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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: 214.90
Bid: 214.40
Ask: 214.50
Change: 1.80 (0.84%)
Spread: 0.10 (0.047%)
Open: 213.30
High: 215.55
Low: 213.25
Prev. Close: 213.10
BARC Live PriceLast checked at -

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London midday: Stocks edge higher, markets await Greek debt-swap

Wed, 07th Mar 2012 11:25

- Admiral jumps 11% as outlook improves.- BATS, CRH, Serco down after going ex-dividend.- Markets await the Greek debt-swap deadline.Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-off seen over the last three days. Markets are nervous ahead of tomorrow's deadline for the crucial Greek debt-swap.Europe is awaiting a final decision this week on the Greek debt restructuring. Private investors have a March 8th deadline to decide if they will accept a debt exchange in which they will be required to take a 53.5% haircut in an agreement that would save Athens about €106bn (£88bn). The Greek government is optimistic that the rate of participation in the bond-swap could reach between 75% and 80%, according to sources cited by the Wall Street Journal. However, this falls short of the 90% participation rate needed to avoid the trigger of collective action clauses (CACs). "In our view, the activation of the CACs is highly likely and following on from that a credit event, triggering CDS payouts," said Citi analyst Mark Schofield.In other news, last night's "Super Tuesday" vote in the US saw Republican presidential candidate Mitt Romney win the primary contests in the key state of Ohio, while also winning in Massachusetts, Idaho, Vermont and Virginia. The man who appears to be his main rival, Rick Santorum, hoovered up in Tennessee, Oklahoma and North Dakota. US futures were pointing to a positive start on Wall Street, as stock recover from yesterday's sell-off. Investors will be awaiting an Automatic Data Processing (ADP) payrolls report before the open.ECONOMIC DATAShop price inflation in the UK eased to a 1.2% year-on-year rate of change in February, versus 1.4% the month before, according to the latest BRC-Nielsen survey data.Permanent job placements in the UK rose to a nine-month high in February, according to the latest data released by consultants KPMG-REC. ADMIRAL RACES AHEAD Car insurance giant Admiral surged after deciding to pay a special dividend as it seeks to curb the number of high value bodily injury claims which have dented recent figures. Admiral has revealed that pre-tax profits up 13% on 2011 at £299m with net revenue up 36% at £870.3m. Both those figures beat the consensus forecasts. Nomura did its bit to boost buying after saying that the results give comfort on prospective forecasts, saying that the bodily injury claims trends are appearing to stabilise.British American Tobacco was the heaviest faller after trading without the right to its latest dividend. Other big movers that went ex-dividend this morning include FTSE 100 peers CRH, Serco and Standard Chartered and FTSE 250 stocks TUI Travel, Spirent Communications, Kesa Electricals, Domino Printing Sciences and Renishaw. Banking titan HSBC's sale of peripheral parts of its operations has continued with the sale of its general insurance businesses in Hong Kong, Singapore, Argentina and Mexico. Shares rose moderately, joined by peers Royal Bank of Scotland, Barclays and Lloyds.Power systems giant Rolls-Royce edged higher after announcing that it will soon begin flight tests of an engine upgrade for the US Air Force's T56 turboprop engine. Miners were providing a lift after their recent poor performance with Kazakhmys, ENRC, Rio Tinto and BHP Billiton rising strongly. FTSE 250: COBHAM SURGES AFTER HIKING DIVI Shares in defence technology group Cobham jumped after raising its full-year dividend by a third on the back of strong profits and cash generation in 2011. While revenue fell 3%, the group gave an optimistic outlook for defence spending in the US. Development, environmental and energy resources consultancy RPS Group rose after seeing full-year pre-tax profits come in marginally ahead of expectations. Afren was making gains after well test results at its Okoro East oil discovery, offshore Nigeria, confirmed high quality oil in excellent reservoir sands. Future horizontal production wells at the project will be capable of yielding 4,500-7,000 barrels of oil per day each, the group predicts. BCFTSE 100 - RisersAdmiral Group (ADM) 1,150.00p +10.58%Essar Energy (ESSR) 111.10p +9.35%ICAP (IAP) 391.60p +2.89%ITV (ITV) 85.50p +2.76%Petrofac Ltd. (PFC) 1,584.00p +2.52%Kazakhmys (KAZ) 946.50p +2.44%Tullow Oil (TLW) 1,446.00p +2.34%Burberry Group (BRBY) 1,425.00p +2.30%Schroders (Non-Voting) (SDRC) 1,224.00p +2.17%Weir Group (WEIR) 1,964.00p +2.13%FTSE 100 - FallersBritish American Tobacco (BATS) 3,095.50p -3.01%Fresnillo (FRES) 1,794.00p -1.97%CRH (CRH) 1,262.00p -1.79%Cairn Energy (CNE) 317.10p -1.21%Royal Dutch Shell 'A' (RDSA) 2,238.50p -0.56%BP (BP.) 487.55p -0.52%Xstrata (XTA) 1,120.00p -0.49%Serco Group (SRP) 516.50p -0.48%Standard Chartered (STAN) 1,560.00p -0.32%Glencore International (GLEN) 400.05p -0.31%FTSE 250 - RisersCobham (COB) 201.40p +8.11%Homeserve (HSV) 227.70p +6.05%Afren (AFR) 131.80p +4.94%Inmarsat (ISAT) 452.70p +4.50%Centamin (DI) (CEY) 82.55p +4.23%Bodycote (BOY) 400.50p +3.94%Michael Page International (MPI) 460.00p +3.84%Imagination Technologies Group (IMG) 599.50p +3.45%Drax Group (DRX) 511.00p +3.21%Allied Gold Mining (ALD) 119.20p +3.20%FTSE 250 - FallersTUI Travel (TT.) 187.70p -2.85%Renishaw (RSW) 1,362.00p -2.64%Wood Group (John) (WG.) 692.00p -1.91%Kesa Electricals (KESA) 69.85p -1.76%African Barrick Gold (ABG) 424.50p -1.74%COLT Group SA (COLT) 99.80p -1.67%Perpetual Income & Growth Inv Trust (PLI) 262.50p -1.50%Savills (SVS) 360.10p -1.45%Dixons Retail (DXNS) 14.81p -1.20%Spirent Communications (SPT) 149.60p -1.19%
More News
26 Sep 2023 07:46

LONDON BRIEFING: PZ Cussons profit drops; Smiths Group profit triples

(Alliance News) - Stocks in London are set to open in the red on Tuesday as concerns around the world's two largest economies weighed on market mood.

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22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

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

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18 Sep 2023 21:51

IN BRIEF: Vanquis confirms Estlin as chair after regulatory approval

Vanquis Banking Group PLC - Bradford, England-based lender - Confirms Peter Estlin as chair, effective last week Friday, following regulatory approval. He replaces Patrick Snowball. Estlin worked as acting chief financial officer for Barclays PLC and served as Lord Mayor of the City of London in 2018/19.

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12 Sep 2023 13:47

Barclays to cut more than 450 jobs, says Unite

(Sharecast News) - Barclays is cutting more than 450 jobs, the Unite union announced on Tuesday.

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8 Sep 2023 15:45

UK dividends calendar - next 7 days

Monday 11 September 
AstraZeneca PLCdividend payment date
Games Workshop Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Residential Secure Income PLCdividend payment date
ThomasLloyd Energy Impact Trust PLCdividend payment date
Tuesday 12 September 
Ashtead Group PLCdividend payment date
Foxtons Group PLCdividend payment date
Lindsell Train Investment Trust PLCdividend payment date
Lloyds Banking Group PLCdividend payment date
LMS Capital PLCdividend payment date
Wednesday 13 September 
BT Group PLCdividend payment date
Franchise Brands PLCdividend payment date
Monks Investment Trust PLCdividend payment date
Thursday 14 September 
abrdn Japan Investment Trust PLCex-dividend payment date
Alfa Financial Software Holdings PLCspecial ex-dividend payment date
Apax Global Alpha Ltdex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Camellia PLCex-dividend payment date
Dalata Hotel Group PLCex-dividend payment date
Energean PLCex-dividend payment date
Franchise Brands PLCex-dividend payment date
Fresnillo PLCdividend payment date
Goodwin PLCex-dividend payment date
Henderson High Income Trust PLCex-dividend payment date
International Public Partnerships Ltdex-dividend payment date
Intertek Group PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCex-dividend payment date
Luceco PLCex-dividend payment date
LXi REIT PLCex-dividend payment date
Macfarlane Group PLCex-dividend payment date
Melrose Industries PLCex-dividend payment date
Murray Income Trust PLCdividend payment date
SDCL Energy Efficiency Income Trust PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Triple Point Social Housing REIT PLCex-dividend payment date
TT Electronics PLCex-dividend payment date
Unite Group PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCdividend payment date
Friday 15 September 
4imprint Group PLCdividend payment date
Baillie Gifford European Growth Trust PLCspecial dividend payment date
Baillie Gifford UK Growth Trust PLCdividend payment date
Barclays PLCdividend payment date
Brunner Investment Trust PLCdividend payment date
Clarkson PLCdividend payment date
Halfords Group PLCdividend payment date
Hikma Pharmaceuticals PLCdividend payment date
Ibstock PLCdividend payment date
IMI PLCdividend payment date
Informa PLCdividend payment date
Lancashire Holdings Ltddividend payment date
Montanaro European Smaller Companies Trust PLCdividend payment date
NatWest Group PLCdividend payment date
Pershing Square Holdings Ltddividend payment date
Reckitt Benckiser Group PLCdividend payment date
Spirent Communications PLCdividend payment date
TI Fluid Systems PLCdividend payment date
Vesuvius PLCdividend payment date
Witan Investment Trust PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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7 Sep 2023 09:45

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

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

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5 Sep 2023 15:03

SoftBank's Arm aims for over $52 bln valuation in biggest US IPO of the year

Sept 5 (Reuters) - SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.

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4 Sep 2023 14:32

Barclays reportedly looking for investors in UK merchant payments arm

(Sharecast News) - Barclays is looking for buyers to invest in its merchant acquiring unit in the UK, according to reports.

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1 Sep 2023 00:01

Some UK banks improving interest rates for savers, says watchdog

LONDON, Sept 1 (Reuters) - More savings accounts are offering higher interest rates as a more competitive market emerges, though regulatory intervention may still be needed to ensure customers are getting fair value, Britain's Financial Conduct Authority (FCA) said on Friday.

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31 Aug 2023 23:16

Arm prepares to meet investors ahead of blockbuster IPO -sources

NEW YORK, Aug 31 (Reuters) - Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.

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29 Aug 2023 17:27

European shares at two-week high; UK's FTSE 100 outperforms

U.S. job openings data boosts Fed pause bets

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25 Aug 2023 14:43

Barclays hires internet banker Taylor from Goldman Sachs-memo

Aug 25 (Reuters) - Barclays Plc has hired Emma Taylor, a Goldman Sachs Group Inc technology banker, as global head of internet investment banking, according to an internal memo seen by Reuters.

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18 Aug 2023 10:22

UK banking stocks are undervalued, says Shore Capital

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

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18 Aug 2023 09:57

Everyman half-year revenue and earnings down; agrees new loan facility

(Alliance News) - Everyman Media Group PLC on Friday said it is trading in line with expectations, although first-half revenue and earnings were lower.

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17 Aug 2023 22:30

Britain makes access to fee-free cash machine a legal right

LONDON, Aug 17 (Reuters) - Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday.

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