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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: 204.85
Bid: 204.75
Ask: 204.80
Change: -3.20 (-1.54%)
Spread: 0.05 (0.024%)
Open: 208.05
High: 208.90
Low: 202.90
Prev. Close: 208.05
BARC Live PriceLast checked at -

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London midday: Euro boost for stocks again

Mon, 17th Oct 2011 12:08

Stocks are buoyant this morning with attention once again focused on the Eurozone.STOCKS UP ON EUROZONE HOPES Following the weekend meeting of G20 leaders in Paris, the markets will now be looking ahead to a crucial EU summit on 23 October, with Chancellor of the Exchequer George Osborne calling for leaders to take "impressive" action to solve the ongoing debt crisis in the Eurozone."We have heard from eurozone colleagues the action they are working on, but I think they will have left Paris under no misunderstanding that there is a huge amount of pressure on them to deliver a solution to the crisis," Osborne told reporters. "It remains the epicentre of the world's current economic problems. And the European Council is clearly the moment when people are expecting something quite impressive."Meanwhile, the European Commission is expected to announce a new jobs plan worth €50bn through the investment in digital, transport and energy networks across the continent. "Infrastructure finance in Europe has suffered since the financial crisis and banks face new constraints on long term lending. Project bonds could be a way to attract capital from other investors, such as pension funds and insurance companies, and be a useful addition to traditional financing options," said EIB president Philippe Maystadt.BP boost, G4S gutted BP rose over 5% in the opening minutes after it reached agreement with Anadarko Petroleum to settle all claims between the companies related to the Deepwater Horizon accident. Anadarko, which had a 25% interest in the Macondo prospect, will pay BP $4bn in a single cash payment. BP will apply the payment to the $20bn trust it established that is available to meet individual, business and government claims, as well as the cost of the natural resource damages. Anadarko will also transfer all of its 25% interest in the MC252 (Macondo) lease to BP. BP has awarded engineering and project management services (EPMS) firm AMEC with £150m contract to provide EPMS for its "giant" Clair oil field.Heading the other way was G4S after announcing plans to create the world's largest security and facilities services group with the huge £5.2bn purchase of ISS. The transaction will be funded through a combination of new debt facilities and a seven for six rights issue at a price of 122p, a hefty discount to Friday's closing price of 275.2p, which will raise around £2bn.Among smaller companies, shares in property consultant group DTZ took a dive after it announced that majority shareholder Saint Georges Participations has decided not to proceed with a bid for the company.In small caps, shares in Low & Bonar fell back after the maker of industrial fabrics issued a mixed trading update. The company expects profits for the full year to be in line with expectations. "We are pleased to be able to report that the overall demand for our key products continues to be robust, and we expect that volumes will be ahead of the second half of last year, despite strong comparatives in that period," the company said. FTSE 100 - RisersBP (BP.) 437.40p +5.04%Essar Energy (ESSR) 290.40p +2.98%Amec (AMEC) 886.00p +2.90%Royal Bank of Scotland Group (RBS) 24.90p +2.64%Man Group (EMG) 161.60p +2.54%Schroders (SDR) 1,378.00p +2.45%Aviva (AV.) 347.00p +2.36%Standard Chartered (STAN) 1,448.50p +2.11%Rio Tinto (RIO) 3,400.50p +1.64%Schroders (Non-Voting) (SDRC) 1,164.00p +1.48%FTSE 100 - FallersG4S (GFS) 228.70p -18.99%Serco Group (SRP) 501.50p -2.81%Shire Plc (SHP) 2,030.00p -1.55%Ashmore Group (ASHM) 323.10p -1.43%GKN (GKN) 194.80p -1.42%ITV (ITV) 64.20p -1.15%Unilever (ULVR) 2,085.00p -1.14%Reed Elsevier (REL) 529.00p -1.12%Capita Group (CPI) 705.50p -1.05%Glencore International (GLEN) 418.40p -0.97%FTSE 250 - RisersPremier Foods (PFD) 4.75p +5.56%Afren (AFR) 93.75p +3.59%SIG (SHI) 99.00p +3.07%Genesis Emerging Markets Fund Ltd. (GSS) 466.60p +3.00%Allied Gold Mining (ALD) 167.00p +2.83%JPMorgan Asian Inv Trust (JAI) 192.10p +2.73%New World Resources A Shares (NWR) 518.00p +2.57%JPMorgan Russian Securities (JRS) 483.10p +2.45%Cranswick (CWK) 690.00p +2.30%Centamin Egypt Ltd. (CEY) 103.00p +2.28%FTSE 250 - FallersRenishaw (RSW) 852.00p -5.02%Jupiter Fund Management (JUP) 215.00p -4.19%Dunelm Group (DNLM) 464.70p -3.51%Daejan Holdings (DJAN) 2,568.00p -3.31%Ophir Energy (OPHR) 228.50p -2.77%Mitie Group (MTO) 234.60p -2.57%Oxford Instruments (OXIG) 805.00p -2.42%Laird (LRD) 141.50p -2.41%Micro Focus International Plc (MCRO) 336.80p -2.35%Thomas Cook Group (TCG) 48.12p -2.35%
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Banks tread tricky tightrope with politically exposed clients

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