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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: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
BARC Live PriceLast checked at -

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London midday: Stocks erase losses as banks and housebuilders gain

Thu, 24th Jul 2014 12:04

- Banking, housing stocks provide a boost- Kingfisher, Easyjet slump after results- Ukraine still in focus as Russian sanctions discussed- Eurozone PMI improves, UK retail sales falltechMARK 2,821.65 -0.06%FTSE 100 6,802.89 +0.07%FTSE 250 15,726.48 0.00%UK stocks managed to turn around after a weak start, with rising banking and housing stocks offsetting a negative reaction to the latest results from Kingfisher and Easyjet.Housebuilders in particular were performing well as data showing a surprise dip in UK retail sales sparked hopes that policymakers will hold back from hiking interest rates.The FTSE 100, which touched a low of 6,767.33 early on, was trading 0.1% higher at 6,803 by midday.Nevertheless, investors still remained cautious amid the possibility of tougher economic sanctions on Russia as the European Commission meets to discuss potential new measures in the aftermath of the shooting down of flight MH17.According to a proposal seen by the Financial Times, new sanctions could include the banning of all Europeans from purchasing new debt or stock issued by Russia's largest banks.Eurozone PMI, UK retail salesEconomic data was back in focus today after a quiet few days on the macro calendar.The eurozone composite purchasing managers' index (PMI), which measures activity in both the manufacturing and service sectors, rose to a three-month high of 54 in July, surprising analysts who had expected no change from 52.8 in June.UK retail sales unexpectedly fell 0.1% in June, compared with the 0.3% growth predicted and the previous month's 0.5% decline.Markit's Chris Williams said that the easing of sales trends in May and June supports the view that growth will moderate in the second half. He said: "Such an easing leaves the door open for interest rates to remain on hold at least until early next year."Overnight, the HSBC China manufacturing PMI for July improved from 50.7 to 52, showing that growth had picked up faster than analysts' expectations (forecast: 51).Banks and housebuilders gain; Kingfisher and Easyjet slumpBanking stocks were leading the risers in London this morning with HSBC, Barclays and RBS all making gains. However, StanChart inched lower after having to swat away rumours that Chief Executive Peter Sands or Chairman Sir John Peace might be replaced in light of recent disappointing results. Housebuilders were also making gains, including Persimmon, Barratt Developments and Bovis Homes.After a strong start to the year, DIY retailer Kingfisher's like-for-like sales reversed into the red in the second quarter with trading "slower than anticipated", leading the stock to sink by 7% this morning.Budget airline Easyjet was also a heavy faller, dropping 4% despite confirming its full-year profit will rise at least 14%, in line with City forecasts. That came after it posted an 8.6% rise in third-quarter revenue, driven by higher passenger numbers, an improved load factor and the timing of Easter. In contrast, sector peer IAG saw shares jump after saying that its Iberia airline has reached an agreement with trade unions on collective redundancies for pilots and ground staff as part of its transformation plan. "This could lead to a reduction of up to 1,427 jobs at the airline."Consumer goods company Unilever erased earlier losses even though it reported a lower-than-expected increase in second-quarter sales, blaming a deterioration in emerging markets and flat developed markets.Reed Elsevier was a bright spark after reporting that underlying trends remain strong, enabling the business publishing and information company to drive a 5% improvement in profits in the first half.On the FTSE 250, Lancashire Holdings, Howden Joinery, De La Rue and Halma were all higher after updates and results, while Electrocomponents and CSR disappointed with earnings.FTSE 100 - RisersReed Elsevier (REL) 974.50p +3.78%HSBC Holdings (HSBA) 620.20p +2.12%Persimmon (PSN) 1,319.00p +1.93%International Consolidated Airlines Group SA (CDI) (IAG) 340.60p +1.58%British Sky Broadcasting Group (BSY) 928.00p +1.53%Barratt Developments (BDEV) 373.80p +1.27%Mondi (MNDI) 1,047.00p +1.26%Johnson Matthey (JMAT) 3,057.00p +1.16%Barclays (BARC) 213.30p +1.11%Royal Bank of Scotland Group (RBS) 326.70p +0.96%FTSE 100 - FallersKingfisher (KGF) 311.00p -7.44%easyJet (EZJ) 1,339.00p -4.56%Admiral Group (ADM) 1,506.00p -2.21%Petrofac Ltd. (PFC) 1,171.00p -2.17%Fresnillo (FRES) 924.00p -1.75%Anglo American (AAL) 1,571.00p -1.63%Randgold Resources Ltd. (RRS) 5,045.00p -1.27%Sage Group (SGE) 372.50p -1.19%Morrison (Wm) Supermarkets (MRW) 171.10p -1.16%Meggitt (MGGT) 529.00p -1.03%FTSE 250 - RisersHowden Joinery Group (HWDN) 333.10p +6.90%Lancashire Holdings Limited (LRE) 640.50p +5.78%Inchcape (INCH) 662.50p +3.92%Rank Group (RNK) 161.30p +3.00%Domino Printing Sciences (DNO) 627.00p +2.96%Taylor Wimpey (TW.) 117.80p +2.26%Just Retirement Group (JRG) 142.50p +2.08%WH Smith (SMWH) 1,127.00p +1.81%Melrose Industries (MRO) 265.70p +1.72%Ted Baker (TED) 1,722.00p +1.71%FTSE 250 - FallersElectrocomponents (ECM) 242.50p -6.08%Ladbrokes (LAD) 133.60p -3.95%William Hill (WMH) 342.00p -3.42%Thomas Cook Group (TCG) 118.70p -2.94%Polymetal International (POLY) 535.00p -2.64%CSR (CSR) 569.00p -2.40%Drax Group (DRX) 694.50p -2.18%Perform Group (PER) 213.60p -2.02%Tullett Prebon (TLPR) 247.00p -1.98%Evraz (EVR) 97.75p -1.96%BC
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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.

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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.

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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.

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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.

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30 Apr 2024 20:30

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

NEW YORK April 29 (Reuters) -

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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:

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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.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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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:

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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.

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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.

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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.

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25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

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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.

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