Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video 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: 211.65
Bid: 211.85
Ask: 211.95
Change: 1.30 (0.62%)
Spread: 0.10 (0.047%)
Open: 210.90
High: 213.20
Low: 209.60
Prev. Close: 210.35
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: Miners, oil stocks drag FTSE lower after hawkish Fed

Thu, 30th Oct 2014 11:33

Heavy falls in the resource sectors on a stronger dollar ensured that London's stock market was firmly in the red on Tuesday, after the withdrawal of stimulus by the Federal Reserve.Blue chips Shell, Barclays and BT Group were also lower after a poor reaction to their latest results, with the FTSE 100 down 1% at 6,392 by midday.The negative start follows a weak performance on Wall Street on Wednesday night after the Federal Open Market Committee voted to end its quantitative easing programme.While the decision came as no surprise and the Fed maintained its pledge to keep interest rates low for a "considerable time", analysts highlighted a hawkish tone to the accompanying statement.Policymakers dropped their previous language describing the slack in the labour market as "significant" as they painted a more upbeat outlook for the economy, raising the possibility that rates could rise sooner than the markets currently expect.The comments lifted the dollar against many major currencies with the dollar index up 0.5% above 86.4, pushing the price of commodities such as oil, gold and copper lower.Miners, oil stocks fallMining groups dropped in the face of falling metal prices, with gold at a three-week low and copper pulling back from a six-week high. Fresnillo, Randgold, Anglo American, Glencore and Antofagasta were among the worst performers.Royal Dutch Shell slipped as investors shrugged off a bigger-than-expected 31% jump in third-quarter earnings to $5.8bn, with the market also reacting to the news that chairman Jorma Ollila will step down after nine years.Meanwhile, oil peers such as Tullow Oil, BP, Afren and EnQuest fell as the price of Brent crude declined nearly 1%.After an earlier rise, Barclays fell into the red despite unveiling a better-than-predicted 14% jump in third-quarter adjusted pre-tax profit as it held costs to a five-year quarterly low. The bank however made a £670m provision against fines for rigging forex and PPI mis-selling.Telecoms titan BT Group was lower despite reporting second-quarter earnings above market forecasts as strong demand for fibre broadband and sports channels led to a decent jump in profits. Operating profits rose 1% to £1.45bn, but sales fell 2% to £4.83bn.Wealth manager St James's Place was a standout performer, rising strongly after seeing impressive inflows in its third quarter, helped by a big increase in demand for new ISA investments. Funds under management reached a record £49.1bn by 30 September, up 17% on the year before.Market MoverstechMARK 2,724.86 -0.35%FTSE 100 6,391.54 -0.97%FTSE 250 15,194.68 -0.26%FTSE 100 - RisersSt James's Place (STJ) 708.50p +2.98%Sports Direct International (SPD) 635.00p +0.47%BAE Systems (BA.) 447.80p +0.38%AstraZeneca (AZN) 4,460.50p +0.37%Shire Plc (SHP) 4,089.00p +0.34%Persimmon (PSN) 1,424.00p +0.28%Smiths Group (SMIN) 1,135.00p +0.27%Sage Group (SGE) 372.00p +0.27%Legal & General Group (LGEN) 225.20p +0.22%Ashtead Group (AHT) 1,005.00p +0.20%FTSE 100 - FallersRandgold Resources Ltd. (RRS) 3,885.00p -3.38%Tullow Oil (TLW) 477.80p -3.28%Fresnillo (FRES) 724.50p -3.27%BT Group (BT.A) 364.00p -3.06%Anglo American (AAL) 1,312.50p -2.96%Standard Chartered (STAN) 964.40p -2.79%Glencore (GLEN) 314.90p -2.72%BG Group (BG.) 1,017.00p -2.63%Antofagasta (ANTO) 685.50p -2.63%Rio Tinto (RIO) 2,926.00p -2.03%FTSE 250 - RisersNational Express Group (NEX) 243.70p +3.61%Keller Group (KLR) 826.50p +3.51%Infinis Energy (INFI) 219.00p +2.77%Bwin.party Digital Entertainment (BPTY) 103.50p +2.58%Croda International (CRDA) 2,257.00p +2.45%Homeserve (HSV) 342.20p +2.42%AL Noor Hospitals Group (ANH) 1,017.00p +2.42%Moneysupermarket.com Group (MONY) 195.50p +1.98%Card Factory (CARD) 225.50p +1.90%Victrex plc (VCT) 1,668.00p +1.89%FTSE 250 - FallersAfren (AFR) 85.30p -8.53%AO World (AO.) 152.00p -6.17%Hochschild Mining (HOC) 102.00p -5.29%Vedanta Resources (VED) 798.00p -4.83%Kazakhmys (KAZ) 217.10p -4.36%Ferrexpo (FXPO) 86.50p -3.51%Lonmin (LMI) 173.20p -3.46%EnQuest (ENQ) 71.55p -3.38%Balfour Beatty (BBY) 149.70p -3.17%Cairn Energy (CNE) 150.40p -2.72%
More News
12 Apr 2024 08:55

UK regulator struggles to obtain data for motor financing probe

(Alliance News) - The UK Financial Conduct Authority on Friday said it has reminded motor financing companies to maintain adequate financial resources at all times as it continues its review of their activities.

Read more
12 Apr 2024 07:59

UK banks must prepare for car finance claims, says watchdog

LONDON, April 12 (Reuters) - British lenders have been told by the Financial Conduct Authority (FCA) to ensure they are adequately prepared to meet the potential costs of customer complaints arising from its review into the motor finance industry.

Read more
11 Apr 2024 14:15

Barclays hires UBS banker Abati as co-head of energy transition for EMEA

LONDON, April 11 (Reuters) - Barclays has hired Rafael Abati from UBS as one of two senior bankers to lead its energy transition investment banking business in Europe, the Middle East and Africa (EMEA), Barclays said in a statement.

Read more
10 Apr 2024 19:26

Barclays reduces Fed rate cut view to one in 2024

NEW YORK, April 10 (Reuters) - Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the consumer price index (CPI) data released today.

Read more
9 Apr 2024 16:27

Sabadell feels no pressure from British M&A activity to sell TSB

ALICANTE, Spain, April 9 (Reuters) - Sabadell is under no pressure to sell its British TSB business, the Spanish bank's chief executive Cesar Gonzalez Bueno said on Tuesday, despite recent UK sector consolidation.

Read more
9 Apr 2024 12:20

PRESS: Barclays mounts challenge to UK car finance ruling - Sky

(Alliance News) - Barclays PLC has launched a legal challenge over a ruling that it unfairly paid commission to a car finance broker, Sky News reported late Monday.

Read more
5 Apr 2024 09:53

OSB promotes Victoria Hyde to chief financial officer

(Alliance News) - OSB Group PLC on Friday named Victoria Hyde as its chief financial officer, with effect from May 10.

Read more
4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

Read more
4 Apr 2024 15:24

Sector movers: Lenders and industrial miners pace gains amid search for yield

(Sharecast News) - Lenders' and miners' shares helped London's top-flight index outperform amid a renewed focus on the part of some investors on so-called 'value' stocks.

Read more
3 Apr 2024 13:19

Morgan Stanley commits to Canary Wharf home until at least 2038

LONDON, April 3 (Reuters) - Morgan Stanley's UK arm has extended a lease on its 547,000 square foot European headquarters in London's Canary Wharf to 2038, committing to the Docklands financial hub even as rivals relocate in search of smaller offices.

Read more
2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
27 Mar 2024 20:59

Barclays executive denies discrimination in employee case

LONDON, March 27 (Reuters) - Barclays' former Global Head of Race at Work has defended her decision not to investigate further an employee complaint alleging racial, religious and sex discrimination at the British bank, an employment tribunal in London heard on Wednesday.

Read more
27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

Read more
27 Mar 2024 13:44

Libor trader Hayes loses appeal against rate-rigging conviction

LONDON, March 27 (Reuters) - Tom Hayes, the first trader in the world to be jailed for interest rate rigging, lost his appeal against his conviction on Wednesday, a decision he said he would seek to challenge at the UK's Supreme Court.

Read more
27 Mar 2024 13:17

UK dividends calendar - next 7 days

Thursday 28 March 
Alliance Trust PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Berkeley Group Holdings PLCdividend payment date
BHP Group Ltddividend payment date
BlackRock Energy & Resources Inc Trust PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
BP PLCdividend payment date
City of London Investment Group PLCdividend payment date
Crown Place VCT PLCdividend payment date
CT UK Capital & Income Investment Trust PLCdividend payment date
Develop North PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Gateley Holdings PLCdividend payment date
Genus PLCdividend payment date
Hargreaves Lansdown PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Idox PLCex-dividend payment date
Imperial Brands PLCdividend payment date
Melrose Industries PLCex-dividend payment date
Mid Wynd International Investment Trust PLCdividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
NextEnergy Solar Fund Ltddividend payment date
North Atlantic Smaller Cos Investment Trust PLCdividend payment date
Personal Group Holdings PLCex-dividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
Quartix Technologies PLCex-dividend payment date
Renewables Infrastructure Group Ltddividend payment date
Schroder Real Estate Investment Trust Ltddividend payment date
SDCL Energy Efficiency Income Trust PLCdividend payment date
Smith & Nephew PLCex-dividend payment date
Taylor Wimpey PLCex-dividend payment date
Thames Ventures VCT 2 DSO 1 D PLCdividend payment date
Travis Perkins PLCex-dividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Vaalco Energy Incdividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Volution Group PLCex-dividend payment date
Wynnstay Group PLCex-dividend payment date
Friday 29 March 
Energean PLCdividend payment date
Fiske PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 1 April 
no events scheduled 
Tuesday 2 April 
Ashmore Group PLCdividend payment date
Braemar PLCdividend payment date
Fair Oaks Income Ltddividend payment date
Fonix Mobile PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
MJ Gleeson PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Shoe Zone PLCspecial dividend payment date
Temple Bar Investment Trust PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Warehouse REIT PLCdividend payment date
Wheaton Precious Metals Corpex-dividend payment date
Wednesday 3 April 
Barclays PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-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

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.