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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
BARC Live PriceLast checked at -

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London midday: FTSE 100 down one per cent as volatility continues

Fri, 31st May 2013 11:26

The volatile trade seen over the past week continued on Friday with investors turning nervous ahead of another raft of economic indicators from the US later on."European markets have taken a leg lower this morning as traders look to scale back risk heading into the month's end, with the central bank policy picture still unclear," said Matt Basi, the Head of UK Sales Trading at CMC Markets.The FTSE 100 was trading around one per cent lower by lunchtime, slipping well below the 6,600 mark, a level not seen in three weeks, as it was announced that the Eurozone unemployment rate rose from 12.1% to a record 12.2% in April. This follows downwards revisions to Eurozone growth forecasts by the OECD earlier this week.UK stocks gained slightly yesterday as a worse-than-expected second reading of US gross domestic product growth and a rise in jobless claims lifted hopes that the Federal Reserve could delay its 'exit strategy' from stimulus measures.The US economy grew by 2.4% in the first quarter, under the initial 2.5% estimate, while jobless claims rose 10,000 last week, disappointing those who were expecting no change.Increased speculation that the Fed could soon scale back its quantitative easing programme has weighed heavily on global markets over the past week, so these figures reassured investors that the recovery isn't strong enough for the Fed to pull the plug.  However, traders are unlikely to turn too optimistic just yet ahead of the Chicago purchasing managers' index and the University of Michigan confidence data due out this afternoon, for further indications at how the Fed may act in the next few meetings.FTSE 100: Banks mixed; consumer staples fallUK banking group Lloyds slipped into the red after selling a portfolio of US residential mortgage backed securities for £3.3bn as it continues to dispose of non-core assets to boost capital. The portfolio has a book value of £2.7bn so the bank will pocket a gain of £540m before tax on the sale which will be used for "general corporate purposes". Sector peers HSBC, Barclays and Standard Chartered were also weighing on the index, but RBS bucked the trend to register moderate gains.Also providing a drag in London this morning were consumer staples stocks, with beverage firms Diageo and SABMiller out of favour, along with household products group Reckitt Benckiser. Utilities stocks were on the up, rebounding after their recent falls. Severn Trent, National Grid and Centrica were in demand.Engineering firm Smiths Group dropped despite an earlier stint in the blue, after confirming rumours that it has received a preliminary approach for its medical division. Market reports suggested that the unit could fetch at least £2.0bn.Tour operator TUI Travel fell after committing to spend $6.1bn on 60 new aircraft with the option to acquire the same amount again at the same price. B&Q owner Kingfisher was also in the red, pulling back after its strong rise yesterday following its first-quarter trading update. The recent wet weather in the UK led to profits coming in below estimates but Credit Suisse said yesterday that it doesn't see material risk to full-year forecasts.FTSE 250: Lonmin and Halfords on the risePlatinum miner Lonmin surged as negotiations continue with labour unions in South Africa. The stock was given a boost this morning by Morgan Stanley which upgraded its rating from 'equal weight' to 'overweight', saying that the stock appears attractively valued versus peers.Car and bike parts retailer Halfords was also a strong riser on the FTSE 250 after UBS raised its recommendation for the stock by two notches from 'sell' to 'buy' and hiked its target price from 280p to 375p. "Halfords is a brand with high market share in its core markets, good resonance with consumers, and finally is undertaking some of the investment required to succeed as a specialist retailer," the broker said.FTSE 100 - RisersRandgold Resources Ltd. (RRS) 5,295.00p +1.34%Centrica (CNA) 380.70p +1.25%Tullow Oil (TLW) 1,051.00p +0.77%Eurasian Natural Resources Corp. (ENRC) 253.50p +0.64%Fresnillo (FRES) 1,162.00p +0.52%Wood Group (John) (WG.) 852.50p +0.41%Rexam (REX) 533.00p +0.38%International Consolidated Airlines Group SA (CDI) (IAG) 281.40p +0.29%BG Group (BG.) 1,218.00p +0.25%National Grid (NG.) 790.00p +0.19%FTSE 100 - FallersExperian (EXPN) 1,214.00p -3.88%Old Mutual (OML) 203.00p -3.47%WPP (WPP) 1,128.00p -3.18%IMI (IMI) 1,288.00p -2.94%Rolls-Royce Holdings (RR.) 1,184.00p -2.87%Melrose Industries (MRO) 257.20p -2.43%Evraz (EVR) 139.00p -2.32%CRH (CRH) 1,402.00p -2.30%BAE Systems (BA.) 403.10p -2.16%SABMiller (SAB) 3,305.00p -2.13%FTSE 250 - RisersHalfords Group (HFD) 329.00p +6.13%Lonmin (LMI) 301.10p +4.91%Petropavlovsk (POG) 139.80p +3.25%New World Resources A Shares (NWR) 102.00p +2.72%FirstGroup (FGP) 129.40p +2.62%Keller Group (KLR) 947.00p +1.88%Direct Line Insurance Group (DLG) 211.20p +1.83%Synthomer (SYNT) 202.00p +1.81%Computacenter (CCC) 463.00p +1.36%Anite (AIE) 128.70p +1.26%FTSE 250 - FallersMan Group (EMG) 116.30p -4.75%Perform Group (PER) 557.50p -4.21%Persimmon (PSN) 1,183.00p -3.43%Imagination Technologies Group (IMG) 355.40p -3.42%Investec (INVP) 454.90p -3.36%Mondi (MNDI) 876.00p -2.88%Taylor Wimpey (TW.) 98.05p -2.73%Balfour Beatty (BBY) 234.20p -2.70%JPMorgan Indian Inv Trust (JII) 383.60p -2.57%Howden Joinery Group (HWDN) 235.50p -2.52%
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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
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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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Barclays to cut jobs in investment banking - reports

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GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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NatWest profit falls less than feared ahead of state escape

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London close: Stocks finish mixed as US GDP growth slows

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Where are Wall Street's analyst notes on Trump's Truth Social?

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Barclays Q1 profit falls 12% as trading slump hits

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TOP NEWS: Barclays first quarter profit falls but beats expectations

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