The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Financials provide a drag, Chinese data disappoints

Mon, 12th Mar 2012 12:10

- Chinese deficit figures disappoint.- Eurogroup meet in Brussels to sign off on Greek bailout.- Former RBS directors sued.Some disappointing economic data from China took the shine off a better-than-expected US jobs report on Friday, as the Footsie opened the week on a dull note with stocks slightly lower by midday.Chinese economic indicators out over the weekend seem have dampened sentiment on the markets today which will undoubtedly lead to some increasing their bets on the introduction of new policy easing measures in the Asian giant. Deficit figures revealed a shortfall of $31.5bn in February, the largest in 22 years, with growth in imports coming in at 39.6% while exports only gained by 18.4% from a year earlier. This compares with a surplus of $27.3bn in January, meaning that the nation was in a net deficit in the first two months.Meanwhile in Europe, Eurozone finance ministers are to meet in Brussels later today to finally sign off on the €130bn bailout for Greece. Belgian newspaper De Morgen cited German Finance Minister Wolfgang Schaeuble as saying over the weekend: "nobody can now exclude that Greece at a single moment may need a third bailout." Nevertheless, he said that he has confidence that the measures being taken will "bring the country on the road to recovery."Eric Parnell from Gerring Wealth Management suggests that we should keep our guard up against the Greek situation getting even worse. "The market reaction may not be immediate. Instead, it may take a few weeks before the effects of a Greek default begin to bubble their way to the surface and impact stock prices.""Thus, keeping a close eye on events as they unfold in the aftermath will be prudent," Parnell warns. RBS FALLS AS EX-DIRECTORS HIT WITH LAWSUITBanking giant Royal Bank of Scotland was the worst performer of the day, weighed down by reports that former Chief Executive Fred Goodwin and ex-Chairman Tom McKillop have been sued by a group of investors in relation to the time prior to the bank's government bailout. Sector peers Barclays and Lloyds were also out of favour.Man Group was a heavy faller after HBSC downgraded the stock from overweight to neutral, citing "higher distribution costs and taxes". The target price was also cut, from 150p to 140p.Commodities producer and marketer Glencore International is rumoured to considering a £3.5bn bid for Canadian grain firm Viterra. The Sunday Telegrpah said that the firm is attempting to bolster its agricultural business in North America. Shares were unchanged.Leading the risers was cruise operator Carnival after being upgraded by Exane BNP Paribas from underperform to outperform. Engineering and project management firm AMEC was also doing well after Societe Generale raised its rating from hold to buy.Shares in GKN were off the mark on rumours that the group is considering a £800m takeover of Swedish aerospace group Volvo Aero. Investec said that the deal would be a "good fit" and would help GKN better balance itself away from Automotive and into a higher margin business.Meanwhile, house builders gave a muted reaction to the government's new mortgage scheme. NewBuy will see house builders pay 3.5% of the price of a house into an account held by the lending bank. The government will also guarantee 5.5% of the purchase price. Stewart Baseley, the Executive Chairman of the House Builders' Federation welcomed the news, saying that "the scheme will [...] provide a vital kick-start for house builders large and small who will be able to build the homes and create the jobs that the country desperately needs." Household goods and home construction stocks were down an average 0.12% by midday.FTSE 250: MISYS FALLS AFTER TEMENOS DROPS OUT The merger discussions between financial software developers Misys and Temenos Group have been terminated, but Misys remains in talks with its other suitors regarding a potential takeover. Swiss firm Temenos, long thought of as a natural partner of Misys, has been in discussion with its UK peer since the beginning of February, but the two parties have evidently been unable to agree on a price.Egypt-focused gold miner Centamin was a high riser on the FTSE 250 after having resumed work at its flagship Sukari Gold Mine following last week's labour unrest which brought operations to a standstill. Elsewhere, Game Group was a big mover, dropping nearly 80% early on after the future of the struggling computer video games retailer was thrown into doubt. The company confirmed that it has not been able to source new products from a number of suppliers while its talks with its bankers drag on. Shares were down over 50% by midday.BCFTSE 100 - RisersCarnival (CCL) 1,968.00p +2.55%Morrison (Wm) Supermarkets (MRW) 300.80p +2.04%Kingfisher (KGF) 285.60p +1.20%Prudential (PRU) 729.00p +1.18%Kazakhmys (KAZ) 968.50p +1.10%Hammerson (HMSO) 422.10p +1.08%Amec (AMEC) 1,160.00p +0.96%Vodafone Group (VOD) 170.15p +0.89%Tate & Lyle (TATE) 710.50p +0.85%Land Securities Group (LAND) 722.50p +0.84%FTSE 100 - FallersVedanta Resources (VED) 1,376.00p -3.17%Royal Bank of Scotland Group (RBS) 25.55p -2.48%Rolls-Royce Holdings (RR.) 816.00p -2.28%Barclays (BARC) 235.85p -2.01%Petrofac Ltd. (PFC) 1,681.00p -1.75%Man Group (EMG) 137.60p -1.57%Old Mutual (OML) 162.30p -1.40%Lloyds Banking Group (LLOY) 33.88p -1.35%International Power (IPR) 361.60p -1.20%G4S (GFS) 288.60p -1.20%FTSE 250 - RisersComputacenter (CCC) 390.00p +5.86%Exillon Energy (EXI) 206.90p +3.71%Centamin (DI) (CEY) 84.25p +3.44%CSR (CSR) 254.60p +3.41%Bumi (BUMI) 775.00p +3.40%Supergroup (SGP) 614.00p +3.37%Stobart Group Ltd. (STOB) 133.00p +3.18%Cobham (COB) 216.20p +2.71%Carillion (CLLN) 312.10p +2.29%Homeserve (HSV) 225.40p +2.27%FTSE 250 - FallersInmarsat (ISAT) 477.00p -2.49%Misys (MSY) 332.70p -2.43%Michael Page International (MPI) 478.30p -2.39%Booker Group (BOK) 76.00p -2.06%Ophir Energy (OPHR) 424.30p -2.05%Heritage Oil (HOIL) 164.60p -2.02%Dairy Crest Group (DCG) 340.10p -1.99%Brewin Dolphin Holdings (BRW) 160.40p -1.96%Hiscox Ltd. (HSX) 408.10p -1.85%Premier Farnell (PFL) 212.20p -1.85%
More News
25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:01

Barclays Q1 profits fall 12%

(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.

Read more
24 Apr 2024 22:47

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

NEW YORK, April 24 (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

Read more
24 Apr 2024 19:38

Barclays takes EUR260 million loss from Italian mortgage book sale

(Alliance News) - Barclays PLC on Wednesday said it would book a EUR260 million pretax loss after agreeing the disposal of its Italian mortgage portfolio.

Read more
24 Apr 2024 11:57

Thursday preview: US Q1 GDP, Barclays in focus

(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

Read more
23 Apr 2024 13:26

Gazprom subsidiary ordered to stop Russian lawsuit against UniCredit

LONDON, April 23 (Reuters) - A subsidiary of Russia's Gazprom was on Tuesday ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.

Read more
23 Apr 2024 08:26

Britain's FTSE 100 blue-chip stock index hits record high

LONDON, April 23 (Reuters) - Britain's blue-chip FTSE 100 index hit a record high on Tuesday, following last week's sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to top U.S. earnings later in the week.

Read more
23 Apr 2024 07:59

Citi remains 'overweight' UK banks; HSBC and Barclays 'top picks'

(Sharecast News) - Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull 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.

Read more
12 Apr 2024 08:55

UK regulator struggles to obtain data for motor financing probe

(Alliance News) - The UK Financial Conduct Authority on Friday said it has reminded motor financing companies to maintain adequate financial resources at all times as it continues its review of their activities.

Read more
12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

LONDON, April 12 (Reuters) - British lenders have been told by the Financial Conduct Authority (FCA) to ensure they are adequately prepared to meet the potential costs of customer complaints arising from its review into the motor finance industry.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.