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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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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

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5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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