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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: 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: Weaker German business confidence, stress tests weigh on stocks

Mon, 27th Oct 2014 16:14

UK-listed stocks closed lower on Monday, with banks and mining stocks providing a drag in the aftermath of the results of the latest EU bank stress tests and alongside a weak reading on German business confidence.The FTSE closed down 24.92 points at 6,363.81 after falling early on.Stocks were dragged lower by news that the IFO institute's gauge of German business confidence had dropped to a 22-month low in October, with the business climate index falling from 104.7 to 103.2, well below the 104.5 consensus forecast."We expect a stabilisation before the end of the year. For late 2014, our forecasts for Eurozone and German GDP are below consensus," said Berenberg economist Christian Schulz."Unfortunately, the October Ifo data suggests that the risks to our near-term calls remains to the downside."That came as the results of the bank's stress tests were unveiled on Friday, with Lloyds proving a particular disappointment ahead of Tuesday's interim management statement."The British banks may have passed the European stress test but for traders the margin by which Lloyds passed was too close for comfort," IG market analyst David Madden explained."It hardly instills confidence in the UK financial sector when the big five banks are given the all clear but the sector still finishes lower."Acting as a backdrop, the DJ Stoxx 600 Banks sector index fell 1.74% and the FTSE Mibtel by another 2.40%. Monte dei Paschi di Siena's stock price cratered 21.5% after the lender failed Sunday's ECB and EBA stress tests.In other news, growth in UK retail sales seemed to stabilise in October, led by a bounce in the clothing sector, but risks to the Britain's economy more generally remain, the Confederation of British Industry (CBI) said in a report.The CBI's reported sales index for the year to September remained at last month's level of 31%, instead of slipping to a reading of 25% as economists had been expecting.There was nervousness too ahead of Wednesday's Federal Open Market Committee meeting, which was also prompting an element of caution on the markets, with policymakers expected to announce the end of quantitative easing in the States.Travel stocks lead following recent Ebola-related declinesTravel stocks were among the best performers as investors continued to search for bargains after recent Ebola-related weakness in the sector.TUI Travel, Intercontinental Hotels, Carnival, IAG and Easyjet put in decent gains, with the latter two being helped by positive comments from Morgan Stanley analysts, who recommended investors buy the stocks with 'overweight' ratings and raised its target price on both.Smiths Group was a big faller after its finance director announced he will step down in six months' time in order to pursue opportunities outside the group. The FTSE 100 technology group will use his remaining time with the board to find his successor.Lloyds, HSBC, RBS and Barclays all traded firmly in the red following the stress test results.On the second tier, Renishaw rose after it revealed that it now expects to continue to experience the revenue growth seen in its first quarter in the second half of its financial year. The brief announcement from the metorology and healthcare manufacturer came less than two weeks after it delivered its interim management statement, which revealed a 28% increase in first quarter revenue to £101.4m.Market MoverstechMARK 2,688.02 -0.38%FTSE 100 6,363.46 -0.40%FTSE 250 15,040.39 -0.33%FTSE 100 - RisersTUI Travel (TT.) 374.70p +2.49%InterContinental Hotels Group (IHG) 2,268.00p +2.30%Reed Elsevier (REL) 995.00p +1.74%International Consolidated Airlines Group SA (CDI) (IAG) 389.80p +1.70%Admiral Group (ADM) 1,290.00p +1.10%Reckitt Benckiser Group (RB.) 5,035.00p +1.08%SABMiller (SAB) 3,392.50p +1.04%Sainsbury (J) (SBRY) 240.40p +0.92%AstraZeneca (AZN) 4,367.00p +0.91%Unilever (ULVR) 2,427.00p +0.87%FTSE 100 - FallersRoyal Mail (RMG) 443.80p -3.06%Smiths Group (SMIN) 1,121.00p -2.69%Fresnillo (FRES) 746.00p -2.67%Aberdeen Asset Management (ADN) 400.90p -2.58%Aggreko (AGK) 1,499.00p -2.41%Petrofac Ltd. (PFC) 1,045.00p -2.15%Antofagasta (ANTO) 678.50p -2.09%Barclays (BARC) 221.85p -1.99%Weir Group (WEIR) 2,206.00p -1.96%Rolls-Royce Holdings (RR.) 779.50p -1.95%FTSE 250 - RisersRenishaw (RSW) 1,666.00p +4.78%Infinis Energy (INFI) 221.00p +4.49%Just Eat (JE.) 292.10p +4.36%SSP Group (SSPG) 244.00p +2.95%Entertainment One Limited (ETO) 309.50p +2.82%Brit (BRIT) 239.20p +2.66%esure Group (ESUR) 241.90p +1.72%PZ Cussons (PZC) 367.40p +1.63%Fidelity European Values (FEV) 150.80p +1.55%Card Factory (CARD) 220.80p +1.52%FTSE 250 - FallersOphir Energy (OPHR) 190.00p -6.27%EnQuest (ENQ) 70.50p -5.11%Kazakhmys (KAZ) 218.60p -5.08%Hochschild Mining (HOC) 107.50p -4.87%Supergroup (SGP) 919.00p -3.57%Synthomer (SYNT) 212.80p -3.10%Kier Group (KIE) 1,484.00p -3.07%Vedanta Resources (VED) 806.00p -2.95%Afren (AFR) 92.00p -2.95%Petra Diamonds Ltd.(DI) (PDL) 170.10p -2.91%
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20 Feb 2024 15:29

London close: Stocks finish lower on fresh China concerns

(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

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20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

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20 Feb 2024 11:20

London midday: Stocks mixed after China makes bigger rate cut

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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20 Feb 2024 08:19

TOP NEWS: Barclays eyes GBP2 billion cost cuts and promises returns

(Alliance News) - Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years.

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20 Feb 2024 07:47

LONDON BRIEFING: Barclays announces GBP1b buyback as 2023 profit falls

(Alliance News) - Stocks in London are called lower on Tuesday, following a US holiday, and a mixed performance in Asian markets.

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20 Feb 2024 07:01

Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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19 Feb 2024 16:10

Tuesday preview: China rate decision, Barclays in focus

(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

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16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.

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15 Feb 2024 11:59

REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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15 Feb 2024 07:24

Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

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13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
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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