The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Markets erase gains as Barclays and StanChart slump

Thu, 26th Jun 2014 12:12

- LSE jumps after $2.7bn purchase of Frank Russell- Housebuilders jump as Carney announces "soft" measures to cool housing- Barclays facing allegations of fraud- StanChart reports "disappointing first half"techMARK 2,800.86 +0.42%FTSE 100 6,733.63 0.00%FTSE 250 15,595.09 +0.91%UK markets were trading more or less flat on Thursday as strong gains from London Stock Exchange (LSE) and a host of housing stocks were offset by some heavy falls from banking giants Barclays and Standard Chartered.LSE surged as investors gave a warm welcome to its acquisition of the Russell Indexes, while housebuilders breathed a sigh of relief at softer-than-expected measures from the Bank of England (BoE) to cool the housing market. However, a lawsuit involving Barclays and a "disappointing first half" from StanChart sent both stocks sharply into the red.The FTSE 100 was more or less unchanged by midday after hitting a two-month low of 6,733.62 on Wednesday.Stocks fell sharply yesterday after a much-worse-than-expected downwards revision to US gross domestic product (GDP) estimates for the first quarter. However, Wall Street stocks performed resiliently last night as "traders view yesterday's poor revision [...] as a reason for a dovish Federal Reserve who will not raise interest rates any time soon", said Wei-lin Fanelli from ETX Capital.BoE Governor Mark Carney was in focus this morning after announcing a series of measures to tighten up on mortgage lending. He said that "the biggest risks [to the recovery] relate to the housing market". The Financial Stability Report proposed a new "affordability test" for stricter rules on lending, and also recommended a cap on loan-to-income ratios, though these measures were more "mild" than the market was anticipating, according to Tony Wilson from FEXCO. He said this "relief" sparked a rise in the pound to a high of 1.7034 against the dollar, compared with 1.6984 on Wednesday.LSE, housing stocks riseLSE is spending $2.7bn in cash on buying Frank Russell Company in a deal that will combine the groups' Russell and FTSE index businesses. Investors seemingly gave a thumbs up to the acquisition with shares rising strongly despite the announcement that it will be part-financed by a $1.6bn rights issue, which is intrinsically dilutive.Housebuilders Persimmon, Barratt Developments, Taylor Wimpey and Berkeley all jumped strongly as investors reacted to the new BoE measures to cool the housing market. Alastair Stewart from Westhouse Securities said that the measures were "less draconian than many observers have feared".Heading the other way was Barclays after confirming that it is subject to a lawsuit from the New York Attorney General related to alleged fraud in the bank's 'dark pool' equity-trading business.Emerging markets-focused counterpart StanChart slumped after saying it faced difficult trading conditions across the global financial markets during the first six months of 2014. Revenues in the first half are expected to be down by a "mid single-digit percentage" on last year while operating profits have fallen around 20%.Online gaming group bwin.party was a high riser this morning, but had come off its highs by noon after denying reports it is considering a full or partial sale. Ophir Energy's 50%-owned Okala-1 well did not find significant hydrocarbons in the target areas, the company said today, marking a disappointing end to its 2014 exploration campaign in Gabon. Consumer goods packaging firm DS Smith declined despite saying that full-year pre-tax profit more than doubled to £167m in the 12 months to April 30th.FTSE 100 - RisersLondon Stock Exchange Group (LSE) 1,984.00p +6.10%Persimmon (PSN) 1,247.00p +4.00%Barratt Developments (BDEV) 359.00p +3.67%Travis Perkins (TPK) 1,628.00p +2.97%St James's Place (STJ) 769.50p +2.67%ITV (ITV) 173.40p +2.30%IMI (IMI) 1,488.00p +2.27%Johnson Matthey (JMAT) 3,043.00p +2.22%Ashtead Group (AHT) 859.50p +2.14%Vodafone Group (VOD) 193.70p +2.05%FTSE 100 - FallersBarclays (BARC) 219.10p -4.74%Standard Chartered (STAN) 1,202.00p -4.41%Reckitt Benckiser Group (RB.) 5,055.00p -1.37%Fresnillo (FRES) 848.50p -1.11%British American Tobacco (BATS) 3,483.50p -1.09%Randgold Resources Ltd. (RRS) 4,814.00p -1.09%HSBC Holdings (HSBA) 595.90p -0.95%ARM Holdings (ARM) 878.00p -0.90%Carnival (CCL) 2,213.00p -0.63%TUI Travel (TT.) 386.00p -0.59%FTSE 250 - RisersSupergroup (SGP) 1,026.00p +8.06%Redrow (RDW) 266.00p +5.89%CSR (CSR) 579.50p +5.17%Taylor Wimpey (TW.) 109.70p +4.98%Foxtons Group (FOXT) 278.50p +4.82%Bwin.party Digital Entertainment (BPTY) 97.00p +4.70%Tullett Prebon (TLPR) 260.70p +4.36%Bellway (BWY) 1,552.00p +3.95%Berkeley Group Holdings (The) (BKG) 2,368.00p +3.50%Dunelm Group (DNLM) 863.50p +3.41%FTSE 250 - FallersImagination Technologies Group (IMG) 220.90p -6.71%Smith (DS) (SMDS) 289.60p -5.14%Euromoney Institutional Investor (ERM) 1,069.00p -4.98%Ophir Energy (OPHR) 231.00p -3.95%Perform Group (PER) 240.30p -3.42%Ladbrokes (LAD) 138.30p -1.85%Lonmin (LMI) 241.80p -1.43%Cairn Energy (CNE) 200.60p -1.23%William Hill (WMH) 324.50p -1.22%Oxford Instruments (OXIG) 1,343.00p -1.03%BC
More News
4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

Read more
3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

Read more
2 May 2024 13:48

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
OSB Group PLCAGM
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.

Read more
1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

Read more
30 Apr 2024 20:30

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

NEW YORK April 29 (Reuters) -

Read more
29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
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

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.