over 1.3 per cent higher.The US manufacturing sector expanded at a faster-than-expected rate in April, according to the latest data from the Institute for Supply Management (ISM). The ISM's Purchasing Managers' Index (PMI) improved from 53.4% in March to 54.8% last month. The market consensus was expecting a slight fall to around the 53%-mark.The report will likely ease some concerns surrounding the US economy as of late, with regional manufacturing surveys (including the Empire State, Philadelphia Fed, and Chicago PMI) all showing declines in April. "The news provided a major lift to equities, which have been struggling since it was confirmed that Spain had entered a double dip recession yesterday morning," said analyst Craig Erlam from Alpari. "The data is likely to calm talk of further QE in the US for now, however the market is fickle, low employment figures, especially non-farm payroll on Friday, will surely get the QE rumour mill going again," Erlam said.Earlier in the day, it was revealed that UK manufacturing growth eased in April as exports were hit by weaker demand from across the globe. The Markit/CIPS manufacturing PMI fell from 51.9 to 50.5, compared with the consensus forecast of 51.6. Meanwhile, China's statistics bureau and logistics federation reported that the national manufacturing PMI rose from 53.1 to 53.3, missing forecasts of a rise to 53.6.FTSE 100: Banks surge after results from LloydsLloyds reported better-than-expected first-quarter earnings this morning, following on from last week's beat from Barclays. Profits were back in the black in the first three months of 2012, prompting an 8% jump in the share price by the close of trade. The bank said pre-tax profits came in at £288m compared to a loss of £3.47bn in the same period the year before. "If [CEO] Antonio still needs cheering up after the 6% share price rebound of the past eight days then the underlying trends visible in today's numbers could be just the tonic," said analysts at Investec, which reiterated its buy rating on the stock today. Results from Standard Chartered and Royal Bank of Scotland are due for release later this week.Cigarette producer Imperial Tobacco was smoking after beating market expectations in its first half. "Would not expect much change to consensus numbers on the back of these results, but positive tone from management into H2 will give the market some comfort on the top line delivery in H2," said analysts at Jefferies.Engine developer Rolls-Royce rose strongly after announcing a contract with US peer Pratt and Whitney to supply the Rolls-Royce LiftSystem for 17 F-35B Lightning II aircraft. Just a handful of stocks finished the day in the red, with hedge fund manager Man Group the stand-out faller, dropping nearly 6%. While the firm reported a slight increase in funds under management in the first quarter, the company reported a negative performance from its flagship AHL fund. Integrated oil major BP also fell after underlying replacement cost profit was down in the first quarter, with the downstream business primarily responsible for the fall-off. ?? FTSE 250: Chemring rocketsThe share price of pyrotechnics and military counter-measures specialist Chemring rose by a fifth today after the firm announced two new orders, one big and one small. The largest was in the US, where its Non-Intrusive Inspection Technology (NITEK) division was awarded a contract for the ground penetrating radar, Husky mounted detection system. The contract ceiling is $579m with an initial order of $161m. Shares in energy and mineral extraction industries services provider Cape advanced after the firm announced that underlying revenues increased by one-tenth in the first quarter. Oil and gas engineering firm Lamprell also rose after saying it had secured a $227m contract from an unnamed drilling contractor to build one of its popular jackup rigs. Argos and Homebase owner Home Retail was out of favour ahead of its full-year results due tomorrow morning. The company said last month that its full-year results should be in line with expectations, albeit somewhat lower than the previous year.FTSE 100 - RisersLloyds Banking Group (LLOY) 33.59p +8.34%Royal Bank of Scotland Group (RBS) 25.30p +4.24%Imperial Tobacco Group (IMT) 2,556.00p +3.73%Barclays (BARC) 226.20p +3.64%Rolls-Royce Holdings (RR.) 853.00p +3.58%Wolseley (WOS) 2,423.00p +3.41%Fresnillo (FRES) 1,613.00p +3.40%BHP Billiton (BLT) 2,039.00p +3.27%Capita (CPI) 684.50p +3.24%Aviva (AV.) 317.50p +3.05%FTSE 100 - FallersMan Group (EMG) 97.80p -5.51%Next (NXT) 2,896.00p -1.13%Admiral Group (ADM) 1,200.00p -0.91%BP (BP.) 441.30p -0.83%Pearson (PSON) 1,153.00p -0.60%IMI (IMI) 985.00p -0.45%Morrison (Wm) Supermarkets (MRW) 279.40p -0.43%Severn Trent (SVT) 1,683.00p -0.41%Aberdeen Asset Management (ADN) 282.40p -0.39%ARM Holdings (ARM) 522.00p -0.38%FTSE 250 - RisersChemring Group (CHG) 391.90p +20.03%Cape (CIU) 407.10p +7.87%Brown (N.) Group (BWNG) 241.80p +5.50%Lamprell (LAM) 362.00p +4.02%PayPoint (PAY) 663.00p +3.67%Booker Group (BOK) 81.90p +3.67%easyJet (EZJ) 513.50p +3.55%Shanks Group (SKS) 95.70p +3.46%Restaurant Group (RTN) 290.00p +3.24%Interserve (IRV) 295.30p +3.18%FTSE 250 - FallersHome Retail Group (HOME) 101.00p -5.25%Imagination Technologies Group (IMG) 656.50p -4.51%Supergroup (SGP) 333.00p -4.26%CSR (CSR) 222.80p -3.42%Rank Group (RNK) 113.50p -2.99%Gem Diamonds Ltd. (DI) (GEMD) 253.00p -2.32%Ocado Group (OCDO) 127.00p -2.16%Howden Joinery Group (HWDN) 120.00p -1.64%Paragon Group Of Companies (PAG) 177.10p -1.61%Centamin (DI) (CEY) 67.50p -1.60%BC
More News
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

Read more
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.

Read more
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.

Read more
11 Jan 2024 17:03

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

U.S. inflation data sparks selloff

*

Read more
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.

Read more
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".

Read more
10 Jan 2024 17:07

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

Norway's Dec core inflation lower than expected

*

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

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.