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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: 192.24
Bid: 192.24
Ask: 192.28
Change: 3.06 (1.62%)
Spread: 0.04 (0.021%)
Open: 191.24
High: 193.58
Low: 190.48
Prev. Close: 189.18
BARC Live PriceLast checked at -

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London midday: Footsie breaches 6,400 on stimulus hopes

Wed, 20th Feb 2013 11:41

The FTSE 100 hit a fresh five-year high in morning trade on Wednesday morning on the back of hopes for further stimulus from the Bank of England, as minutes of the latest rate-setting meeting showed that more policy-makers voted for further asset purchases.London's benchmark index hit an intraday high of 6,410 after the news before settling around the 6,400 mark, a level not seen since January 2008.Minutes from the February meeting of the BoE's Monetary Policy Committee's (MPC) showed that the central bank was a fair bit more dovish than had been thought. The MPC's decision to hold the size of its quantitative easing (QE) programme unchanged at £375bn on February 6-7th was decided upon by a margin of six votes in favour to three against, surprising analysts who had expected to MPC to vote eight-to-one. Even BoE Governor Sir Mervyn King added his name to the list of those calling for more stimulus.The pound slid after the minutes were released and was trading down 0.75% against the dollar at $1.5310 by midday.Analyst Simon Hayes said that it remains "very unclear" if this month's vote marks the start of an "inexorable slide towards more QE". "The MPC appears torn between feeling it should do more to boost demand and worrying that QE may not be the right tool, at least on its own," he said."There appeared to be more appetite on the committee to expand QE if it were done in conjunction with other policy measures to address particular market frictions or market failures that were holding back growth. The minutes record no concrete suggestions or conclusions, however."FTSE 100: RSA plummets after surprise divi cutFull-year results from RSA Insurance were largely in line with estimates, with extreme wet weather in the UK and earthquakes in Italy contributing to a 5.9% fall in operating profit. However, shares tanked after the firm unveiled a 33% cut in its annual dividend due to the likelihood for a prolonged period of low bond yields. Banking group Barclays was also under the weather after Goldman Sachs downgraded its rating for the stock to 'neutral' and cut its target price from 350p to 340p.BHP Billiton was also lower after announcing a new CEO as its half-year profits dropped 58% on the back of weak commodity prices and a strong Australian dollar.Rexam, the consumer packaging group, was a high riser despite saying that pre-tax profits fell 11.9% in 2012. The company raised its dividend by 6.0%.Industrial engineering group Weir gained after spending £55m on three acquisition to strengthen its presence in the fast-growing mining markets.Natural gas giant BG Group was higher on reports that it has Goldman Sachs to help analyse options for selling part of the infrastructure linked to its Australian liquefied natural gas project. Telecoms firm Vodafone fell after spending £790m on buying spectrum licences for ultra-fast 4G mobile networks. However, BT, which spent £186m on a different band, was in demand.FTSE 250: Travis Perkins slumps on cautious commentsBuilding materials group Travis Perkins fell after saying that "volatile conditions will persist in the shot term". Nevertheless, the company was able to increase pre-tax profits by 16.2% in 2012, while revenue rose 1.4%.Wealth management group Rathbone Brothers was also lower despite saying that funds under management rose 13.4% in 2012.House-builder Galliford Try gained after lifting its dividend by a third in spite of a 9.0% fall in group revenue and flat profits in 2012.FTSE 100 - RisersRexam (REX) 500.00p +4.89%Royal Bank of Scotland Group (RBS) 353.00p +2.29%Melrose Industries (MRO) 247.90p +2.14%ARM Holdings (ARM) 960.00p +1.96%Unilever (ULVR) 2,661.00p +1.92%Sage Group (SGE) 343.20p +1.78%Tate & Lyle (TATE) 812.50p +1.63%British American Tobacco (BATS) 3,444.50p +1.61%Schroders (SDR) 2,004.00p +1.47%BG Group (BG.) 1,163.00p +1.39%FTSE 100 - FallersRSA Insurance Group (RSA) 117.20p -14.01%Aviva (AV.) 355.90p -3.60%BHP Billiton (BLT) 2,176.50p -2.66%Fresnillo (FRES) 1,521.00p -1.68%Rio Tinto (RIO) 3,655.00p -1.58%Barclays (BARC) 320.00p -1.54%Antofagasta (ANTO) 1,083.00p -1.10%International Consolidated Airlines Group SA (CDI) (IAG) 227.90p -0.91%Vedanta Resources (VED) 1,274.00p -0.86%Xstrata (XTA) 1,167.50p -0.85%FTSE 250 - RisersBarratt Developments (BDEV) 241.10p +3.12%Savills (SVS) 522.00p +2.76%Bovis Homes Group (BVS) 684.00p +2.55%BBA Aviation (BBA) 239.50p +2.53%Alent (ALNT) 350.00p +2.46%Cobham (COB) 231.40p +2.43%Balfour Beatty (BBY) 280.40p +2.41%Taylor Wimpey (TW.) 79.30p +2.32%St. Modwen Properties (SMP) 279.00p +2.31%Inchcape (INCH) 516.00p +2.28%FTSE 250 - FallersBumi (BUMI) 378.50p -4.42%Catlin Group Ltd. (CGL) 504.50p -4.00%Petropavlovsk (POG) 309.00p -3.35%Hochschild Mining (HOC) 412.80p -3.30%Sports Direct International (SPD) 423.70p -3.04%Travis Perkins (TPK) 1,271.00p -2.83%Renishaw (RSW) 1,802.00p -2.59%Rathbone Brothers (RAT) 1,408.00p -2.22%IP Group (IPO) 126.00p -1.95%Ferrexpo (FXPO) 282.40p -1.64%BC
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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.

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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.

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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.

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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:

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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:

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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.

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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
  
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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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.

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12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

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11 Apr 2024 14:15

Barclays hires UBS banker Abati as co-head of energy transition for EMEA

LONDON, April 11 (Reuters) - Barclays has hired Rafael Abati from UBS as one of two senior bankers to lead its energy transition investment banking business in Europe, the Middle East and Africa (EMEA), Barclays said in a statement.

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10 Apr 2024 19:26

Barclays reduces Fed rate cut view to one in 2024

NEW YORK, April 10 (Reuters) - Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the consumer price index (CPI) data released today.

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9 Apr 2024 16:27

Sabadell feels no pressure from British M&A activity to sell TSB

ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.

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9 Apr 2024 12:20

PRESS: Barclays mounts challenge to UK car finance ruling - Sky

(Alliance News) - Barclays PLC has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker, Sky News reported late Monday.

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5 Apr 2024 09:53

OSB promotes Victoria Hyde to chief financial officer

(Alliance News) - OSB Group PLC on Friday named Victoria Hyde as its chief financial officer, with effect from May 10.

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4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

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