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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 midday: Banks decline on LIBOR probe

Fri, 26th Oct 2012 11:36

- Markets nervous ahead of US GDP- More banks linked to LIBOR manipulation- German confidence beats forecastsCaution ahead of today's US gross domestic product (GDP) report and news that more banks have been tied to the LIBOR manipulation scandal weighed on European markets on Friday, with the FTSE 100 firmly in the red by midday."This week will likely be remembered for investor's complacency in the face of risk and preferring to stay on the side lines as uncertainty plagued the markets," said financial trader Shavaz Dhalla from Spreadex.Markets have been digesting a barrage of mixed economic data over the past few days, such as: poor trade balance figures from Japan; contrasting manufacturing data from the Eurozone and China; minutes of the latest Federal Reserve policy meeting; and a better-than-expected reading of UK GDP yesterday (to mention a few).As for the US GDP report, it is scheduled for realise at 13:30 (London time) and is expected to see the US economy expand at an annualised rate of 1.9% in the third quarter, an acceleration from the 1.3% growth in the preceding three months. However, investors are nervous after the flurry of corporate earnings reports from the US over last few days have failed to give markets a boost with some heavy hitters - including Amazon and Apple last night - disappointing.In other news, Greece is thought to be close to agreeing a deal with the Troika which should then be voted on by parliament. Market analyst Craig Erlam from Alpari explained: "The deal appears to centred around the idea that Greece will have an extra two years to hit its fiscal targets, something Germany has refused to confirm at this point. There is still no guarantee it will be signed off by Greece's creditors, however they are likely to respect the Troika's report."German consumer confidence moved higher to a November reading of 6.3 points from 6.1 points in October, according to the GfK Institute. The market was expecting a reading of 5.9. The previous month's reading was revised from 5.9 to 6.1.FTSE 100: Banks take a hit on LIBOR probeBanking stocks were under pressure this morning after The Wall Street Journal reported last night that the probe into the manipulation of the London Interbank Offered Rate (LIBOR) has spread to nine more banks. These nine, which include Lloyds, Credit Suisse and Bank of America, have received subpoenas in connection with a probe, the paper said citing a person close to the matter. In London, Lloyds, RBS and Barclays were among the worst performers.Engineering giant Weir was a high riser after Morgan Stanley raised its target price for the stock from 1,440p to 1,670p. The broker still maintained its 'underweight' rating though.ARM Holdings was out of favour after Apple's results failed to meet expectations last night. The chip designer's products are found in some of Apple's gadgets, such as iPhones and iPads.Pharmaceuticals giant Shire was a heavy faller despite Deutsche Bank, UBS and Credit Suisse reiterating their 'buy' and 'overweight' ratings on the stock this morning. Shares were pulling back after a solid rise yesterday on the back its third-quarter results. Among the risers was diversified mining titan Anglo American after announcing that it is on the look out for another CEO after Cynthis Carroll revealed her decision to resign. "It is a very difficult decision to leave, but next year I will be entering my seventh year as Chief Executive and I feel that the time will be right to hand over to a successor who can build further on the strong foundations we have created," she said. FTSE 250: Elementis sinks on oilfield drilling slowdown?Speciality chemicals group Elementis was a heavy faller after saying that full-year headline operating profits will be hit by a temporary slowdown in oilfield drilling. Nevertheless, the group said it remains on track to hit earnings per share (EPS) forecasts this year due to a lower tax rate. ??African Barrick Gold also dropped after scaling back its production guidance for the full year following a "challenging" third quarter which saw output and sales shrink dramatically year-on-year. FTSE 100 - RisersWeir Group (WEIR) 1,739.00p +3.02%Anglo American (AAL) 1,896.00p +2.07%Admiral Group (ADM) 1,113.00p +0.82%Pearson (PSON) 1,221.00p +0.74%Associated British Foods (ABF) 1,380.00p +0.36%Morrison (Wm) Supermarkets (MRW) 271.00p +0.30%BAE Systems (BA.) 310.30p +0.06%IMI (IMI) 918.00p -0.05%Sainsbury (J) (SBRY) 353.10p -0.11%WPP (WPP) 788.50p -0.13%FTSE 100 - FallersKazakhmys (KAZ) 710.00p -3.53%Fresnillo (FRES) 1,877.00p -2.75%Shire Plc (SHP) 1,722.00p -2.66%Wood Group (John) (WG.) 826.00p -2.65%Melrose (MRO) 231.40p -2.65%ARM Holdings (ARM) 647.50p -2.63%CRH (CRH) 1,089.00p -2.24%Prudential (PRU) 834.50p -2.17%Schroders (SDR) 1,510.00p -2.14%Petrofac Ltd. (PFC) 1,530.00p -2.11%FTSE 250 - RisersHeritage Oil (HOIL) 199.50p +2.31%JD Sports Fashion (JD.) 769.00p +2.26%NMC Health (NMC) 187.70p +2.01%Diploma (DPLM) 480.70p +1.31%Man Group (EMG) 81.10p +1.31%Drax Group (DRX) 555.00p +1.28%Oxford Instruments (OXIG) 1,353.00p +1.20%Utilico Emerging Markets Ltd (DI) (UEM) 163.90p +1.17%Ocado Group (OCDO) 66.65p +1.14%Raven Russia Ltd (RUS) 67.40p +1.05%FTSE 250 - FallersElementis (ELM) 203.00p -6.45%New World Resources A Shares (NWR) 264.50p -5.37%F&C Asset Management (FCAM) 96.00p -4.95%Lonmin (LMI) 476.50p -4.34%African Barrick Gold (ABG) 460.60p -4.34%Centamin (DI) (CEY) 96.45p -3.26%Jupiter Fund Management (JUP) 260.90p -2.90%Barratt Developments (BDEV) 184.10p -2.70%Hunting (HTG) 755.00p -2.58%PayPoint (PAY) 765.00p -2.55%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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