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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: ECB, political uncertainty in focus as stocks fall

Wed, 02nd Oct 2013 11:27

The FTSE 100 suffered steep losses on Wednesday morning as buyers showed caution ahead of a policy decision in Europe, whilst political uncertainty in the US and Italy continues to erode risk appetite.The all-important European Central Bank (ECB) policy decision is due at 12:45 this afternoon, though the general consensus is expecting the benchmark interest rate to be held at 0.5%. The subsequent press conference with Mario Draghi will be closely watched with the ECB President expected to give very dovish comments, in line with last month's speech.Alastair McCaig, Market Analyst at IG, said: "The early-afternoon statement is unlikely to signal any change in the base rate, but may give a little more guidance on longer-term strategy. As much as Europe appears to have its own issues, the wrangling on the other side of the Atlantic will probably dictate European market sentiment.Sharp falls from retail bellwethers Tesco and Sainsbury following their results were also weighing on sentiment this morning in London with the FTSE 100 extending losses after hitting a one-month low the day before. The index finished at 6,460.01 on Tuesday; the last time it closed lower was on August 30th.US and Italian politics in focusThe partial shutdown of the US government continues to grab headlines today given that it is the first shutdown in 17 years. As such, some 800,000 federal workers will be on unpaid leave for a second straight day today as the US government shuts down non-essential agencies indefinitely until politicians can agree on a budget.While investors continue to gauge the impact of the shutdown on economic growth, the focus is now turning to the deadline of the debt ceiling on October 17th. If an agreement is not made to raise this limit, then the government will run out of the cash and will likely default on its debt obligations."Given that neither side has been in a rush in the past to negotiate, this could mean two more weeks of uncertainty for the markets and therefore, more risk aversion from investors. That said, once a deal is done, it's only a matter of time until we're talking about indices being back at record highs," said Market Analyst Craig Erlam from Alpari.Over in Italy, Prime Minister (PM) Enrico Letta will today face a confidence vote in parliament after centre-right PDL leader and former PM Silvio Berlusconi called some of ministers to leave the government. Addressing the Senate ahead of the vote, Letta said a collapse of his government would be a "fatal risk" for the country. A number of key PDL figures have already said they would back Letta."It is a public humiliation for Berlusconi, and although reports suggest he will now show support to Letta to try and keep his seat at the table, this act of desperation is further evidence that the damage may already be done," said Senior Sales Trader Nick Dale-Lace from CMC Markets.FTSE 100: Supermarkets in focus after resultsThe focus was on supermarket giant Tesco today which was registering steep losses after disappointing the market with its interim results. Half-year underlying pre-tax profit fell 7.4% to £1.4bn as an improvement in the UK was offset by tough market conditions in Europe and Asia. Sainsbury was also lower though losses were trimmed slightly by midday after the company said it had outperformed rival retailers in its fiscal second quarter. The company reported a 5% increase in sales, accelerating from the 3.6% growth in the first three months of the year, as it continues to grow its market share.Sector peer Morrison was also trading in the red after going ex-dividend this morning, meaning that from today investors will no longer be able to get their hands on the company's latest payout. Intertek, British Land and Weir also went ex-div today.Mining stocks were also lower as metal prices fluctuated after some sharp losses; gold hit an eight-week low on Tuesday.Randgold was out of favour after Citigroup downgraded the stock on to 'sell'. Sector peer Fresnillo, trading broadly flat by midday, was also cut to 'sell'.Leading the upside were utility stocks with National Grid, Severn Trent, SSE and Centrica heading higher. Banking group Barclays was in demand after Societe Generale upgraded its rating to 'buy'. Lender RBS also edged higher.FTSE 250: Dunelm disappoints; Domino's deliversSoft furnishings retailer Dunelm said soaring temperatures eroded sales at the start of the quarter, causing shares to take a hit this morning. The firm said that first-quarter like-for-like (LFL) sales were down 5.3%.The hot weather also slowed down sales growth at Domino's Pizza, but the company pleased investors this morning as it was still able to grow LFL sales in all its four markets during the third quarter. The firm also said that growth was also boosted by online sales which continue to rise strongly.Mining group Hochschild was a heavy faller after saying it would raise up to $96m via an equity placing to help fund the buy-out of two of its assets in Peru for $280m. It currently owns 60% of the Pallancata mine and the Inmaculda project but is looking to acquire the remaining 40% through the purchase of International Minerals.FTSE 100 - RisersNational Grid (NG.) 745.00p +1.92%Barclays (BARC) 272.40p +0.96%Severn Trent (SVT) 1,787.00p +0.73%SSE (SSE) 1,479.00p +0.68%Sage Group (SGE) 332.70p +0.64%Aviva (AV.) 410.10p +0.49%Tate & Lyle (TATE) 741.50p +0.47%IMI (IMI) 1,466.00p +0.41%Royal Bank of Scotland Group (RBS) 369.20p +0.24%Centrica (CNA) 368.90p +0.22%FTSE 100 - FallersTesco (TSCO) 346.10p -3.62%Coca-Cola HBC AG (CDI) (CCH) 1,773.00p -2.85%Intertek Group (ITRK) 3,264.00p -2.68%GKN (GKN) 341.70p -2.23%Pearson (PSON) 1,223.00p -2.16%Tullow Oil (TLW) 1,010.00p -2.04%easyJet (EZJ) 1,292.00p -1.97%Unilever (ULVR) 2,316.00p -1.78%Melrose Industries (MRO) 297.30p -1.72%Smiths Group (SMIN) 1,395.00p -1.69%FTSE 250 - RisersDomino's Pizza Group (DOM) 620.00p +5.26%COLT Group SA (COLT) 121.40p +4.03%Oxford Instruments (OXIG) 1,361.00p +2.33%Perform Group (PER) 553.00p +2.31%BH Global Ltd. USD Shares (BHGU) 11.78 +1.90%Kenmare Resources (KMR) 28.44p +1.57%Soco International (SIA) 404.10p +1.53%Jupiter Fund Management (JUP) 374.30p +1.46%BH Macro Ltd. USD Shares (BHMU) 20.69 +1.42%Redrow (RDW) 237.60p +1.32%FTSE 250 - FallersHochschild Mining (HOC) 156.90p -10.09%Ophir Energy (OPHR) 311.10p -6.15%Dunelm Group (DNLM) 882.00p -4.75%Genus (GNS) 1,405.00p -3.10%ICAP (IAP) 359.20p -2.89%Man Group (EMG) 80.70p -2.89%Workspace Group (WKP) 467.80p -2.74%Bank of Georgia Holdings (BGEO) 1,893.00p -2.67%Countrywide (CWD) 535.50p -2.64%AZ Electronic Materials SA (DI) (AZEM) 284.40p -2.60%BC
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LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

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

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12 Mar 2024 08:42

UPDATE: York consortium sells call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC on Tuesday confirms that BCP York Holdings LP sold call options over around 10 million voting shares in LSEG, having announced plans to do so after the London market close on Monday. The call options were sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters didn't participate in the call option transaction.

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11 Mar 2024 19:21

IN BRIEF: Consortium to sell call options over 10 million LSEG shares

London Stock Exchange Group PLC - London-based stock market operator and data provider - JP Morgan Securities PLC says BCP York Holdings LP intends to sell call options over around 10 million voting shares in LSEG. Shares to be sold to Barclays Bank PLC, Merrill Lynch International, Citigroup Global Markets Ltd, Goldman Sachs International, JP Morgan Securities PLC and Morgan Stanley & Co International PLC. The call option shares represent around a 1.9% economic and voting interest in LSEG. BCP York is an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc, and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte Ltd, Thomson Reuters Corp and certain other minority holders. Thomson Reuters will not participate in the call option transaction.

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1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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1 Mar 2024 10:08

IN BRIEF: AB Foods appoints Barclays to run GBP250 million buyback

Associated British Foods PLC - London-based food and ingredient company and owner of fast-fashion retailer Primark - Enters agreement with Barclays Capital Securities Ltd to run the second tranche of AB Food's GBP500 million share buyback programme. The second tranche will be for up to GBP250 million and commence following the completion of the first tranche of the programme, expected before May 1. The first tranche, conducted by UBS Group AG, commenced on November 14. All shares repurchased will be cancelled.

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29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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27 Feb 2024 16:08

Barclays to sell $1.1bn of card debt to Blackstone - report

(Sharecast News) - Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.

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27 Feb 2024 11:33

IN BRIEF: Faruqui of Barclays named new Takeover Panel head

Barclays PLC - London-based bank - Omar Faruqui, "one of Barclays' most experienced advisory practitioners," is named as next director general of the UK's Takeover Panel, effective from May 1. Faruqui is Barclays' co-head of Europe, Middle East & Africa Mergers & Acquisitions; co-head of UK Advisory; and on the management team of EMEA Investment Banking. After taking up the director general post, he will be on a two-year secondment from Barclays.

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27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

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

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26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

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22 Feb 2024 14:23

UK dividends calendar - next 7 days

Friday 23 February 
abrdn Asian Income Fund Ltddividend payment date
abrdn Property Income Trust Ltddividend payment date
Capital Gearing Trust PLCspecial dividend payment date
CQS Natural Resources Growth & Income PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Ferrexpo PLCdividend payment date
Foresight Solar Fund Ltddividend payment date
Games Workshop Group PLCdividend payment date
Gooch & Housego PLCdividend payment date
Henderson Far East Income Ltddividend payment date
Hollywood Bowl Group PLCspecial dividend payment date
Impact Healthcare REIT PLCdividend payment date
Impellam Group PLCspecial dividend payment date
JPMorgan Global Core Real Assets Ltddividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
Marwyn Value Investors Ltddividend payment date
Octopus Renewables Infrastructure Trust PLCdividend payment date
Primary Health Propertiesdividend payment date
RWS Holdings PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
Target Healthcare REIT PLCdividend payment date
Victrex PLCdividend payment date
Monday 26 February 
Dewhurst Group PLCdividend payment date
JPMorgan Mid Cap Investment Trust PLCdividend payment date
Tuesday 27 February 
JPMorgan UK Smaller Cos Investment Trust PLCdividend payment date
Wednesday 28 February 
Canadian General Investments Ltdex-dividend payment date
CQS New City High Yield Fund Ltddividend payment date
PetroTal Corpex-dividend payment date
Thursday 29 February 
abrdn Equity Income Trust PLCex-dividend payment date
Alliance Trust PLCex-dividend payment date
Ashmore Group PLCex-dividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Bankers Investment Trust PLCdividend payment date
Barclays PLCex-dividend payment date
Brunner Investment Trust PLCex-dividend payment date
City of London Investment Group PLCex-dividend payment date
City of London Investment Trust PLCdividend payment date
Compass Group PLCdividend payment date
Custodian Property Income REIT PLCdividend payment date
Diageo PLCex-dividend payment date
Diverse Income Trust PLCdividend payment date
Diversified Energy Co PLCex-dividend payment date
Downing Renewables & Infrastructure Trust PLCex-dividend payment date
Driver Group PLCex-dividend payment date
Dunedin Income Growth Investment Trust PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
EJF Investments Ltddividend payment date
Fair Oaks Income Ltdex-dividend payment date
Fair Oaks Income Ltd Realisation ex-dividend payment date
Gabelli Merger Plus+ Trust PLCex-dividend payment date
Genus PLCex-dividend payment date
Greencoat UK Wind PLCdividend payment date
Hargreaves Lansdown PLCex-dividend payment date
Hays PLCex-dividend payment date
Henderson International Income Trust PLCdividend payment date
HICL Infrastructure PLCex-dividend payment date
JLEN Environmental Assets Group Ltdex-dividend payment date
LondonMetric Property PLCex-dividend payment date
MJ Gleeson PLCex-dividend payment date
Mobeus Income & Growth 2 VCT PLCex-dividend payment date
NB Private Equity Partners Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCex-dividend payment date
Picton Property Income Ltddividend payment date
Plus500 Ltdex-dividend payment date
Polar Capital Global Financials Trust PLCdividend payment date
Polar Capital Global Healthcare Trust PLCdividend payment date
Regional REIT Ltdex-dividend payment date
Riverstone Credit Opportunities Income PLCex-dividend payment date
Scottish American Investment Co PLCex-dividend payment date
Sequoia Economic Infrastructure Inc Fund Ltddividend payment date
SSP Group PLCdividend payment date
Sylvania Platinum Ltdex-dividend payment date
Taylor Maritime Investments Ltddividend payment date
Tharisa PLCex-dividend payment date
UK Commercial Property REIT Ltddividend payment date
VH Global Sustainable Energy Opportunities PLCex-dividend payment date
VPC Specialty Lending Investments PLCex-dividend payment date
Warehouse REIT PLCex-dividend payment date
Wilmington PLCex-dividend payment date
  
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21 Feb 2024 11:17

LONDON BROKER RATINGS: Unilever and Aviva both raised to 'buy'

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

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21 Feb 2024 09:36

Berenberg raises target price on Barclays

(Sharecast News) - Analysts at Berenberg raised their target price on banking giant Barclays from 240.0p to 270.0p on Wednesday, stating the stock's current level of returns remains "chronically undervalued".

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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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