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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: 210.35
Bid: 209.85
Ask: 209.95
Change: 8.00 (3.95%)
Spread: 0.10 (0.048%)
Open: 204.25
High: 210.65
Low: 204.10
Prev. Close: 202.35
BARC Live PriceLast checked at -

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London midday: Banks lead risers ahead of US jobs data

Fri, 02nd Dec 2011 11:52

The Footsie was trading close to its highest levels of the day at midday as markets await a key jobs report from the US, which some are expecting to beat consensus forecasts.ALL EYES ON THE JOBS REPORTThe US Labor Department will release its monthly employment report at 13:30, in which analysts are expecting 125,000 jobs to have been added to payrolls last month. Forecasts have been raised recently after a string of positive economic data such as Wednesday's ADP employment report which showed a 206,000 rise in private payrolls for the month of November (Consensus: +130,000). In the Eurozone, comments from German Chancellor Angela Merkel and French President Nicolas Sarkozy about fiscal union have helped lift the mood. Merkel told the Bundestag this morning: "Anyone who, a few months ago, had said that at the end of the year 2011 we would have taken very serious and concrete steps towards a European stability union, a European fiscal union, for introducing such drastic intervention, would have been considered crazy. Now, this is exactly what's on the agenda. We're almost there" [translation by the Guardian]. Yesterday, Sarkozy insisted on the need for governmental convergence amidst the Eurozone members. "There can't be a single currency without (these) economies heading towards more convergence."Boosting sentiment in London was the Markit/CIPS purchasing managers' index for the construction sector which came in better than expected. The index fell to 52.3 in November, from 53.9 the previuos month, but slightly better than expectations of 52.2. "While growth was slower than October, construction companies are reporting a rise in new contract wins, which suggests an increased willingness to invest in new projects, a reason for optimism," said David Noble, chief executive officer of the Chartered Institute of Purchasing & Supply.BANKS, RESOURCE STOCKS IN DEMAND AS RISK APPETITE INCREASESBanking peers Barclays, Lloyds Banking Group, Royal Bank of Scotland and Standard Chartered were making strong gains, in line with the broader European banking sector, as fears over the Eurozone crisis eased. RBS announce today that it is to sell its tenanted pub business of 918 pubs to the Scottish and Newcastle Pub Company (S&NPC) for £418m. Commodities prices were on the way up, boosting the share prices of resource stocks such as BHP Billiton, Vedanta Resources, Essar Energy, Kazakhmys, Xstrata and Antofagasta.Car insurer Admiral was the worst performer of the day, not helped by Investec which said that the stocks is "going like a freight train...downhill". The broker cut its target price from 843p to 570p and maintained its sell rating.Pharmaceuticals giant Shire was out of favour along with a host of defensive stocks. However, the stock could have been weighed down by a Financial Times article, which pointed out what several analysts have been arguing, that there are ongoing risks: Shire's attention deficit hyperactivity treatment could become a target for the anti-medication lobby in the US; there's also a chance of a price war over its drug for Gaucher's disease.Other defensives, including utilities giants SSE, Severn Trent and National Grid, also fell.BCFTSE 100 - RisersBarclays (BARC) 187.60p +5.90%ICAP (IAP) 364.40p +5.84%BHP Billiton (BLT) 2,009.00p +4.47%Essar Energy (ESSR) 239.20p +4.45%Lloyds Banking Group (LLOY) 25.06p +4.42%Glencore International (GLEN) 409.45p +4.38%Vedanta Resources (VED) 1,099.00p +4.27%Fresnillo (FRES) 1,812.00p +4.08%Royal Bank of Scotland Group (RBS) 21.37p +3.99%Kazakhmys (KAZ) 953.00p +3.81%FTSE 100 - FallersAdmiral Group (ADM) 881.00p -3.40%SSE (SSE) 1,298.00p -1.52%Morrison (Wm) Supermarkets (MRW) 318.70p -1.30%Rolls-Royce Group (RR.) 725.00p -1.16%Land Securities Group (LAND) 678.50p -1.09%Severn Trent (SVT) 1,537.00p -1.03%Reckitt Benckiser Group (RB.) 3,183.00p -0.87%Unilever (ULVR) 2,098.00p -0.80%National Grid (NG.) 623.50p -0.64%Centrica (CNA) 300.60p -0.36%FTSE 250 - RisersCarpetright (CPR) 434.90p +11.48%Aquarius Platinum Ltd. (AQP) 186.60p +8.68%Pace (PIC) 55.95p +8.54%Home Retail Group (HOME) 97.75p +8.13%Supergroup (SGP) 524.00p +6.50%SDL (SDL) 621.00p +5.97%Redrow (RDW) 117.90p +5.27%Anglo Pacific Group (APF) 275.90p +5.23%Berkeley Group Holdings (BKG) 1,330.00p +4.97%Bellway (BWY) 788.50p +4.51%FTSE 250 - FallersSThree (STHR) 223.90p -8.24%Thomas Cook Group (TCG) 15.77p -5.51%Michael Page International (MPI) 367.90p -3.16%Domino's Pizza UK & IRL (DOM) 440.50p -2.35%Carillion (CLLN) 290.50p -2.32%Spirent Communications (SPT) 120.60p -2.27%Exillon Energy (EXI) 269.00p -2.22%Elementis (ELM) 149.70p -1.84%Synergy Health (SYR) 850.00p -1.73%Diploma (DPLM) 340.00p -1.56%
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21 Feb 2024 08:59

IN BRIEF: Barclays begins GBP1.00 billion share buyback programme

Barclays PLC - London-based banking group - Commences share buyback programme for up to GBP1.00 billion. The buyback will run until November 20, and is intended to reduce the share capital of the company, Barclays says. The maximum number of ordinary shares that may be repurchased under the programme is 1.09 billion.

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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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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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