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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: 202.35
Bid: 202.15
Ask: 202.25
Change: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.35
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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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24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

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24 Nov 2023 15:03

London close: Stocks mixed on quiet Friday

(Sharecast News) - Market performance showed a mixed trend in London today, with movements relatively subdued after the Thanksgiving holiday across the pond.

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24 Nov 2023 11:42

LONDON MARKET MIDDAY: Stocks edge lower in quiet Thanksgiving trade

(Alliance News) - Stock prices in London were down midday on Friday, in a quiet day of trade as the Thanksgiving holiday saw global markets "hit the snooze button."

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24 Nov 2023 09:20

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.

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24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

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

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12 Nov 2023 20:09

Sunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank

(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday

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3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

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27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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