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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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10 Jan 2024 13:00

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NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.

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5 Jan 2024 09:50

IN BRIEF: Prudential to buy back 4 million shares to offset awards

Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.

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21 Dec 2023 12:59

Barclays extends lease on Canary Wharf headquarters until 2039

LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.

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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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