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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: 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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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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