The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

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: 204.35
Bid: 204.75
Ask: 204.85
Change: 0.35 (0.17%)
Spread: 0.10 (0.049%)
Open: 202.00
High: 205.00
Low: 199.20
Prev. Close: 204.00
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: Footsie flat despite heavy falls for G4S and Barclays

Mon, 16th Jul 2012 11:42

- Chinese economic concerns weigh on sentiment- ECB moves to make senior bondholders share burden- G4S, Barclays, Sage, National Grid lead the fallers on FTSE 100UK stocks were trading broadly flat by Monday lunchtime, though sentiment had been dampened by concerns over the Chinese economy and comments from European Central Bank (ECB) President Mario Draghi.After China registered its sixth straight quarterly slowdown in growth last week, Premier Wen Jiabao had some worrying words about his country's economy as he noted that the expected rebound was still not as stable as forecast. "It should be clearly understood that the momentum for a stable rebound in the economy has not yet been established," he warned according to a report from the state-run Xinhua news agency. Meanwhile, the ECB is reported to have changed its stance by supporting the idea of imposing losses on senior bond holders to share the burden of the Spanish bank rescue. According to The Wall Street Journal, ECB President Mario Draghi is now arguing for senior creditors to be held accountable when a bank is pushed into liquidation.Analyst Craig Erlam said: "Many will support the idea in a bid to take the burden off the tax payer. However, with the debt markets so fragile at the moment, the views haven't been well received."FTSE 100: G4S tumbles on Olympics contract loss estimateSecurity solutions firm G4S tumbled from the off after saying that it will incur a loss on its Olympics Games contract of £35-50m after failing to provide the number of staff for the event that it had committed to. Chief Executive Officer Nick Buckles said that the company is "deeply disappointed." The stock was being pressured down further by downgrades by both UBS and Jefferies this morning.UK banking group Barclays was suffering ahead of a meeting between the Treasury Select Committee and the lender's former Chief Operating Officer Jerry del Missier, one of the men at the centre of the LIBOR-fixing scandal.Accountancy software leviathan Sage said it was still waiting for the looked-for pick-up in Europe to happen. While the group assured that it has been trading broadly in line with expectations since the end of March, that didn't stop shares falling over 3% today.National Grid, Britain's biggest distributor of gas and electricity, was lower on the back of Ofgem's plans for the upgrade of the UK's power network. The firm says the initial plans, which envisage up to £22bn of investment between 2013 and 2021, "differ substantially" from its own business plan. Meanwhile, miners were also providing a drag on the Footsie as a result of Wen's comments. Nomura was also providing downward pressure on the sector today after slashing its target prices for numerous miners, citing lower commodity prices. Randgold, Polymetal, ENRC and Kazakhmys were firmly out of favour.Shares in pharmaceutical giant GlaxoSmithKline were higher on the back of reports that it is expected to announce a $2.8bn takeover of Human Genome Sciences at some point today. Reuters, citing people close to the matter, said that the drug-maker is to raise its bid from $13 per share to $14 per share.Mid-cap moversAviation services and newspaper distribution group John Menzies was wanted after announcing that it is to close down its cargo operations at airports in Glasgow, Birmingham, the East Midlands and Manchester.Recruitment firm SThree was lower after posting a 16.9% drop in half-year pre-tax profit as it expanded its international network but maintained its dividend payment.AIM-listed oil and gas group Borders & Southern plummeted 70% after saying that it has been forced to plug and abandon its Stebbing well after being unable to reach all its potential reservoir targets due to "anomalous pressure conditions".FTSE 100 - RisersResolution Ltd. (RSL) 218.80p +3.01%International Consolidated Airlines Group SA (CDI) (IAG) 159.40p +2.31%Smiths Group (SMIN) 1,058.00p +2.03%Schroders (SDR) 1,339.00p +1.90%Morrison (Wm) Supermarkets (MRW) 272.60p +1.23%Kingfisher (KGF) 271.70p +1.15%Babcock International Group (BAB) 878.00p +1.15%Marks & Spencer Group (MKS) 320.00p +1.14%Tesco (TSCO) 317.30p +1.13%Rexam (REX) 434.80p +1.12%FTSE 100 - FallersG4S (GFS) 254.50p -8.68%Barclays (BARC) 156.95p -3.21%Sage Group (SGE) 276.20p -3.09%National Grid (NG.) 678.50p -2.09%Eurasian Natural Resources Corp. (ENRC) 402.20p -1.61%Randgold Resources Ltd. (RRS) 5,830.00p -1.60%Kazakhmys (KAZ) 733.50p -1.41%Polymetal International (POLY) 866.00p -1.25%Burberry Group (BRBY) 1,215.00p -1.14%Anglo American (AAL) 2,023.00p -1.08%FTSE 250 - RisersSalamander Energy (SMDR) 193.00p +7.76%Petra Diamonds Ltd.(DI) (PDL) 129.50p +3.43%Cable & Wireless Communications (CWC) 33.15p +3.37%Computacenter (CCC) 315.90p +3.34%FirstGroup (FGP) 195.50p +3.06%Avocet Mining (AVM) 71.85p +3.01%Ruspetro (RPO) 136.50p +2.94%Britvic (BVIC) 281.00p +2.89%Stobart Group Ltd. (STOB) 120.40p +2.73%Phoenix Group Holdings (DI) (PHNX) 506.00p +2.72%FTSE 250 - FallersKenmare Resources (KMR) 32.98p -2.17%Bwin.party Digital Entertainment (BPTY) 103.30p -2.09%Petropavlovsk (POG) 452.20p -2.04%Soco International (SIA) 324.40p -1.91%Fidessa Group (FDSA) 1,461.00p -1.88%Kentz Corporation Ltd. (KENZ) 380.40p -1.60%Ferrexpo (FXPO) 207.50p -1.38%Moneysupermarket.com Group (MONY) 133.20p -1.33%Spirent Communications (SPT) 164.40p -1.26%Big Yellow Group (BYG) 289.80p -1.26%BC
More News
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.

Read more
26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

*

Read more
26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

*

Read more
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.

Read more
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

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.