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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: 209.75
Bid: 209.70
Ask: 209.75
Change: 7.40 (3.66%)
Spread: 0.05 (0.024%)
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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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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9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

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9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

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9 Feb 2024 12:46

Barclays pledges to stop directly financing new oil and gas projects

(Alliance News) - Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy.

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9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

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9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

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26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

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26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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