focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

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: 213.10
Bid: 213.45
Ask: 213.55
Change: -4.10 (-1.89%)
Spread: 0.10 (0.047%)
Open: 217.55
High: 218.25
Low: 212.15
Prev. Close: 217.20
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: Lloyds makes gains as stocks shrug off PMI data

Tue, 01st May 2012 11:35

- UK, China PMIs disappoint- Lloyds provides a lift, Man Group and BP drop after updates- European, Asian markets closed; US openWith most European and Asian markets closed today for May Day, the Footsie was trading only slightly higher by Tuesday lunchtime as some worse-than-expected manufacturing data from the UK and China limited gains. Across the pond, benchmarks are still open today, with stock futures pointing to a broadly flat start on Wall Street ahead of the US's own manufacturing report.UK manufacturing growth faltered in April as exports were hit by weaker demand from across the globe. Markit's Purchasing Managers' Index (PMI) registered 50.5 in April compared to 51.9 in March. Any number over 50 on the index denotes growth with today's figures showing output rising at slowest rate of the year so far. Consensus forecasts were for an expansion of 51.6. However, it was the fifth month in a row that the manufacturing sector reported expansion. "Although still in positive territory, manufacturers reported a slowdown in activity, characteristic of continued problems and poorer consumer confidence across the Eurozone," said David Noble, Chief Executive at the Chartered Institute of Purchasing & Supply. Meanwhile, activity in China's manufacturing sector ticked up in the month of April, according to the latest data out from the country's statistics bureau and logistics federation. The national manufacturing sector PMI rose to 53.3 points from the previous month's level of 53.1. However, while that does mark the highest reading in a year it has come in below the 53.6 point mark expected by the consensus. FTSE 100: Lloyds on the rise, but Man & BP provide a drag Lloyds was the best performer of the day after saying that pre-tax profits in the first quarter came in at £288m compared to a massive loss of £3.47bn in the first three months of last year. Nevertheless, Lloyds said it had seen an increase in the volume of complaints being received following the PPI mis-selling scandal. ??"If [CEO] Antonio still needs cheering up after the 6% share price rebound of the past eight days then the underlying trends visible in today's numbers could be just the tonic," said analysts at Investec. Sector peer Barclays was making moderate gains, while RBS fell into the red.??Cigarette producer Imperial Tobacco rose after beating market expectations both in terms of operating profits and earnings per share in its first half as the its biggest brand, Gauloises Blondes, produced significant growth. Man Group, the hedge fund manager which has seen its share price plummet over the last two months, continued to fall despite reporting a slight increase in funds under management (FuM) in the first quarter. "After a strong start to the year, markets came back under pressure in March and drove greater dispersion in investment performance across our industry," said Chief Executive Peter Clarke. Peel Hunt downgraded the stock today from buy to hold.??Integrated oil major BP also fell after underlying replacement cost profit was down in the first quarter, with the downstream business primarily responsible for the fall-off. ??Morgan Stanley seems responsible for some movements in the utilities sector today, giving United Utilities a lift after an upgrade (from equal weight to overweight) while pressuring Severn Trent lower with a downgrade (from overweight to equal weight).?FTSE 250: Chemring and Cape perform stronglyPyrotechnics and military counter-measures specialist Chemring started Tuesday with a bang after announcing two new orders, one big and one small. Its Chemring Countermeasures subsidiary has been awarded a five-year agreement with the UK Ministry of Defence, worth an initial £21m, while in the US, its Non-Intrusive Inspection Technology (NITEK) division has been awarded a contract for the ground penetrating radar, Husky mounted detection system. The contract ceiling is $579m with an initial order of $161m. ??Shares in energy and mineral extraction industries services provider Cape advanced after the firm announced that underlying revenues increased by one-tenth in the first quarter. ??Oil and gas engineering firm Lamprell also rose after saying it had secured a $227m contract from an unnamed drilling contractor to build one of its popular jackup rigs. FTSE 100 - RisersLloyds Banking Group (LLOY) 32.40p +4.48%Imperial Tobacco Group (IMT) 2,536.00p +2.92%Capital Shopping Centres Group (CSCG) 331.30p +1.94%Bunzl (BNZL) 1,040.00p +1.66%Aviva (AV.) 313.00p +1.59%Rolls-Royce Holdings (RR.) 836.50p +1.58%United Utilities Group (UU.) 627.50p +1.46%Wolseley (WOS) 2,377.00p +1.45%Diageo (DGE) 1,573.50p +1.45%Royal Bank of Scotland Group (RBS) 24.60p +1.36%FTSE 100 - FallersMan Group (EMG) 97.75p -5.56%BP (BP.) 433.05p -2.69%Kingfisher (KGF) 283.90p -2.27%Randgold Resources Ltd. (RRS) 5,315.00p -2.03%IMI (IMI) 977.00p -1.26%Severn Trent (SVT) 1,671.00p -1.12%Next (NXT) 2,899.00p -1.02%BG Group (BG.) 1,436.50p -0.97%Marks & Spencer Group (MKS) 354.50p -0.70%Tullow Oil (TLW) 1,524.00p -0.65%FTSE 250 - RisersChemring Group (CHG) 386.50p +18.38%Cape (CIU) 414.90p +9.94%Brown (N.) Group (BWNG) 245.30p +7.02%Lamprell (LAM) 360.60p +3.62%Betfair Group (BET) 808.50p +2.34%Carillion (CLLN) 298.40p +2.30%Bumi (BUMI) 529.50p +2.12%Restaurant Group (RTN) 286.30p +1.92%Ashtead Group (AHT) 253.20p +1.89%National Express Group (NEX) 220.80p +1.89%FTSE 250 - FallersHome Retail Group (HOME) 101.10p -5.16%Supergroup (SGP) 333.30p -4.17%CSR (CSR) 222.40p -3.60%Kesa Electricals (KESA) 52.70p -3.30%Petropavlovsk (POG) 466.50p -2.16%Go-Ahead Group (GOG) 1,116.00p -2.11%Avocet Mining (AVM) 169.00p -2.09%Galliford Try (GFRD) 640.50p -1.91%Howden Joinery Group (HWDN) 119.70p -1.89%Ocado Group (OCDO) 127.40p -1.85%BC
More News
15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

Read more
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.

Read more
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

*

Read more
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.

Read more
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.

Read more
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.

Read more
7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

Read more
5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

Read more
5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

Read more
5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

Read more
5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

Read more
30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

Read more
28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

Read more
28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

Read more
28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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.