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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 202.35
Bid: 202.15
Ask: 202.25
Change: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
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Low: 0.00
Prev. Close: 202.35
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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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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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27 Nov 2023 17:16

UPDATE: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 13:44

Barclays in talks to acquire mortgage portfolio from Metro Bank

(Sharecast News) - Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.

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27 Nov 2023 13:26

PRESS: Metro Bank negotiating sale of mortgage book to Barclays - Sky

(Alliance News) - Metro Bank Holdings PLC is in talks to sell a GBP3 billion mortgage portfolio to Barclays PLC as part of its restructuring process in a bid to prevent collapse.

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27 Nov 2023 12:54

IN BRIEF: Argo Blockchain hires former CBOE Digital chief to be CEO

Argo Blockchain PLC - London-based cryptocurrency miner - Hires Thomas Chippas as chief executive officer and board member, starting immediately. New York-based Chippas most recently was CEO of CBOE Digital, a crypto trading and clearing firm that is part of Cboe Global Markets Group. He also was CEO of Citadel Technology LLC and worked at financial firms Citigroup Inc, Barclays PLC and Deutsche Bank AG. "The pace of innovation in the bitcoin mining industry continues to increase as miners seek ever greater efficiency and capacity in preparation for the bitcoin halving and beyond," Chippas says.

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