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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: 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: Financials, miners lift Footsie higher

Mon, 28th May 2012 11:43

- Support for New Democracy increases - Financials, miners advance in morning trade- Some European, US markets closed todayReports of rising popularity for Greece's New Democracy party were giving a lift to London's FTSE 100 on Monday morning as fears over an exit from the Eurozone eased.Several opinion polls published this weekend showed the pro-bailout party New Democracy as the favourite to win the elections in Greece on June 17th. Specifically, five separate polls show New Democracy leading by a margin of 0.5 to 5.7 points. This would put the group ahead of the radical left wing Syriza party that opposes the terms of the second bailout signed with the "troika" (name given to the combination of the EU, the IMF and the ECB). "It's clear that this information should calm the markets down somewhat and Greece's leaders are trying to take advantage," say analysts at Citigroup. "New Democracy leader Samaras is already warning that the country could go bankrupt and leave the euro if the agreement with the Troika was broken. He also says that the new Greek currency could plunge 50%, inflation could shoot up 25% and the debt-to-GDP ratio would double."However, concerns about Spain were also in focus today after the government was asked for €19bn in aid from troubled financial institution Bankia in order to strengthen its solvency. Rumours of further recapitalisation across the sector were also doing the rounds.Equity markets are closed in Austria, Denmark, Hungary, Norway, Switzerland and the US today for a bank holiday. FTSE 100: Financials, miners benefit from increased risk appetiteFinancial stocks and mining groups, two sectors sensitive to the global economic outlook, were performing well as the newsflow surrounding Greece improved. Lloyds was a high riser by midday, while banking peers Barclays and RBS were also making gains.Copper mining groups Rio Tinto and BHP Billiton were tracking copper prices higher on the back of falling stockpiles in China and favourable comments by Citigroup -Citi analyst Heath Jansen this morning adjusted his short-term view on the copper industry from bearish to neutral.Oil and gas giant BG Group was making gains this morning, helped by comments at Galvan Research and Trading who said that the shares, whilst currently below 1,300p, "are in bargain territory".Shares in British Airways parent International Airlines Group (IAG) fell after the president of Bankia (which holds a 12% interest in IAG) said the bank would sell assets to raise much needed funds. As well, there are reports that Madrid will look to privatize stakes in state companies, which may include selling their stakes in companies such as IAG.Outsourcing group Capita was on the up after UBS upgraded the stock from neutral to buy on the back of improving trading momentum combined with a depressed valuation. Aggreko was also benefitting from an upgrade from AlphaValue from sell to add.Guiness owner Diageo was in demand after saying that it is set to buy Ypioca, one of Brazil's largest cachaca brands in Brazil, for £300m in cash.Rolls-Royce, the global power systems company, was also higher after saying it has secured contract extensions with the Royal Air Force worth almost £100m. FTSE 250: AVEVA jumps after full-year resultsEngineering software company AVEVA surged on the second-tier index after it reported record profits for the 12 months ended March 21st as the firm capitalised on growing demand from deep-water oil and gas exploration. Satellite group Inmarsat rose strongly after Jefferies upgraded its rating on the stock from hold to buy, saying that it now has greater visibility on the issues cited behind the August 2011 profit warnings.FTSE 100 - RisersRio Tinto (RIO) 2,896.50p +3.63%Lloyds Banking Group (LLOY) 26.73p +3.62%Weir Group (WEIR) 1,607.00p +3.54%ITV (ITV) 79.10p +3.26%Capita (CPI) 630.50p +3.19%Antofagasta (ANTO) 1,049.00p +3.15%Xstrata (XTA) 939.70p +2.97%Kazakhmys (KAZ) 698.00p +2.65%Burberry Group (BRBY) 1,407.00p +2.55%BHP Billiton (BLT) 1,747.00p +2.55%FTSE 100 - FallersInternational Consolidated Airlines Group SA (CDI) (IAG) 138.70p -1.56%Severn Trent (SVT) 1,680.00p -1.23%Kingfisher (KGF) 277.00p -1.04%Centrica (CNA) 310.30p -0.77%National Grid (NG.) 679.50p -0.73%Resolution Ltd. (RSL) 201.10p -0.64%United Utilities Group (UU.) 645.00p -0.62%SSE (SSE) 1,352.00p -0.52%British Sky Broadcasting Group (BSY) 695.50p -0.50%Tesco (TSCO) 308.60p -0.31%FTSE 250 - RisersAveva Group (AVV) 1,650.00p +11.41%Cape (CIU) 222.10p +8.34%Aquarius Platinum Ltd. (AQP) 73.40p +7.86%Dixons Retail (DXNS) 14.84p +6.08%Ferrexpo (FXPO) 218.00p +5.62%Ruspetro (RPO) 155.20p +4.44%JD Sports Fashion (JD.) 735.00p +4.11%Stobart Group Ltd. (STOB) 114.90p +4.08%Ashtead Group (AHT) 228.10p +4.06%Afren (AFR) 117.80p +3.88%FTSE 250 - FallersDunelm Group (DNLM) 498.70p -1.25%Britvic (BVIC) 341.80p -1.21%ITE Group (ITE) 195.00p -1.02%Jardine Lloyd Thompson Group (JLT) 675.00p -0.88%Phoenix Group Holdings (DI) (PHNX) 436.10p -0.86%Restaurant Group (RTN) 281.80p -0.77%Brewin Dolphin Holdings (BRW) 141.50p -0.70%Rank Group (RNK) 119.70p -0.66%PayPoint (PAY) 616.00p -0.65%Grainger (GRI) 91.45p -0.54%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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